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Latest Federal & Government Contracting Companies' News Coverage
Second Front Systems has completed and raised $40 million from its Series B funding round, which was led by NEA and saw participation from current investors Moore Strategic Ventures and AE Industrial Partners HorizonX. The software company said the fresh funds will accelerate the delivery of mission-critical software solutions to the government.
The rocket support solutions subsidiary of Kratos Defense and ReLogic Research have formed Atreus Technologies, a Small Business Administration Mentor Protege Program joint venture. Kratos Defense said Wednesday that Atreus will provide leading-edge technology to customers in the defense and aerospace sectors and work to address the needs of warfighters.
Carahsoft Technology will make Resiliant's blockchain and artificial intelligence-powered digital identity and cybersecurity solutions available to the public sector as master government aggregator under a new partnership. Carahsoft said Tuesday that the products will be made available through its reseller partners and the NASA Solutions for Enterprise-Wide Procurement V, Information Technology Enterprise Solutions – Software 2, National Cooperative Purchasing Alliance and OMNIA Partners contracts.
Boeing has completed the research, development, test and evaluation phase for the MH-139A Grey Wolf. The aircraft manufacturer said Monday it will now transition to and concentrate on the production of the helicopters, with the delivery of the first low-rate production aircraft to the U.S. Air Force expected in mid-2024.
Intelsat delivered high-speed, uninterrupted satellite communications connectivity with its Multi-Orbit Tactical Terminal during a two-week field test with the U.S. Army. Intelsat said Thursday that the demo was part of the Army’s annual Network Modernization Experiment.
The Department of Homeland Security Immigration and Customs Enforcement recently awarded ICF a $32 million digital modernization task order under the Scalable Ways to Implement Flexible Tasks indefinite-delivery/indefinite-quantity contract. The global consulting and technology services provider said Thursday it will work to modernize ICE's homeland security investigations systems by building an enterprise-wide solution and other technologies using ServiceNow's low-code platform.
Lockheed Martin’s new $16.5 million engineering facility in Huntsville, Alabama, has officially opened. Lockheed said Tuesday that the Missile System Integration Lab will be used in the development and systems integration of the Next Generation Interceptor for the Missile Defense Agency.
Divergent Technologies has closed its Series D equity financing, totaling $230 million. Divergent said Monday that Hexagon AB invested $100 million and led the capital raising round, which included new and existing institutional and family office investors.
Federal IT solutions and services provider Concept Plus has received a growth investment from Blue Delta Capital Partners. Concept Plus said Wednesday that its “strategic growth evolution” will be supported by the venture capital firm's minority-ownership investment.
The Department of State has approved a possible foreign military sale of 36 AIM-120C-8 Advanced Medium Range Air-to-Air Missiles to the government of Lithuania. The transaction, which has a total estimated cost of $100 million, includes an AIM-120C-8 AMRAAM guidance section, common munitions built-in-test/reprogramming equipment, ADU-891/E adapter group computer test sets and AIM-120 spare control sections and containers, the Defense Security Cooperation Agency said Monday.
Air Force Global Strike Command innovation hub STRIKEWERX has selected 26 entities to aid the AFGSC Office of the Chief Scientist’s effort to research and develop technologies to defend mobile transport systems against swarming autonomous small unmanned aircraft systems. The finalists from 75 submissions for the Continental U.S. Mobile C-sUAS Swarm Defeat Challenge will have to pitch their solutions for countering small drones via a virtual showcase in November, STRIKEWERX said Thursday.
HawkEye 360 raised an additional $10 million in the second and final close of its Series D-1 funding round. The radio frequency data analytics company said Wednesday that investments from Lockheed Martin Ventures and company insiders brought the Series D-1 total to $68 million.
