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Latest Federal & Government Contracting Companies' News Coverage
JMA Wireless will spend over $75 million to expand and upgrade its 5G factory in Syracuse, New York, with about $44 million coming from federal funding under the CHIPS and Science Law. The investment will open a new production line for radio units that are compliant with the 5G open radio access network, or O-RAN, […] More
Artificial intelligence company C3 AI announced on Wednesday an enhanced partnership agreement with RTX business Collins Aerospace to provide AI-powered tools to the defense and intelligence sectors. Thomas Siebel, C3 AI’s CEO, said in a press release issued Wednesday that the expanded collaboration highlights the companies’ shared goal of supporting federal agencies’ AI capabilities for […] More
Technology company SandboxAQ has developed a performance dataset and artificial intelligence-based processes for advanced battery shelf-life testing to support the U.S. Army Combat Capabilities Development Command’s predictive maintenance. The Palo Alto, California-based company said the new tools are useful in the status assessment of lithium-ion batteries that power various Army applications, such as portable devices. It […] More
Software company Palantir Technologies and federal defense contractor Booz Allen Hamilton have created a partnership to accelerate the development of defense solutions to support U.S. dominance on the battlefield. According to a joint statement released by the two companies on Friday, their collaboration’s initial focus will be modernizing information infrastructure to improve U.S. forces’ interoperability […] More
ChatGPT developer OpenAI is venturing into the defense sector through a partnership with Anduril Industries that would integrate its artificial intelligence technology with Anduril’s counter-unmanned aircraft systems, or CUAS, and Lattice software network. The collaboration will seek ways to use AI models to improve situational awareness by synthesizing time-sensitive data rapidly with less human effort, […] More
Carnegie Robotics has launched a body-worn computing system called CardShark, which is designed to provide real-time artificial intelligence processing to warfighters in the field. Booz Allen Hamilton is among the defense industry operators that have already processed multiple AI workloads on CardShark, Carnegie Robotics said Tuesday. Randy Yamada, Booz Allen vice president, said the portable […] More
The Chief Digital and Artificial Intelligence Office has determined the engineering services and technology solutions of the Alexandria, Virginia-based company Modern Technology Solutions Inc. as “awardable” post-competition under the Department of Defense’s Tradewinds Solutions Marketplace. The company’s offerings to government customers are designed to deliver problem-solving capabilities in critical global missions, including missile defense, cybersecurity, […] More
Drone technology company Red Cat Holdings has promoted Geoffrey Hitchcock as its chief revenue officer from his former position as general manager of the company’s Teal Drones subsidiary. In his new role, Hitchcock will handle all of Red Cat Holdings’ revenue-generating activities focusing on strategic partnerships, market expansion and leadership in unmanned systems development, the […] More
BAE Systems has secured a potential $238.8 million contract to modernize, repair and maintain USS Green Bay, a San Antonio-class amphibious transport dock of the U.S. Navy’s 7th Fleet. The company’s San Diego Ship Repair unit in California will perform work on the vessel designated as LPD 20, the Department of Defense said Monday. With […] More
Raytheon, an RTX business unit, has received a $439 million contract modification from the U.S. Navy to produce Evolved Seasparrow Missile, or ESSM, Block II guided missiles for the service branch and foreign military sales to eight allied countries. Work on the firm-fixed-price contract, which exercises options for fiscal year 2025, is expected for completion by […] More
Lockheed Martin Ventures, Kindred Ventures and Y Combinator participated in the Series A funding round of Inversion Space, during which the space-based logistics startup raised $44 million. The investment round was co-led by Spark Capital and Adjacent and follows a seed round that raised $10 million, bringing to $54 million the total funding raised, Inversion […] More
Communications services provider Verizon Business will supply the U.S. Department of Agriculture with wireless connectivity and service-enabled devices under a new five-year contract valued at more than $21 million in the first year. The company’s work will support over 60,000 USDA lines of service across the United States, Verizon said Thursday. The contract also opens […] More
