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Latest Federal & Government Contracting Companies' News Coverage
Software company Palantir Technologies and federal defense contractor Booz Allen Hamilton have created a partnership to accelerate the development of defense solutions to support U.S. dominance on the battlefield. According to a joint statement released by the two companies on Friday, their collaboration’s initial focus will be modernizing information infrastructure to improve U.S. forces’ interoperability […] More
ChatGPT developer OpenAI is venturing into the defense sector through a partnership with Anduril Industries that would integrate its artificial intelligence technology with Anduril’s counter-unmanned aircraft systems, or CUAS, and Lattice software network. The collaboration will seek ways to use AI models to improve situational awareness by synthesizing time-sensitive data rapidly with less human effort, […] More
Carnegie Robotics has launched a body-worn computing system called CardShark, which is designed to provide real-time artificial intelligence processing to warfighters in the field. Booz Allen Hamilton is among the defense industry operators that have already processed multiple AI workloads on CardShark, Carnegie Robotics said Tuesday. Randy Yamada, Booz Allen vice president, said the portable […] More
The Chief Digital and Artificial Intelligence Office has determined the engineering services and technology solutions of the Alexandria, Virginia-based company Modern Technology Solutions Inc. as “awardable” post-competition under the Department of Defense’s Tradewinds Solutions Marketplace. The company’s offerings to government customers are designed to deliver problem-solving capabilities in critical global missions, including missile defense, cybersecurity, […] More
Drone technology company Red Cat Holdings has promoted Geoffrey Hitchcock as its chief revenue officer from his former position as general manager of the company’s Teal Drones subsidiary. In his new role, Hitchcock will handle all of Red Cat Holdings’ revenue-generating activities focusing on strategic partnerships, market expansion and leadership in unmanned systems development, the […] More
BAE Systems has secured a potential $238.8 million contract to modernize, repair and maintain USS Green Bay, a San Antonio-class amphibious transport dock of the U.S. Navy’s 7th Fleet. The company’s San Diego Ship Repair unit in California will perform work on the vessel designated as LPD 20, the Department of Defense said Monday. With […] More
Raytheon, an RTX business unit, has received a $439 million contract modification from the U.S. Navy to produce Evolved Seasparrow Missile, or ESSM, Block II guided missiles for the service branch and foreign military sales to eight allied countries. Work on the firm-fixed-price contract, which exercises options for fiscal year 2025, is expected for completion by […] More
Lockheed Martin Ventures, Kindred Ventures and Y Combinator participated in the Series A funding round of Inversion Space, during which the space-based logistics startup raised $44 million. The investment round was co-led by Spark Capital and Adjacent and follows a seed round that raised $10 million, bringing to $54 million the total funding raised, Inversion […] More
Communications services provider Verizon Business will supply the U.S. Department of Agriculture with wireless connectivity and service-enabled devices under a new five-year contract valued at more than $21 million in the first year. The company’s work will support over 60,000 USDA lines of service across the United States, Verizon said Thursday. The contract also opens […] More
Drone technology company Red Cat announced Tuesday that it had been selected by the U.S. Army as the winner of the Short Range Reconnaissance program of record. The contract award features a five-year period of performance and calls for the production of 5,880 next-generation small unmanned aircraft systems developed by Teal, a wholly-owned subsidiary of […] More
Kepler Communications is seeking Federal Communications Commission approval of the consolidation of its satellite network plan to enable an update of the company’s optical data infrastructure. Under the revision, the Kepler constellation will be composed of 10 satellites scheduled for launch in the fourth quarter of 2025, plus two pathfinder satellites and six radio frequency […] More
Textron has announced that its Textron Systems business will provide company-owned, company-operated, or COCO, services for unmanned aircraft systems to another three U.S. Navy littoral combat ships, also known as LCS, under a task order worth up to $47 million. The contract involves the company’s Aerosonde UAS that the Naval Air Systems Command earlier booked […] More
