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Latest Federal & Government Contracting Companies' News Coverage
Raytheon plans to open a Cyber Innovation Center in the U.K. as part of a push to grow its global cyber research, development and test footprint and expand its investment in the country. Raytheon said Tuesday the center will operate as a hub for research, development and innovation work and house more than 100 professionals in the cyber field. Richard Daniel, CEO of Raytheon UK, […] More
SAP‘s Australian business plans to invest $150 million over a five-year period in the future SAP Institute of Digital Government and a new data center in Canberra, Inside SAP reported Monday. Freya Purnell reports that the data center will offer SAP HANA Enterprise Cloud services to support citizen services and cloud-first policies at Australian federal government agencies. The SAP Institute of […] More
Venture capital deals and funding for the smart grid industry reached $142 million in value third quarter of 2014, almost double the amount of investments from the previous three months, market intelligence from Mercom Capital Group says. The report identified Savant Systems of New York as the top VC-funded company, which raised $90 million for its home automation portfolio in Q3 2014, followed by big […] More
Ron Bouganim, a technology entrepreneur, has put forward an initial investment of $23 million into a venture fund as he seeks to help the federal government update its technology infrastructure, the Washington Post reported Monday. Nancy Scola writes the Govtech Fund seeks to invest in companies that have the potential to land technology-related contracts with the federal government. The venture […] More
Hong Kong-based Deep Knowledge Ventures has invested in space development firm Transplanetary to help develop the Space Program Ontologically Computed Knowledge program to guide DKV through its investment decisions in the space sector. Deep Knowledge Ventures said Wednesday SPOCK is a machine learning program that uses publicly-available data on the global space ecosystem from commercial, government and academic space organizations. DKV will analyze data to draw a road […] More
Rockwell Collins‘ subsidiary in Brazil will expand its aircraft service center in Sao Jose dos Campos to support the company’s entry into new markets in the region, said Managing Director Nelson Aquino. “This expansion will bring new engineering and service capabilities to our customers in the region and will enable Rockwell Collins do Brazil to pursue and capture more […] More
In-Q-Tel has invested an undisclosed amount in technology startup Newlans to help the latter company further develop radio frequency modules for wireless communication devices. “The Newlans approach represents a step forward in analog signal processing technology,†Megan Anderson, vice president of IQT’s field deployable technologies practice, said Thursday. Anderson added the company sees Newlans-designed tunable […] More
Businesses should strategically think through cloud technology options before making an investment, Kevin King, director of corporate communications at Verizon Enterprise, wrote in a Wednesday blog post. King says that enterprise resource planning applications for financial and supply chain management account for a large percentage of cloud deployments and such investing behavior will likely to continue going […] More
IBM has unveiled a five-year, $3 billion investment to develop nanoscale chip technology as the company aims to improve the performance of cloud computing and big data systems. A team of IBM researchers will aim to scale silicon chips to 7 nanometers or below as well as research carbon nanoelectronics, silicon photonics and other semiconductor materials that […] More
Teledyne Technologies has signed a strategic investment and partnership deal with autonomous marine system company Ocean Aero in a move to bolster Teledyne’s unmanned offerings. San Diego-based Ocean Aero has designed a vehicle that is intended to operate in surface and underwater domains as well as support defense, scientific and energy projects, Teledyne said Wednesday. […] More
In-Q-Tel has invested and signed an agreement with Vorbeck Materials on the development of the latter company’s graphene technology for applications in the intelligence community and commercial electronics industry. “This collaboration will speed the adoption of graphene-based technologies, leading to robust and versatile consumer electronics products,” John Lettow, Vorbeck Materials president, said Monday. According to Vorbeck, the agreement is geared toward further development […] More
Northrop Grumman plans to expand its Melbourne, Fla.-based manned aircraft design center with a new series of investments. The company wants to grow its Melbourne facility by 220,000 square feet and open 300 additional jobs, Northrop said Thursday. “This expansion further cements our strong partnership with Florida, and will greatly benefit our employees, customers and shareholders,†[…] More
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