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in Announcements, M&A Activity, News, Press Releases
Enlightenment Capital Backs Cryptic Vector With Strategic Investment
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
August 9, 2024, 11:32 am
in Announcements, Executive Moves, News
Vivace Names Luke Wright as Director of Operations, Announces Growth Capital Investment From Cerberus
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
August 7, 2024, 12:03 pm
in News
Muon Space Raises $57M in Series B Funding Round
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
August 6, 2024, 11:43 am
in Executive Moves, News
Latent AI Appoints James Cartwright as Strategic Adviser
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
August 1, 2024, 11:23 am
in Financial Reports, News
Leidos Reports Profitable Growth, Strong Cash Generation & $36.5B Backlog in Q2 2024; Thomas Bell Quoted
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
July 31, 2024, 11:35 am
in News
KBR Recognized as NASA Agency Large Business Prime Contractor of the Year; Byron Bright Quoted
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
July 30, 2024, 11:25 am
in News
Partnership With Government to Facilitate Construction of PsiQuantum Fault-Tolerant Quantum Computer in Chicago
PsiQuantum intends to build the first U.S.-based utility-scale, fault-tolerant quantum computer in the city of Chicago. The Palo Alto, California-based quantum computing company said the project is being undertaken under a partnership with the city’s government as well as that of Cook County and the state of Illinois. The agreement includes an incentive package worth […] More
July 26, 2024, 12:18 pm
in Contract Awards, News
LMI Secures Air Force Contract to Support Fire Emergency Services Training and Development; Jonathan Baba Quoted
LMI was selected by the U.S. Air Force Air Education and Training Command, 17th Training Group, 312th Training Squadron to support its mission of training and developing fire emergency services at the Department of Defense. In a press release Tuesday, Patrick Kirk, LMI vice president of the Navy & Air Force submarket, said, “It’s an […] More
July 24, 2024, 12:02 pm
in Contract Awards, News
ICF Receives Data Modernization Contract With FEMA
ICF announced securing a $17 million data modernization contract with the Federal Emergency Management Agency, through the Office of Policy and Program Analysis. In this new award, the global consulting and technology services provider said it will build a cloud-based data exchange platform to improve the efficiency and cost-effectiveness of FEMA’s disaster response and recovery […] More
July 23, 2024, 11:27 am
in Executive Moves, News
DCS Promotes Brian Samples to VP, Division Manager Roles
DCS Corporation, a provider of engineering, programmatic, and technical support services to the Department of Defense and other national security-focused customers, has appointed Brian Samples as vice president and manager of the ground vehicle integration & support division of the Army and Marine Corps sector. In a press release Thursday, Bill Protzman, president and chief operating officer […] More
July 19, 2024, 12:10 pm
in News
General Atomics Manufactures Nuclear Fuel Cladding Tubes Made of Silicon Carbide
General Atomics Electromagnetic Systems has manufactured the first batch of full-length silicon carbide composite tubes designed for pressurized water reactors, a significant milestone for its SiGA cladding technology. “This manufacturing demonstration of SiGA cladding at lengths of 12 feet is a notable milestone in our efforts to bring this innovative technology to market,” Scott Forney, […] More
July 18, 2024, 11:43 am
in Executive Moves, News
Radiance Technologies Hires Mark Tillman as Vice President for Simulation Strategy
Radiance Technologies announced that Mark Tillman, former senior defense intelligence analyst in the Defense Intelligence Agency’s Directorate for Analysis, will join the company as vice president for simulation strategy. In addition to having extensive experience in scientific and technical intelligence analysis, Tillman is highly knowledgeable in electronic warfare and modeling and simulation, Radiance Technologies said […] More
July 17, 2024, 11:58 am