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Latest Federal & Government Contracting Companies' News Coverage
Q-CTRL announced raising $59 million in fresh capital from its expanded Series B funding round. The Sydney, Australia-based quantum technology company said Tuesday it has raised $113 million in the investment round, which will be used for quantum control research and development and product engineering. GP Bullhound led the investor group. Michael Biercuk, founder and […] More
Xcelerate Solutions has secured a spot on the Defense Logistics Agency’s J6 Enterprise Technology Services 2.0 indefinite-delivery/indefinite-quantity contract vehicle valued at $11.9 billion. JETS 2.0 aims to deliver a range of software, hardware, applications, infrastructure and systems to support the agency’s IT projects, the company said Tuesday. Under the IDIQ, Xcelerate Solutions will provide technical […] More
Secure collaboration platform developer Mattermost has named Bill Anderson as principal product manager who will lead the company’s innovations in advanced technologies, such as artificial intelligence and quantum cryptography. Anderson, former CIS Secure president, is expected to bring in new partnerships with the Department of Defense and the intelligence community, Mattermost said Tuesday. Ian Tien, […] More
Simulations and modeling technologies like digital twins are becoming evermore vital across the government and commercial landscapes. Today, digital twins, real-time 3D simulations and artificial intelligence are converging to support homeland security missions, and use cases for these technologies are on the rise. At the Potomac Officers Club’s 2024 Homeland Security Summit on Nov. 13, you […] More
Raytheon, an RTX business, completed a series of tests at the Naval Surface Warfare Center Carderock Division to evaluate the capabilities of the Barracuda Mine Neutralization System as part of the U.S. Navy’s mine neutralization program. RTX said Monday a production representative test unit of the Barracuda went through controlled environmental tests to demonstrate its ability to […] More
Honeywell has unveiled a plan to spin off its advanced materials business into an independent U.S. publicly traded company. The planned spin-off will look to progress Honeywell’s strategic goals of accelerating organic growth, evolving its Accelerator operating system and broadening its portfolio, the technology company announced Tuesday. Vimal Kapur, chairman and CEO of Honeywell, said, “Given the […] More
Lockheed Martin has deployed to its U.S. workforce the Lockheed Martin Text Navigator, a generative artificial intelligence platform. Lockheed said Tuesday that the platform was developed by the company’s AI Factory in collaboration with the 1LMX business and digital transformation program. Also referred to as LMText Navigator, the platform is powered by the NVIDIA DGX […] More
Fearless and North Stone have formed a joint venture, called Northern Sky, focused on delivering advanced technology platforms designed to help customers in defense, intelligence, civilian government agencies and health care sectors meet their technology needs and advance critical missions. Fearless said Tuesday Northern Sky will support government agency clients across several areas, including digital […] More
Booz Allen Hamilton is set to hold ribbon-cutting ceremonies this month for its new flagship engineering facility in Lorton, Virginia, and a maritime technology facility in Bremerton, Washington. In a statement Tuesday, Judi Dotson, Booz Allen’s global defense business president and a Wash100 awardee, said “With these new facilities, Booz Allen is expanding our ability to […] More
Dragos has announced the creation of Dragos Public Sector, a subsidiary designed to deliver operational technology cybersecurity offerings to U.S. federal agencies and other government entities. The subsidiary will offer products that enhance visibility into federal OT environments; help public sector organizations prioritize and mitigate cyber risks; and improve the government’s ability to detect, respond […] More
Vultron raised $4.85 million in seed funding from Craft Ventures and Long Journey Ventures to further advance its strategic business growth objectives. The investment injection will deliver enhanced solutions to the public sector, enabling contractors to optimize resources for delivering better contract performance and workforce development, Vultron said Wednesday. Ahead of the funding round, which […] More
Carahsoft Technology has partnered with OneMeta to act as a master government aggregator, promoting OneMeta’s artificial intelligence-based translation and communication products to the public sector. In a statement Tuesday, Carahsoft Sales Director Michael Adams highlighted the importance of the partnership, saying, “Partnering with OneMeta is a significant step forward in providing Government agencies with innovative and effective tools […] More
