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Latest Federal & Government Contracting Companies' News Coverage
ANELLO Photonics, the developer of the Silicon Photonic Optical Gyroscope, or SiPhOG, closed its Series B funding round co-led by Lockheed Martin, Catapult Ventures and One Madison Group, and joined by various others, including Trousdale Ventures and Build Collective. In a press release Monday, Mario Paniccia, CEO and co-founder of ANELLO Photonics, said, “This investment […] More
CHAOS Industries, a provider of next-gen defense and critical industry technologies, raised $145 million in its Series B funding round to support the next growth phase and accelerate the development of sensor, detection and communications technology solutions to enhanced security of the U.S. and its allies. In a press release Wednesday, John Tenet, founder and […] More
Booz Allen Hamilton announced investing in Starfish Space, a satellite servicing company, through Booz Allen Ventures, its venture capital arm focused on early-stage technology. In a company press release Wednesday, Chris Bogdan, executive vice president at Booz Allen and head of the space business, said, “As dynamic space operations become increasingly critical to the Department […] More
Firefly Aerospace, a Texas-based end-to-end space transportation company, announced concluding its oversubscribed $175 million Series D funding round valued at $2 billion and led by RPM Ventures, an early-stage venture firm. In a press release Tuesday, Jason Kim, CEO of Firefly Aerospace, said, “Firefly is extremely grateful for our existing and new investors whose support […] More
Knexus, an artificial intelligence, machine learning and data science company, announced closing its growth equity funding round with Scare the Bear Capital, an investment firm that supports growing small businesses. In a press release last Thursday, Knexus CEO Adam Lurie, CEO of Knexus, said, “In 2023, we rolled out our Knexus 2.0 strategy, building on […] More
NVIDIA has appointed Ellen Ochoa, former director of NASA’s Johnson Space Center, to the board of directors. In a press release Thursday, Jensen Huang, founder and CEO of NVIDIA, said, “Ellen’s extraordinary experience speaks volumes about her role as a trailblazer and a leader. We look forward to her joining NVIDIA’s board on our continuing […] More
Private equity firm Sagewind Capital announced a majority investment in Sabel Systems Technology Solutions, a provider of research and development services to the Department of Defense and other agencies. In a press release Wednesday, Steven Lefkowitz, managing partner of Sagewind Capital, said, “Sabel is executing on critical digital transformation initiatives for its customers. These initiatives […] More
Battelle has announced that it has selected Aliza Ali, a seasoned executive in federal government contracting, to lead government business development for its health business. In a press release Tuesday, Greg Kimmel, general manager of Battelle’s health business unit, said, “We’re pleased Aliza has joined the Battelle team. She has developed a deep understanding of […] More
Hexagon US Federal, an independent subsidiary of Hexagon Corporation, announced the promotion of Chris Reichert to president and CEO. In a press release Monday, retired U.S. Army Lt. Gen. Michael Maples, chairman of Hexagon US Federal’s board of directors, said, “Chris has demonstrated exemplary leadership and a dedication to ensuring excellence for our customers and […] More
CACI International reported its first quarter results that showed a strong start to fiscal year 2025. The company said Wednesday that in the three months ending Sept. 30, 2024, total revenues rose 11.2% to $2.056 billion compared to Q1 fiscal 2024, while net income jumped 39.7% year-over-year to $120.2 million. Also, the professional and IT […] More
Science, technology and engineering company KBR announced its financial results for the 3rd quarter of fiscal year 2024. The company said Wednesday that the report highlights improved financial performance from a year ago and a strong booking momentum. Commenting on the results, Stuart Bradie, KBR’s president and CEO, said, “KBR’s exceptional team has once again […] More
LightRidge Solutions has named Nick Weiser as its new chief human resources officer, effective Oct. 7. Commenting on the appointment, Bill Gattle, CEO of LightRidge, said in a press release Tuesday, “Nick brings solid expertise and a broad background in numerous business areas, including space and air platforms, which aligns well with our portfolio. We […] More
