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Latest Federal & Government Contracting Companies' News Coverage
Darkhive, a developer of uncrewed aircraft systems featuring a secure software delivery system, announced closing its Series A investment round and raising $21 million. Ten Eleven Ventures led the funding group, which included Crosslink Capital, RTX Ventures, and Stellar Ventures, Darkhive said Tuesday. John Goodson, co-founder and CEO of Darkhive, said, “The US and our […] More
Madison Dearborn Partners has completed a strategic investment in Harmonia Holdings, a technology solutions provider to federal agencies and commercial clients. In addition to the growth investment, former Madison executive partners, Damon Griggs and Jon Brooks, were named Harmonia CEO and chairman, and chief business and legal officer, respectively, Harmonia said Monday. In the same […] More
MORI Associates, a provider of IT and engineering offerings, announced the appointment of Gabe Garrett as senior vice president of the space and defense sector. Shanaz Amirjafari, founder and CEO of MORI Associates, said in a press release Tuesday, “We are thrilled to welcome Gabe Garrett to the MORI Associates leadership team. Gabe’s track record in spearheading […] More
Castellum, a cybersecurity, electronic warfare and software engineering services company catering to the federal government, announced the promotion of Andrew Merriman to chief operating officer from deputy COO effective Sept. 1. Drew succeeds Glen Ives, who was elevated to CEO in July, Castellum said Monday. Commenting on Merriman’s appointment, Ives said, “Drew is an exceptionally […] More
Vistra Communications and IT Data Solutions jointly announced combining their capabilities and forming ITDV Solutions, an 8(a) joint venture, with the aim of supporting federal agencies with customized IT solutions designed for the federal sector. In Thursday’s press release, Abel Herrera, CEO of IT Data Solutions, said, “The collaboration between Vistra and IT Data Solutions […] More
Defense technology company Parry Labs raised $80 million in growth capital from its first institutional investment round. Capitol Meridian Partners led the investor group, joined by True Ventures, 3Wire Partners and Teamworthy Ventures, Parry Labs said Wednesday. John Parkes, co-founder and CEO of Parry Labs, said, “The Parry team is leading the way defense customers can leverage digital engineering and […] More
Odyssey Systems Consulting Group announced a $162 million cost-plus-fixed-fee contract award by the Air Force Nuclear Weapons Center. The company said Tuesday that it will provide professional advisory and assistance services, or PAAS, to the Nuclear Command, Control and Communications, or NC3, Integration Directorate. Matt Kasberg, chief operating officer of Odyssey Systems, said, “Odyssey is […] More
Firefly Aerospace announced that its Blue Ghost lunar lander has arrived at NASA’s Jet Propulsion Laboratory for pre-launch environmental testing. The company said Monday that the spacecraft’s target launch date for the mission to moon is the fourth quarter of 2024. Peter Schumacher, Firefly Aerospace’s interim CEO, said, “Firefly is proud to follow in the […] More
Bluestone Investment Partners announced making a strategic investment in missile defense and space technology firm Qualis Corporation. In a press release Thursday, John Allen, managing partner at Bluestone Investment Partners, said, “We at Bluestone have great admiration for Qualis’ history of performance and innovation. We are honored to have the opportunity to partner with the […] More
Growth-stage venture capital firm Dcode Capital, with backing from J.P. Morgan Asset Management, has made an investment in Nucleus Security, the provider of an automated vulnerability management platform. Commenting on the investment, Nucleus Security co-founder and CEO Stephen Carter said in a press release issued Tuesday that his company is eager to continue its partnership […] More
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
