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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Boeing’s Insitu subsidiary has extended its licensing agreement with intelligence, surveillance and reconnaissance company Vigilance to continue deploying the latter’s ISR training system to operators worldwide. Insitu said Wednesday the companies signed the agreement in 2019 to integrate Vigilance's software with Insitu’s Catalina and TacitView full-motion video platforms to develop courseware unique to Insitu’s architecture.

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Isotropic Systems has raised over $40 million in a round of funding led by telecommunications company SES and will use the capital to further develop its multibeam antenna. Boeing’s HorizonX Global Ventures, Firmament Ventures, Space Angels, Promus Ventures’ Orbital Ventures fund and the U.K. government’s Future Fund participated in the funding round.

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PAE has appointed Cristal Rice as the vice president of its Readiness & Sustainment group. Rice is an aerospace industry executive with that has deep experience in team leadership and business development. “Cristal has a demonstrated track record for leading high-performing teams and standing up new business development organizations,” said PAE president and CEO, and 2020 Wash100 Award recipient, John Heller. 

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The Department of Defense has tapped Raytheon to help test an artificial intelligence tool designed to predict when U.S. Air Force’s CV-22 Osprey tiltrotors will need repair, FlightGlobal reported Wednesday. “From an artificial intelligence perspective ... the game is changing really quickly,” said Todd Probert, vice president of Raytheon's intelligence, information and services business.

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Local CEO Matthew Desch took over Iridium, based in McLean, Va., 12 years ago and helped the company recover from a troubled past to become the powerhouse that it is today. Under Desch’s leadership, Iridium averaged nine percent growth during the past decade and is operating in a category all its own. The company has […] More
Omega Aerial Refueling Services intends to purchase new aircraft and take out from storage its Boeing-built KC-707 and KDC-10 tankers as the U.S. Air Force looks to industry for additional tanker services, FlightGlobal reported Thursday. “We are very much interested in bringing our expertise to that problem, and expect to go ahead and either bid or […] More
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