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Latest Federal & Government Contracting Companies' News Coverage
Advanced Technology International has been awarded an other transaction agreement by the Naval Surface Warfare Center Crane Division. The public service non-profit company said Thursday that, under the OTA, it will serve as the manager for the Expeditionary Missions Consortium – Crane.
Dcode Capital, a J.P. Morgan Asset Management-backed company, announced a fourth investment from its inaugural fund in oneNav. Dcode Capital said Thursday that oneNav is the inventor of a Global Navigation Satellite System receiver that exclusively works with the L5 signal, an upgrade to legacy Global Positioning System signals that offers greater location accuracy while being harder to jam or spoof – qualities that suggest potential applications for the U.S. Department of Defense.
EnCharge AI closed its second institutional funding round – which saw participation from RTX Ventures, VentureTech Alliance and ACVC Partners – and secured $22.6 million in additional funds from strategic partners. EnCharge AI, which has raised $45 million to date, said Tuesday the funding round underscores the demand for new AI chips.
Gecko Robotics, a developer of software and robotic technologies that work to build and maintain physical assets, announced raising $100 million from the extension of its Series C funding round in addition to the $73 million it had already received. Gecko Robotics said Tuesday that part of the Series C extension involves the expansion of its corporate board with the addition of U.S. Innovative Technology Managing Director Gaetano Crupi and Founders Fund Partner Trae Stephens.
Intelsat held an investor day on Nov. 30 during which officials offered attendees a look at the company's finances. Intelsat CEO and seven-time Wash100 awardee David Wajsgras said during the event that his company is positioned to deliver $2.1 billion in revenue this year.
Second Front Systems has completed and raised $40 million from its Series B funding round, which was led by NEA and saw participation from current investors Moore Strategic Ventures and AE Industrial Partners HorizonX. The software company said the fresh funds will accelerate the delivery of mission-critical software solutions to the government.
The rocket support solutions subsidiary of Kratos Defense and ReLogic Research have formed Atreus Technologies, a Small Business Administration Mentor Protege Program joint venture. Kratos Defense said Wednesday that Atreus will provide leading-edge technology to customers in the defense and aerospace sectors and work to address the needs of warfighters.
Carahsoft Technology will make Resiliant's blockchain and artificial intelligence-powered digital identity and cybersecurity solutions available to the public sector as master government aggregator under a new partnership. Carahsoft said Tuesday that the products will be made available through its reseller partners and the NASA Solutions for Enterprise-Wide Procurement V, Information Technology Enterprise Solutions – Software 2, National Cooperative Purchasing Alliance and OMNIA Partners contracts.
Boeing has completed the research, development, test and evaluation phase for the MH-139A Grey Wolf. The aircraft manufacturer said Monday it will now transition to and concentrate on the production of the helicopters, with the delivery of the first low-rate production aircraft to the U.S. Air Force expected in mid-2024.
Intelsat delivered high-speed, uninterrupted satellite communications connectivity with its Multi-Orbit Tactical Terminal during a two-week field test with the U.S. Army. Intelsat said Thursday that the demo was part of the Army’s annual Network Modernization Experiment.
The Department of Homeland Security Immigration and Customs Enforcement recently awarded ICF a $32 million digital modernization task order under the Scalable Ways to Implement Flexible Tasks indefinite-delivery/indefinite-quantity contract. The global consulting and technology services provider said Thursday it will work to modernize ICE's homeland security investigations systems by building an enterprise-wide solution and other technologies using ServiceNow's low-code platform.
Lockheed Martin’s new $16.5 million engineering facility in Huntsville, Alabama, has officially opened. Lockheed said Tuesday that the Missile System Integration Lab will be used in the development and systems integration of the Next Generation Interceptor for the Missile Defense Agency.
