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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
Armaments Research Company has secured a five-year, $60 million contract from the Department of Defense and General Services Administration to further develop an artificial intelligence technology designed to detect weapons. Under the phase three of the Small Business Innovative Research program, the company will continue its AI-based weapon sensing project, which supports DOD’s Joint All-Domain […] More
The General Services Administration has added Iron Mountain‘s shredding services to the Schedule 36 governmentwide procurement vehicle for office, imaging and document offerings. The company said Wednesday federal customers can seek assistance to dispose of information under the 51-507 special item number for destruction services. “Agencies also have the flexibility to choose either onsite or offsite and one-time or recurring […] More
Raytheon has won a three-year, $59.6 million contract from the Missile Defense Agency to carry out a technology risk reduction effort for the Multi-Object Kill Vehicle platform. The Defense Department said Monday the contract is part of MDA’s strategy to boost performance and decrease risk for communications systems; high sensitivity multi-band sensor; survivable processor; KV divert and attitude control system; […] More
Janus Global Operations has destroyed or recovered more than 440,000 landmines and unexploded ordnance items the company found throughout conducted projects in multiple countries and conflict areas in 2016. JGO said Friday that it has swept approximately 36 square miles of landmine and unexploded ordnance last year on behalf of the U.S. government, foreign allies and the firm’s commercial […] More
A new report from Strategic Defence Intelligence has predicted that the worldwide market for military armored vehicles and related maintenance, repair and overhaul services will experience a 3.7 percent compound annual growth rate from 2016 to 2026. The “Global Military Armored Vehicles and MRO Market 2016-2026” report also forecasts the Asia Pacific region will lead the sector with a 26.8 percent market share […] More
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