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Latest Federal & Government Contracting Companies' News Coverage
Textron has announced that its Textron Systems business will provide company-owned, company-operated, or COCO, services for unmanned aircraft systems to another three U.S. Navy littoral combat ships, also known as LCS, under a task order worth up to $47 million. The contract involves the company’s Aerosonde UAS that the Naval Air Systems Command earlier booked […] More
ANELLO Photonics, the developer of the Silicon Photonic Optical Gyroscope, or SiPhOG, closed its Series B funding round co-led by Lockheed Martin, Catapult Ventures and One Madison Group, and joined by various others, including Trousdale Ventures and Build Collective. In a press release Monday, Mario Paniccia, CEO and co-founder of ANELLO Photonics, said, “This investment […] More
The State Department has approved the U.K. government’s request to purchase 46 Tactical Combat Training System Increment II units under a $70 million foreign military sales agreement. The FMS package includes containers, testing support, spare parts, documentation, training, engineering, logistics services and related program support, the Defense Security Cooperation Agency said Monday. TCTS II delivers realistic […] More
Databricks has received Impact Level 5 Provisional Authorization from the Department of Defense for its artificial intelligence-based data intelligence platform. The designation enables the DOD, the agency’s mission partners and other federal agencies to use the platform to securely handle unclassified information, the data analytics company said Monday. Built on a lakehouse foundation, the Databricks Data […] More
Even in his early career in the telecommunications industry as an electrical engineer, Tom Afferton understood the importance of information assurance and network security. His telecommunications experiences gave him some exposure to the nascent years of cybersecurity. He was then involved in building more resilient communications networks after the September 11, 2001 attacks, which motivated […] More
Executive Mosaic’s GovCon Index closed at an average of $5,160.07 for the week after sustaining a significant 9.31% weekly loss. The index ended the period 1.78% lower than the previous record-setting week. GovCon Index allows site visitors to gain real-time insight into the stock market performance of 30 major government contracting organizations. The data it provides will […] More
Commercial space company Sierra Space is working with the Department of Energy’s Oak Ridge National Laboratory on the development of new exterior spacecraft tiles that work to protect such vehicles from high temperatures during Earth re-entry. Thermal Protection System Sierra Space said Thursday that the Thermal Protection System tiles it is working on in collaboration […] More
Federal Data Systems, the software-oriented component of FedData Group, has rebranded to Clear Fracture after a new set of investors acquired the company. The change represents an increased commitment to providing customers with data integration capabilities that will allow them to make informed decisions and accelerate their digital transformation initiatives, Clear Fracture said Thursday. According […] More
Tim Buckley, former chairman and CEO at The Vanguard Group, has been elected to the board of directors of Boeing. The global aerospace company said Friday Buckley will officially join the board on Jan. 1, 2025, and will serve on the finance and governance and public policy committees. Buckley, who was also recently elected to the board of […] More
Don McMaster, a seasoned business development leader, announced on LinkedIn on Saturday that had been appointed federal health account executive at American Systems. He will leverage his extensive experience in client and partner relationship management, personnel and operations management, government contracting and sales strategy in performing his role for the Chantilly, Virginia-based information technology and engineering services […] More
The U.S. Air Force’s Air Force Materiel Command is soliciting proposals for a consortium of organizations that would conduct research, development, testing and evaluation for the service branch’s Advanced Robotics and Automation for Manufacturing and Sustainment, or ARAMS, program. According to a notice posted on SAM.gov on Thursday, USAF expects to issue 1 award under […] More
The U.S. Navy has awarded Epsilon C5I, KBR Wyle Service, Toyon Research and Booz Allen Hamilton spots on the $89.8 million indefinite-delivery/indefinite-quantity multi-award contract to support the development of new intelligence, surveillance, reconnaissance and targeting, or ISR&T, systems. Under the contract, the companies will deliver research, development, testing and evaluation, technical assistance and systems engineering […] More
