Processing....
Latest Federal & Government Contracting Companies' News Coverage
DEFCON AI, a defense startup building a next-gen modeling, simulation and analysis toolset for the modern military environment, announced raising $44 million in fresh funds from its seed round. Bessemer Venture Partners was the lead funder, with participation by Fifth Growth Fund and Red Cell Partners, among others, DEFCON AI said Tuesday. Yisroel Brumer, co-founder […] More
Austal USA held a ribbon-cutting ceremony for its expanded research center at the Austal USA Advanced Technologies facility in Charlottesville, Virginia. The company said Monday that it had increased the facility’s size by 10,000 square feet, allowing the research center to accommodate equipment for Industry 4.0 application development. Michelle Kruger, Austal USA president, said, “The […] More
York Space Systems announced the successful demonstration of the first-ever Link 16 network entry to a U.S. Navy ship from Tranche 0 satellites in low-Earth orbit in collaboration with the Space Development Agency. In a press release Thursday, Dirk Wallinger, CEO of York, said, “York’s ability to develop, deploy, and successfully demonstrate this advanced technology […] More
X-Bow Systems announced completing the preliminary design review for the Large Solid Rocket Motor, or LSRM, program on time and passing the PDR for its hypersonic booster contract. Mark Kaufman, co-founder of X-Bow Systems and concurrent LSRM executive vice president, said in a news release Tuesday, “It’s exciting to see the character of our motor […] More
Vertosoft, a public sector technology distributor, announced the launch of its Cloud Marketplace Accelerator Program, a co-sell alliance with Amazon Web Services that aims to streamline the process for independent software vendors to offer their wares on AWS Marketplace. In a press release Tuesday, Chet Hayes, Vertosoft’s chief technology officer, said, “We are thrilled to introduce the […] More
Leidos announced that Curtiss-Wright is now part of the Leidos Alliance Partner Network, or LAPN, as a Technology Partner. In a press release Monday, Doug Jones, senior vice president of defense systems at Leidos, said, “Curtiss-Wright’s expertise in developing advanced, highly engineered products and precision components, combined with Leidos’ innovative technological solutions, will significantly enhance our capabilities […] More
Enlightenment Capital, an investment firm focused on the aerospace, defense, government and technology sector, announced a strategic investment in Cryptic Vector, which provides offensive cyber, electronic warfare and radio frequency communications offerings for the intelligence community and the Department of Defense. Devin Talbott, founder and managing partner of Enlightenment Capital, said in a press release Thursday, […] More
Vivace International Corporation, a developer of propulsion tanks for customers across spaceflight, hypersonic and launch vehicle markets, has appointed Luke Wright as director of operations. Vivace said Tuesday that Wright previously worked for industrial conglomerate Textron, where he served as a senior engineering and operating executive. Wright brings to his new role at Vivace nearly […] More
Muon Space, a designer, builder and operator of low Earth orbit satellite constellations, announced raising $56.7 million from its Series B funding round, which saw participation from new funders Activate Capital and Acme Capital, along with existing investors Costanoa Ventures, Radical Ventures and Congruent Ventures. Muon Space said Monday that the fresh funds will accelerate […] More
Latent AI, an expediter of edge AI offerings for national security, has added James Cartwright, a retired U.S. Marine Corps general, as a strategic adviser to its board. The company said Wednesday, the former vice chairman of the Joint Chiefs of Staff retired from active duty in Sept. 2011 after 40 years of service. He […] More
Leidos released its second quarter of 2024 financial results. In the three months ended June 28, revenue grew 7.7% to $4.13 billion compared to Q2 fiscal 2023, while net income rose 54.3% year-over-year to $324 million. The company said Tuesday its total backlog of $36.5 billion is 6.8% higher than a year ago. Thomas Bell, […] More
KBR was chosen as NASA’s Agency-Level Large Business Prime Contractor of the Year. The space agency’s Office of Small Business Programs presented the award in recognition of the company’s efforts in developing and implementing innovative practices to support NASA’s small business program. In a statement published Monday, Byron Bright, president of KBR Government Solutions U.S. […] More
