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Latest Federal & Government Contracting Companies' News Coverage
Summit Technology Group, a company engaged in cloud-based lending and grant platforms, made two major announcements in its efforts to drive the company to its next growth phase. STG said Monday it is introducing new artificial intelligence features to revolutionize its federal loans and grants platforms. In line with these new innovations, the company is launching […] More
CyberCore Technologies has appointed intelligence community executive Keith Moore as vice president of growth and business development. In a LinkedIn post published Monday, the Elkridge, Maryland-based information technology services company said Moore will oversee CyberCore’s business development, capture management and strategic growth initiatives. CyberCore CEO Jennifer Kauffman welcomed Moore’s addition to the leadership team. “Keith […] More
Concurrent Technologies Corp. has secured accreditation demonstrating that its calibration and testing laboratory complies with the international standard for mechanical testing of metals for various components, characteristics and parameters. The ISO/IEC 17025:2017 accreditation from Perry Johnson Laboratory Accreditation, effective from May 4, 2024, through July 2026, reflects the high standards upheld by the laboratory in […] More
Artificial intelligence and machine learning technology company Primer has appointed Matthew Macnak as senior vice president of customer solutions engineering. Macnak’s prior employers include software companies Instabase and DataRobot, aerospace and defense company Elbit Systems of America and Amazon Web Services, Primer said on LinkedIn. Before joining the defense industry, the newly-appointed Primer SVP had […] More
Telos has opened enrollment and renewal centers for the Transportation Security Administration PreCheck expedited airport screening service at eight new locations across the U.S. As part of its ongoing expansion, the company said Monday it added sites in California, Colorado, Florida, Illinois, Ohio, Oklahoma and Texas, with enrollment operations starting on Aug. 19. Earlier this month, […] More
The Department of State has approved a potential $264.6 million foreign military sales request from Canada to purchase AIM-9X Sidewinder Block II+ and Block II tactical missiles. The Defense Security Cooperation Agency said Friday RTX, a multinational aerospace and defense conglomerate based in Tucson, Arizona, will be the principal contractor. The proposed sale is intended to help […] 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
Istari Digital’s Flyer One, a modified version of Lockheed Martin Skunk Works’ X-56A, is on track to become the first digitally certified aircraft in the world. Will Roper, founder and CEO of Istari Digital and a Wash100 winner, said in a press release issued Monday that the X-plane recently passed a design review, a major […] More
Last week, Executive Mosaic’s GovCon Index rose by 2.36%, recovering from an earlier slip into negative territory. The week was shaped by steady gains, with five straight days of growth lifting the average to $5,342.51. GovCon Index is a tool that tracks and displays stock market data from 30 notable government contracting enterprises in real time. […] More
Hewlett Packard Enterprise has agreed to purchase Morpheus Data as part of efforts to deliver a comprehensive suite of capabilities and services across the hybrid cloud stack and expand its presence in the intelligent cloud operations market. HPE said Thursday it expects the transaction to conclude in the fourth quarter of its 2024 fiscal year […] More
Today, threats against the United States are characterized by the forces of great power competition, emerging technologies and evolving global conflicts. Both the Intelligence Community and Department of Defense are working to realign their priorities to address these challenges, and a shared goal of ensuring national security has tied these organizations together. Successfully coordinating activities […] More
KBR will provide research and development support to the Naval Research Laboratory’s space science instruments and experimental payloads under a cost-plus-fixed-fee contract with a potential total value of nearly $40 million if all options are exercised. Work on the contract, which has a base value of $7.6 million, will be done at the NRL’s headquarters […] More
