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Latest Federal & Government Contracting Companies' News Coverage
Advanced IT Concepts has entered into a strategic partnership with FVLCRUM, a private equity firm with extensive experience working with government contractors. AITC, which provides defense and federal agencies with technology solutions, said Friday that FVLCRUM's investment will help bring about the company's continued growth.
NASA announced on Sept. 29 that it had selected SpaceX to launch the Tandem Reconnection and Cusp Electrodynamics Reconnaissance Satellites mission. The pair of small satellites will study space weather and how the sun’s energy affects Earth’s magnetosphere, the space agency said. The TRACERS launch task order was awarded to SpaceX under the Venture-Class Acquisition of […] More
General Dynamics’ information technology business announced the opening of the GDIT Emerge Innovation Center at the company’s headquarters in Falls Church, Virginia. GDIT said Thursday that the center is the latest investment in its expansion of research and development and technology labs nationwide to support government missions. “Our customers’ needs have evolved, and they require […] More
Domino Data Lab and Carahsoft Technology will partner to provide safe and cost-effective advancement in federal artificial intelligence capabilities. As Master Government Aggregator in the partnership, Carahsoft said Wednesday that it will make Domino's enterprise AI platform available to the public sector through reseller partners and various government vehicles, including NASA's Solutions for Enterprise-Wide Procurement V contract.
Sierra Space raised $290 million in equity during its Series B funding, increasing its total investment to $1.7 billion. A Japanese consortium led the private capital infusion that elevated the commercial space company’s valuation to $5.3 billion. MUFG, Japan’s largest bank, along with Kanematsu and Tokio Marine & Nichido Fire Insurance, formed the lead investor group in the latest funding round, Sierra Space said.
The Department of the Air Force and the Defense Innovation Unit have partnered to deploy electric vehicle charging as a service solutions. According to DIU, the joint EV CaaS project operationalizes DAF's Climate Action Plan as well as Executive Orders 14008 and 14057. The CaaS solutions deployment will be at six U.S. Air Force installations.
