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Latest Federal & Government Contracting Companies' News Coverage
MemComputing has received a contract to develop a technology that would help the U.S. Space Force and Air force process satellite imagery for airborne target tracking. The company said Thursday it will perform this work for Air Force Research Laboratory's Space Vehicles Directorate as part of a Small Business Innovation Research Phase II contract from AFWERX.
Lockheed Martin's Sikorsky subsidiary has received a $94.3 million contract modification from the U.S. Army to produce six additional Black Hawk helicopters intended for medical evacuation use. The branch exercised an option under a previously awarded contract to procure lot 45 HH-60M choppers, the Department of Defense said Thursday.
CACI International has received a four-year, $11.2 million contract to help the Defense Advanced Research Projects Agency develop technologies to enable secure radio communications. CACI will provide research and development support for DARPA’s Wideband Secure and Protected Emitter and Receiver program as part of the completion contract, the Department of Defense said Thursday.
WidePoint has received task orders worth approximately $86 million combined to help the Department of Homeland Security deliver wireless cellular services across its components. WidePoint said Wednesday the task orders come as part of the potential $500 million Cellular Wireless Managed Services 2.0Â indefinite-delivery/indefinite-quantity contract that the company secured in November 2020.
ABL Space Systems has raised $170 million in a round of Series B financing led by accounts and funds advised by global investment management firm T. Rowe Price Associates. Existing investors, Fidelity Management and Research and an unnamed global investment management firm participated in the new funding round that values ABL at $1.3 billion.
AeroVironment has received a $20.9 million contract option to provide data link and avionics technology packages to update radio frequency elements of the U.S. Army’s Raven unmanned aerial systems. AeroVironment said Thursday the contract action serves as the second option year of the potential $55 million flight control systems area of the Army’s five-year Small Unmanned Aircraft Systems award.
Will Roper, former assistant secretary for acquisition, technology and logistics at the U.S. Air Force and a three-time Wash100 winner, has been named to Vita Inclinata's board of directors. Caleb Carr, president and CEO of Vita Inclinata, said in a statement published Thursday Roper will work with the company as it works to provide military branches and civilian markets with military-grade safety offerings.
The U.S. Navy has received its first Tomahawk Block V missile from Raytheon Technologies' missiles and defense business. Tomahawk missiles are GPS-enabled weapons designed to defeat targets at a distance of 1,000 miles, the company said Thursday.
A Houston-based space exploration learning center has received more than $2 million from Boeing since 1992 as part of the company's investment in educational programs to promote the science, technology, engineering and math fields to young people. Space Center Houston initiatives have drawn at least 250,000 educators and students worldwide each year, Boeing said Thursday.
Mike Cosgrave, president and COO of Ace Info Solutions (AceInfo), recently spoke with ExecutiveBiz regarding the company’s work diversifying its client base and market position following Dovel’s acquisition of the company back in 2019. In addition, Cosgrave addresses the toughest challenges facing the company’s culture and customer base as well as the company’s success in securing big contract awards and AceInfo’s strategic goals for the rest of 2021 and beyond.Â
A fleet of military production tiltrotor aircraft made by Textron subsidiary Bell Textron and Boeing has flown over 600,000 hours while providing warfighters support to maintain their mission readiness and provide transportation for cargo and personnel. The Bell Boeing V-22 Osprey aircraft’s range, speed, maneuverability and logistical capability provide warfighters with versatile and cost-effective service, Bell said Wednesday.
General Atomics' aeronautical systems business has recorded more than 1 million flight hours for its Gray Eagle unmanned aerial system since the aircraft's first deployment with the U.S. Army in March 2004. The Gray Eagle platform hit the milestone during March 16 flight operations conducted by the military service, the company said Wednesday.
