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Latest Federal & Government Contracting Companies' News Coverage
NASA launched the first deep space spacecraft built by Maxar Technologies' space systems business from the Kennedy Space Center in Cape Canaveral on Friday, Oct. 13. Maxar Space Systems created the spacecraft chassis based on the Maxar 1300 series bus.
Booz Allen Hamilton says it is more determined to lead in deploying artificial intelligence for the federal government. The management and technology consulting firm announced on Wednesday new insights from its AI portfolio and the new stack of AI capabilities that can help accelerate the ability to achieve critical mission success.
GM Defense, a General Motors subsidiary, and Anduril Industries announced a teaming agreement, establishing a framework to collaborate on defense program capture activities. The team will focus on delivering autonomy solutions, battery electrification and other new propulsion technologies.
L3Harris Technologies has signed a multi-year strategic agreement with Creation Technologies to support critical defense and aerospace programs. The agreement involves streamlining manufacturing and design processes with the aim of improving the capability of the defense industrial supply base, L3Harris said Monday.
The venture arm of Lockheed Martin has made an investment in goTenna, which is currently undergoing its series 1 fundraiser. The mesh networking technology developer said Friday it will use the new funding to provide the U.S. government with improved capabilities, including those for situational awareness and connectivity.
AI company Vayu Robotics announced the closing of its seed financing round of $12.7 million led by Khosla Ventures, with participation from the investment arm of Lockheed Martin, ReMY Investors and others. Vayu said the funding round will enable the scaling of product development for AI robotics across markets.
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.
