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Latest Federal & Government Contracting Companies' News Coverage
Microsoft and Akamai Technologies will work with venture capital firm Jerusalem Venture Partners to construct an accelerator in Israel that will focus on helping startup cybersecurity firms in the country. Participants will receive professional sessions and active mentoring from JVP, who will invest in $1 million in one of the cybersecurity startups at the program’s end, Microsoft said Tuesday. “Tech […] More
Raytheon is partnering with Rafael Advanced Defense Systems and other Israeli companies to provide the Mideast country’s defense ministry with antimissile weapon systems, The Boston Globe reported Thursday. Bryan Bender reports that following the development of the Iron Dome defense system, Raytheon is again in talks to build up to 15 additional batteries for the system against long-range missiles. He writes […] More
Microsoft has opened a cybersecurity accelerator hub in Israel in a move to mentor startup businesses in the country, the Washington Post reported Thursday. Mohana Ravindranath writes Microsoft Ventures has partnered with Jerusalem Venture Partners to establish the new cybersecurity program at Microsoft’s center in Herzeliya, Israel. Microsoft will provide mentorship and software access to between […] More
Elbit Systems will maintain and operate simulators for Israel’s defense ministry under a five-year, $23 million contract. The contract covers work on fixed and mobile ground simulators used by the country’s army, Elbit said Wednesday. Israel uses the simulators to train forces on using armored combat vehicles, tanks and on carrying out other types of military […] More
Lockheed Martin and IBM have moved to invest in cyber research facilities in Israel, Homeland Security Today reported Wednesday. The new CyberSpark complex located in Beer-Sheva, Israel, will house cyber incubators, academic researchers, educational centers and government agencies, according to the report. Those organizations will work to develop cybersecurity infrastructures such as a physical space and […] More
Lockheed Martin and EMC have partnered to invest $1 million to work with Israeli industry, government and academic institutions in bringing technology development opportunities to market, Reuters reported Sunday. Steven Scheer writes both companies will contract external parties such as Ben-Gurion University for cloud, data analytics and cyber technologies projects. “Our goal is to foster […] More
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