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Latest Federal & Government Contracting Companies' News Coverage
General Atomics Electromagnetic Systems has manufactured the first batch of full-length silicon carbide composite tubes designed for pressurized water reactors, a significant milestone for its SiGA cladding technology. “This manufacturing demonstration of SiGA cladding at lengths of 12 feet is a notable milestone in our efforts to bring this innovative technology to market,” Scott Forney, […] More
Radiance Technologies announced that Mark Tillman, former senior defense intelligence analyst in the Defense Intelligence Agency’s Directorate for Analysis, will join the company as vice president for simulation strategy. In addition to having extensive experience in scientific and technical intelligence analysis, Tillman is highly knowledgeable in electronic warfare and modeling and simulation, Radiance Technologies said […] More
NorthStar Earth & Space announced securing funding from an investor group led by Telesystem Space, a joint venture between Telesystem and the Rogers Private Companies. NorthStar said Monday the shareholder financing will enable the acceleration of its product development activities, especially its patented space-based space situational awareness concept of operations, which works to locate, identify […] More
Special Aerospace Services has announced the appointment of Andy Crocker as vice president of business development. SAS said Thursday that Crocker’s work in the aerospace and defense industry spans 28 years. In addition to spearheading business development, he will drive SAS’ strategic projects, identify growth opportunities and foster partnerships. Heather Bulk, CEO of SAS, said, “We […] More
X-Bow Systems announced raising over $70 million at the close of its Series B funding round. Multi-stage venture capital firm Razor’s Edge was the lead investor with participation from Lockheed Martin Ventures, Boeing Ventures, Crosslink Capital and Balerion Space Ventures, X-Bow said Wednesday. Company CEO and founder Jason Hundley said, “X-Bow Systems has experienced significant […] More
Draper Laboratory announced the creation of the Draper Advanced Packaging Facility in St. Petersburg, Florida, which will enable faster designing and building of microelectronic components. Jerry Wohletz, president and CEO of Draper, said in a press release Tuesday, “In answering our customers’ call for secure, mission-unique microelectronics solutions, we’ve created an advanced packaging facility that […] More
Lockheed Martin announced securing a $4.6 million contract from the Defense Advanced Research Projects Agency to develop artificial intelligence tools. Lockheed said Monday that the award is part of DARPA’s Artificial Intelligence Reinforcements program, which aims to improve the speed and predictive performance of baseline Department of Defense system models to better reflect real-world performance […] More
Leonardo DRS has announced delivering the 1,000th DRS 2-color infrared detector package, a core component of the 2-Color Advanced Warning System, or 2CAWS, from BAE Systems, which works to defend U.S. Army helicopter crews from missile threats. “We are proud to have reached this important milestone and be partnered with BAE Systems to have developed […] More
Boeing announced the first delivery of the CH-47F Block II Chinook helicopter to the U.S. Army. The company said Monday it will deliver more as it updates up to 465 heavy lift helicopters in support of the Army’s aviation strategy and fleet modernization plan. Heather McBryan, vice president and program manager of cargo programs at […] More
Madison Dearborn Partners-affiliated funds have made a strategic investment in Omni Federal, a software development company with customers in the Department of Defense and the intelligence community. MDP said Thursday that following the investment, the management team at Omni will continue to lead the company and retain a significant ownership position. Commenting on the development, […] More
Austal Limited confirmed the retirement of its founder and inaugural chairman, John Rothwell. The Australian shipbuilder and defense prime contractor also announced Wednesday that former U.S. Secretary of the Navy Richard Spencer would be the new company chairman beginning July 1. He will also sit on the board of the company’s U.S. subsidiary. Rothwell said […] More
The Department of Energy has announced awarding the DOE Transportation Tracking and Communications System Technical Support Services contract to CCS-Ivory Cloud Joint Venture. The up to $15 million indefinite-delivery/indefinite-quantity contract will run from July 1, 2024, to June 30, 2029, and feature firm-fixed-price task orders, the DOE said Tuesday. The contract will primarily provide technical […] More
