Tidelift, which provides platforms meant to improve the resilience of open source software supply chain, expanded its Series C financing to $33.5 million after securing additional investments from AEI HorizonX, a venture capital group formed by AE Industrial Partners and Boeing, and Cisco Investments. Tidelift said it will use the additional funding to expand its […] More

SpaceX has received certification from the U.S. Space Force to launch classified intelligence, surveillance and early-warning satellites using previously flown first-stage boosters on its Falcon Heavy rocket, Bloomberg reported Thursday. The certification issued in June allows the company to use the recyclable side boosters in launching national security missions and the service branch said one […] More

Craig McCullough, senior vice president of public sector business with Riverbed, recently spoke with ExecutiveBiz about joining the company, his strategic goals as well as how he is addressing the unique challenges of talent recruitment in the federal sector and innovating the capabilities for their customers during the latest Executive Spotlight interview. “From a workforce perspective, I personally […] More

There’s no doubt that shutdowns cause an immediate impact on many business owners, especially those who depend on financial aid and contracts. When a government shutdown occurs, certain federal agencies close, which means fewer opportunities for contractors, small businesses, and sole proprietors. However, if you are aware of its potential effects on daily operations, you […] More

To ensure safety and improve the American people’s lives, the federal government maximizes its financial resources by working with businesses that can provide for their needs. These businesses are called government contractors.   Many businesses aim to be part of the federal contract to win some federal contract spending or government contracts. But the question […] More

Defense technology company QinetiQ Group is eyeing the U.S. and Australia as priority markets under the company’s acquisition strategy, Bloomberg reported Thursday. QinetiQ CEO Steve Wadey forecasts the two countries will cover approximately 70 percent of new business for the British contractor in the next five years, the report said. The U.K.-headquartered firm announced in […] More

In-Q-Tel, the intelligence community’s venture capital arm, has made an investment in Sandbox AQ to help the latter build encryption software that could resist the possibility of being decrypted by quantum computers and sensors, Bloomberg reported Monday. Bloomberg quoted Steve Bowsher, president of IQT, as saying the investor wants to help bring Sandbox’s product to […] More

Bitcoin, dogecoin, ethereum, binance, and all other cryptocurrencies are flooding the news feed these days, saying their value has increased. You may have only recently heard of cryptocurrency, but it has been in the market for a few years now. In the hope of speeding up the receipt of payments, paying employees, and making it […] More

Hoan Ton-That, CEO of New York-based Clearview AI, said he intends to focus on winning big contracts from U.S. federal agencies and expand the facial recognition company’s workforce in 2022, Reuters reported Tuesday. “We know that some of these agencies are seeing great success, but they are only at a small five-figure purchase or a […] More

Executive Mosaic is glad to introduce Bill Monet, president and CEO of Akima, as an inductee into the 2022 edition of the Wash100 Award for leading the company as its subsidiaries secured several government contracts and received certifications from standard-setting organizations. This represents Monet’s third consecutive Wash100 recognition. His previous award was presented to him […] More

Larry Gwaltney, CEO of Federal Resources, recently spoke with ExecutiveBiz for the publication’s latest Executive Spotlight interview to discuss the acquisition of the company by Noble as well as the merging with TSSi to benefit their collective customers with greater access to integrated systems, data analytics and more. In addition, Gwaltney also discussed the company’s […] More

Phebe Novakovic, chairman and CEO of General Dynamics and a 2021 Wash100 Award winner, said she sees strong U.S. defense spending amid the current administration’s focus on infrastructure, child care and other domestic programs, Bloomberg reported Thursday. “President Biden has been a longtime supporter of national security. So, this year’s budget for defense had a […] More