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Latest Federal & Government Contracting Companies' News Coverage
Edgewater Federal Solutions has announced that Shaun Poulton will be its next chief technology officer and head the company’s technology innovation organization. Edgewater said Monday that in his new position, Poulton will work to drive growth and identify and deliver IT solutions to customers.
Enlightenment Capital, a government market investment firm, announced investing in Summit Technology Group, a key federal software partner, though the terms and amount of the investment were undisclosed. Devin Talbott, founder and managing partner of Enlightenment, said in a statement Thursday that STG will serve as the foundation for Enlightenment’s government and regulatory software solutions platform.
OROS Labs, the creator of Solarcore insulation, has announced raising $22 million at the close of its Series B funding round, which was led by Airbus Ventures. The thermal product developer said Wednesday that the fresh funds will support its expansion in consumer, commercial and government industries.
Helicity Space, a developer of fusion power for in-space propulsion and power technology, has announced securing an investment from Lockheed Martin Ventures, Lockheed Martin’s venture capital wing. This second funding round is a follow up to the initial round in December participated by institutional investors.
Parry Labs has announced the appointment of Mark Blanco as its chief growth officer. In this new role, Blanco will work to steer long-term strategy, lead strategic opportunities and foster strong customer relationships, Parry Labs said Monday.
C3 AI has announced an enhanced partnership agreement with Paradyme to hasten the delivery of artificial intelligence offerings to the U.S. intelligence community. The enterprise AI application software company said Thursday it started working with the technology solutions provider in 2021 and that they have delivered AI-powered applications to federal agencies since.
Saab has announced plans to build a new munitions facility in the U.S. The Swedish defense and security company said Tuesday it is growing its footprint in America and the new facility could boost munitions production capacity and strengthen its global supply chain.
The Aerospace Corporation moved its corporate headquarters to the Washington, D.C., area effective March 21. The location in Chantilly, Virginia, is closer to key customers and stakeholders, Aerospace said Thursday. There is also a plan to invest $100 million in its former HQ at the El Segundo campus in California.
Firestorm Labs, a maker of modular unmanned aerial vehicles and an expeditionary additive manufacturing cell, raised $12.5 million from its latest funding activity. Lockheed Martin Ventures and other active defense investors provided the seed investment capital, Firestorm said Thursday.
BAE Systems was awarded an indefinite-delivery/indefinite-quantity contract not exceeding $182 million by the National Geospatial-Intelligence Agency. The aerospace company said Wednesday that under the contract, it will provide advanced geospatial intelligence enterprise modeling services collectively referred to as GEM Cutter.
Iridium Communications has hired John McNiff as vice president and general manager of the company's Space Development Agency business, bringing to the role over three decades of professional experience. The appointment went into effect on Feb. 5, the satellite communications company said Monday.
DCS has relocated its corporate office from Lexington Park, Maryland, to a new location in California, Maryland. The company said Thursday that the move sought to promote efficiency and improve support for customers at Naval Air Station Patuxent River.
