ExecutiveBiz News on Video 9/26/2022

The Department of Homeland Security has awarded software development company Palantir Technologies a five-year, $95.9 million contract for the installation and sustainment of a program to help log criminal case data. The new award is an extension of a prior contract for the same services; through the contract, the Investigative Case Management platform will continue aiding […]

Seacorp has received a five-year, $79 million contract from the Office of Naval Research to create a battle management system to help enhance the U.S. Navy’s combat capabilities within the electromagnetic spectrum. The company said Thursday it will work with subcontractors on the design, development and integration of the Electromagnetic Maneuver Warfare Modular Suite as an […]

The Small Business Administration has awarded $7.2 million in grants to 38 organizations under a program that seeks to support nonprofit organizations that help low-income entrepreneurs secure funding to expand their small businesses. SBA said Friday the Program for Investment in Micro-Entrepreneurs or PRIME is a competitive grant effort that enables these organizations to offer […]

The Defense Innovation Unit and Air Force Special Operations Command have selected two companies to develop prototypes of a process for the Department of Defense to assess and evaluate commercial technology offerings. Second Front Systems and Dark Wolf Solutions were downselected to participate in the Proving Grounds pathfinder effort after a group of DOD reviewed […]

A Raytheon Technologies subsidiary has received a five-year, $11.9 million contract from the U.S. Air Force to develop a globally linked Ising machine platform with superconducting electronics components. Raytheon BBN will build and integrate analog and digital control hardware, create an application programming interface and map “algorithms for specific non-deterministic polynomial time hard problems to […]

The Defense Advanced Research Projects Agency has selected BAE Systems‘ FAST Labs innovation unit for the development of a filter technology in an effort to protect military radio frequency and microwave systems against electronic interference and jamming. BAE said Thursday it will work on the Compact Front-end Filters at the Element-level program to mitigate radio […]

Rapidflight, an end-to-end designer and manufacturer of unmanned aircraft systems, will invest $5.5 million to build its operations in Manassas, Virginia. The company said Friday it will establish its headquarters as well as design and production facility in the city, taking up 25,000 square feet of space and creating 119 new jobs. Rapidflight Founder and […]

AeroVironment will deliver the Switchblade 300 tactical missile systems to the U.S. Army’s Tactical Aviation and Ground Munition division under a $20.6 million contract.  The Army Contracting Command, Redstone Arsenal, will be managing the contract, with the tactical missile system set for delivery by July 2023, the Arlington, Virginia-headquartered company said Thursday.  AeroVironment’s Switchblade 300 […]

General Atomics‘ aeronautical systems business has launched a center that will apply 3D printing processes to design and fabricate unmanned aircraft system components. The newly established center of excellence will incorporate additive manufacturing applications, tooling and flight hardware into UAS production efforts, the company said Wednesday. General Atomics Aeronautical Systems Inc. estimates saving more than $2 million on […]

The Defense Advanced Research Projects Agency will work with the government business arm of digital asset data analytics company Inca Digital to explore potential national security risks posed by cryptocurrency. Under a phase II Small Business Innovation Research contract, DARPA and Inca Digital Federal will analyze activity related to financial applications of distributed ledgers through […]