Humatics has completed its Series A financing round with $18 million raised to support efforts to market the company’s machine-powered microlocation system and analytics software. The Spatial Intelligence Platform is designed to augment human navigation, location and collaboration operations with autonomous systems, the company announced Tuesday. Mobility-focused venture capital firm Fontinalis Partners led the funding round, with investment […] More

A new report by IHS indicates that the global defense market saw increased trading activity for the sixth consecutive year, a 13.4 percent growth rate from $56.8 billion in 2013 to $64.4 billion in 2014. “This record figure has been driven by unparalleled demand from the emerging economies for military aircraft and an escalation of regional […] More

Six Newport News Shipbuilding and two Ingalls Shipbuilding engineers were honored at the 2018 Black Engineer of the Year Award STEM Global Competitive Conference achievements in promoting science, technology, engineering and mathematics. The engineers received the awards during the conference in Washington that took place Feb. 6 through Feb. 8, Huntington Ingalls, the parent company […] More

The National Nuclear Security Administration has received the final wind turbines for a wind farm in Amarillo, Texas that is being built by Siemens Government Technologies, the German conglomerate’s U.S. federal business organization. Siemens has set the operational date for the Pantex Renewable Energy Project as July 31, 2014 — nearly a year after NNSA and […] More