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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Synthetic air combat training company Red 6 has opened a new headquarters in Miami and a technology hub in Orlando to build its footprint in Florida and support its growth strategy. Being in Florida would enable Red 6 to benefit from a leading state in business friendliness, corporate openness and economic growth, Daniel Robinson, CEO […] More
Santa Monica, California-based Red 6 has raised $30 million in a round of Series A financing, giving the augmented reality technology firm a valuation of $130 million. Snowpoint Ventures led the funding round with a $25 million investment, while new and other existing investors contributed $5 million to the round, Red 6 said Tuesday. “This […] More
Lockheed Martin and Red 6 are forming a strategic joint venture and are entering a mentor-protege agreement under the U.S. Small Business Administration Mentor-Protege Program. The two companies said Wednesday that the agreement will help with innovation, joint ventures, bidding and the exploration of future investments. The agreement will also provide Lockheed with access to […] More
Red 6 will integrate its augmented reality training platform into the TF-50 jets that Lockheed Martin, Korea Aerospace Industries co-developed. The Airborne Tactical Augmented Reality System is intended to provide pilots and ground operators with new capabilities to spot and react to real-time, high-speed synthetic threat environments, Lockheed said Tuesday. Under the partnership, ATARS will be applied […] More
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