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Latest Federal & Government Contracting Companies' News Coverage

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in Investment Security, News, Technology

IBM Unveils Five-Year, $150B US Investment for Technology Advancement

IBM has announced plans to invest $150 billion in the United States over the next five years to accelerate its role as the global leader in computing. The planned investment includes $30 billion in research and development to advance and continue the manufacturing of mainframe and quantum computers in the U.S., IBM said Monday, noting […] More

by Kristen Smith April 29, 2025, 11:00 am
in Defense And Intelligence, Investment Security, News

Electra Secures $115M Funding for EL9 Aircraft Pre-Production, Certification

Electra can begin the pre-production and certification phase of its EL9 Ultra Short aircraft using the $115 million it raised in a Series B funding round led by Prysm Capital to fulfill more than 2,200 EL9 pre-orders valued at over $10 billion. The nine-passenger EL9 features hybrid-electric propulsion and capabilities for commercial and defense purposes, […] More

by Kristen Smith April 22, 2025, 9:27 am

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