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Latest Federal & Government Contracting Companies' News Coverage
Discussions are in progress for a new investment into Anduril Industries that could result in the defense sector startup being valued at $14 billion in total, including previous funding, Bloomberg reported Thursday. Unnamed sources have revealed that Anduril seeks to raise $1.5 billion in the funding round, which is set to be co-led by Founders […] More
Business consulting company Guidehouse has announced that it will serve as master servicer and custodian under the first-ever multiparty securitization of the unguaranteed portion of Small Business Administration 7(a) loans. Commenting on her organization’s role in the transaction, Jessica Stallmeyer, Guidehouse partner and financial services segment leader, said in a statement issued Wednesday, “[We] are […] More
Boeing initially planned to reacquire Spirit AeroSystems in an all-cash transaction but made a last-minute move by proposing to fund its purchase of the aircraft parts manufacturer using mostly company stock, The Wall Street Journal reported Monday. According to people familiar with the negotiation, the two parties discussed a deal in which Boeing would acquire […] More
The Department of Energy has announced awarding the DOE Transportation Tracking and Communications System Technical Support Services contract to CCS-Ivory Cloud Joint Venture. The up to $15 million indefinite-delivery/indefinite-quantity contract will run from July 1, 2024, to June 30, 2029, and feature firm-fixed-price task orders, the DOE said Tuesday. The contract will primarily provide technical […] More
Federal agencies will need a new kind of chief technology officer to resolve the conflict between an increasing reliance on advanced technologies to deliver exceptional digital experiences and the large environmental footprint accompanying their use, according to Steve Orrin, CTO at Intel Federal. To achieve this goal, this new kind of CTO, dubbed the “Sustainable […] More
Riverside Research Institute will provide the Defense Innovation Unit with engineering and technical support services under a $26.2 million hybrid firm-fixed-price, time-and-materials contract from Washington Headquarters Services. The contract work includes project management, commercial and defense engagement, due diligence and analytical support for the DIU’s portfolios, sister organizations and functional teams throughout the entirety of […] More
“…we’ve long held the view that protecting our nation’s innovation is both a law enforcement priority and a top national security priority.” — FBI Director Christopher Wray A recent story in The Guardian exposed a research collaboration resulting in dangerous drone technology between researchers in the United States, United Kingdom and Australia with an Iranian university known […] More
The Defense Health Agency is seeking industry feedback on the performance work statement and other elements of an upcoming solicitation for strategic adviser support services meant to benefit Program Executive Office Medical Systems/J-6 Chief Information Officer, which provides the agency with advice on all matters related to Military Health Systems IT. The services required under […] More
General Motors‘ defense business arm has partnered with the University of Texas at Arlington Pulsed Power and Energy Laboratory and Naval Surface Warfare Center Philadelphia Division to assess commercial automotive batteries for potential military applications. Under the Evaluation of Electric Vehicle Batteries to Enable Directed Energy project, GM Defense will provide a commercial electric vehicle […] More
Groundswell has implemented Workday‘s cloud-based enterprise resource planning service for a U.S. federal agency with a global workforce and international mission. Deploying the Workday Government Cloud platform replaces an outdated on-premises personnel database, allowing decentralized decision-making as it enables thousands of staff members to access and manage their data independently, Groundswell said Tuesday. Groundswell collaborated with CrossVue […] More
Carahsoft Technology will distribute the end-to-end and open-source artificial intelligence platform of software developer ClearML to the public sector under a partnership agreement. In a statement Tuesday, Michael Adams, sales director at Carahsoft, said, “ClearML’s AI Platform streamlines [machine learning operations] and [large language model operations] processes, facilitating rapid development and secure deployments.” ClearML platform’s enterprise version can […] More
IBM and NASA’s Interagency Implementation and Advanced Concepts Team have developed a set of large language models designed to improve scientific research by providing researchers with improved access to large volumes of specialized knowledge and enabling them to extract relevant information from diverse data sources. NASA said Tuesday the INDUS suite of LLMs contains encoder […] More
