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Latest Federal & Government Contracting Companies' News Coverage
Bluestone Investment Partners, a private equity firm focused on middle-market defense and government services companies, made a strategic investment in Valiant Solutions, a cybersecurity provider to federal agencies, and brought in government technology sector veterans George Wilson, a Wash100 awardee, and Tom Weston to drive the next growth phase. “We are thrilled to partner with […] More
ICEYE, an Earth observation company known for its synthetic aperture radar, or SAR, satellite operations, announced extending an earlier growth funding round and securing an additional $65 million from Solidium Oy-managed funds, BlackRock, Seraphim and other investors. In a Wednesday press release, Susan Repo, chief financial officer at ICEYE, said, “ICEYE has experienced unwavering momentum […] More
Artificial intelligence company Databricks is working to raise $10 billion in non-dilutive financing from its Series J funding round led by Thrive Capital, co-led by multiple organizations including Andreessen Horowitz and participated in by Ontario Teachers’ Pension Plan, plus a new investor group that includes ICONIQ Growth and Wellington Management. Databricks said Tuesday that it […] More
Archer Aviation announced forming a strategic partnership with Anduril Industries to jointly develop a hybrid-propulsion, vertical-take-off-and landing, or VTOL, aircraft and raising $430 million from an equity offering. In a press release Thursday, Adam Goldstein, founder and CEO of Archer, said, “The Archer team has deep expertise in the rapid design, engineering, and production of […] More
Lockheed Martin announced that its board of directors elected retired U.S. Navy Adm. John Aquilino, a former U.S. Indo-Pacific Command commander, as a member, effective Dec. 11. Jim Taiclet, chairman, president and CEO of Lockheed Martin, said in a press release Wednesday, “Admiral Aquilino’s service to the nation and extensive experience in complex, global operations, […] More
Ask Sage, the developer of a multi-modal generative artificial intelligence platform for government, the defense industrial base and commercial clients, completed its Series A funding round and raised $17 million from an investor group led by Sapphire Ventures, with the participation of Mucker Capital. In a press release Monday, Nicolas Chaillan, Ask Sage founder and […] More
QinetiQ US, a defense and national security company, has announced expanding into Huntsville, Alabama, to fulfill its commitment of delivering mission-led innovation to clients in the aerospace and defense sectors. In a company press release Monday, Shawn Purvis, president and CEO of QinetiQ US and a Wash100 awardee, said, “Our expansion into Huntsville marks a […] More
Intel announced the appointment of former ASML Holdings CEO Eric Meurice and Microchip Technology interim CEO Steve Sanghi to the semiconductor chip maker’s board of directors, who will serve as independent directors, effective immediately. In a company press release Thursday, Frank Yeary, interim executive chairman of the Intel board, said, “Eric and Steve are highly […] More
Safran Defense & Space Inc., a U.S. subsidiary of French aerospace and defense company Safran, has launched a strategic initiative to boost its support for America’s defense and space sectors. Joe Bogosian, president and CEO of Safran DSI, said in a press release Tuesday, “By leveraging Safran’s globally proven expertise and investing in U.S. engineering […] More
Anzu Partners, an investment firm focused on industrial and life sciences technology companies, and J.A. Green & Company, a full-service, bipartisan government relations firm, announced appointing James “Hondo” Geurts and retired U.S. Army Gen. John “Mike” Murray as venture partners for the Anzu-Green Critical Technologies Fund. In a press release Tuesday, Jeff Green, co-managing partner […] More
Engineering, procurement and construction services provider Fluor announced the retirement of long-time chief financial officer Joe Brennan, effective July 1, 2025, and the appointment of John Regan as its new CFO, effective March 1, 2025. In a press release Monday, David Constable, chairman and CEO of Fluor, said, “Joe has been instrumental in strengthening Fluor’s […] More
Slingshot Aerospace was awarded a $13.3 million contract by the National Oceanic and Atmospheric Administration’s Office of Space Commerce to build the website and user experience of the Traffic Coordination System for Space, or TraCSS. The space data analytics company said Tuesday the development of the TraCSS user interface is aimed at improving spaceflight safety […] More
