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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Raytheon Technologies, now known as RTX following a rebranding effort, will move about 4,700 positions and work related to Joint All-Domain Command and Control to Collins Aerospace, effective July 1, as part of a business realignment initiative, C4ISRNET reported Monday. In January, the defense and aerospace contractor announced plans to restructure its four businesses into […] More
Kratos Defense & Security Solutions has partnered with venture-backed artificial intelligence technology developer Shield AI to make an unmanned aircraft system operate autonomously and bring the integrated offering to defense customers. The partnership seeks to incorporate an AI pilot into the XQ-58 Valkyrie, a combat drone Kratos is currently manufacturing for the U.S. military, Shield […] More
Kaus Phaltankar, co-founder and CEO of Caveonix, said the lack of sensitivity towards data privacy and desensitization to the exploitation of personal data are some of the reasons why many consumers have become indifferent to the importance of safeguarding personal data.  Phaltankar wrote in an article published Friday on Intelligent CISO that social media companies […] More
Ensco is exhibiting its human presence detection system offering at the 2023 Corrections Technology Association Summit, a four-day event that kicked off June 18 in Fort Myers, Florida. The engineering and technology company said Friday its MicroSearch system employs contactless vehicle sensors intended to boost safety for inspectors when detecting humans hidden in vehicles or shipping […] More
Artificial intelligence-driven scams could defraud up to $100 billion from older adults in the next 18 months unless action is taken to educate such victims about the risks of the technology, Haywood Talcove, CEO of the government group at LexisNexis Risk Solutions told MarketWatch. He warned that romance scams, ransomware and fake government agency notifications […] More
Tony Frazier, executive vice president and general manager for public sector Earth intelligence at Maxar Technologies, said smaller companies could collaborate with prime contractors to better navigate the Department of Defense’s acquisition process, Defense One reported Friday. Frazier, a six-time Wash100 awardee, added that prime contractors could show smaller companies “how we can get after […] More
Trust Lab has raised $15 million through a Series A funding round led by venture capital financing firms U.S. Venture Partners and Foundation Capital. The investment will enable the company to bolster its artificial intelligence-powered tools for monitoring and identifying harmful internet content, the web security platform developer said Thursday.  Tom Siegel, co-founder and CEO […] More
Leidos subsidiary Dynetics completed on Saturday its first test launch of a hypersonic test bed from Rocket Lab‘s launch complex at a spaceport within NASA’s Wallops Flight Facility in Virginia. The inaugural launch was conducted as part of the Multi-Service Advanced Capability Hypersonic Test Bed program awarded by Naval Surface Warfare Center Crane under the […] More
Arconic will ramp up the production of high purity aluminum at its facility in Davenport, Iowa, under a $45.5 million contract from the Department of Defense’s Office for the Assistant Secretary of Defense for Industrial Base Policy. The funding will be used to design and install a new furnace and implement new control and automation […] More
The U.S. Navy has ordered a fifth towing, salvage and rescue vessel from Austal’s U.S. subsidiary by exercising a $71.8 million contract option under the Navajo-class shipbuilding program. Austal USA expects to commence T-ATS 15 construction work in the first half of calendar year 2024 and aims to deliver the ship to the service branch […] More
Anduril Industries has partnered with precision components maker Hadrian in a move to accelerate autonomous system production through the latter’s automated manufacturing approach. Hadrian, which uses a software-based approach to build parts for aerospace and defense systems, has two factories located in Hawthorne and Torrance, California, Anduril said Thursday. Matt Grimm, co-founder and chief operating […] More
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