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Latest Federal & Government Contracting Companies' News Coverage
Invisible Technologies has secured $100 million in growth funding, raising its total capital to $144 million. The San Francisco-based AI software company said Tuesday the funding round, led by Vanara Capital, will be utilized in enhancing its core AI Software Platform to strengthen its capacity to help companies manage data and build automated workflows. The investment […] More
Advanced technology company Booz Allen Hamilton has expanded its collaboration with SEEQC, a company specializing in superconducting digital chips, to advance the development of quantum engineering technologies. Advancing Quantum Computing Booz Allen said Tuesday the two companies will work together to fast-track the rapid scaling of quantum computers and deliver advanced capabilities across the government, civil and commercial […] More
Salesforce has launched Missionforce, a new portfolio of products tailored to strengthen the company’s commitment to the national security sector. GovCloud CEO Kendall Collins, who announced the development on LinkedIn Tuesday, attended the Washington, D.C., launch of the new business unit with Salesforce CEO Marc Benioff. Utilizing AI to Enhance Agency Operations The new initiative will focus on […] More
Progress Software, a company offering artificial intelligence-powered digital experience and infrastructure software, has launched Progress Federal Solutions, a wholly owned subsidiary that aims to deliver AI-powered technologies to the federal, defense and public sectors. Progress Federal Solutions to Boost Digital Transformation The company said Monday the new subsidiary, announced during the Progress Data Platform Summit at […] More
PPT Solutions, a company specializing in systems and software engineering, has been awarded a five-year contract by the U.S. Army Contracting Command-Redstone Arsenal to deliver airworthiness support for the Apache and Special Operations Aircraft Division, or SOAD, programs. The Huntsville, Alabama-based small business said Monday it will spearhead a group of industry and academic partners tasked […] More
HII has signed a memorandum of understanding with Babcock International Group to combine the REMUS unmanned underwater vehicles and submarine Weapon Handling and Launch Systems, or WHLS. Advancing Unmanned Undersea Vehicle Capabilities HII said Thursday, the companies will work on integrating HII’s UUVs into Babcock’s WHLS to utilize submarine torpedo tubes for autonomous launch and recovery of […] More
Andrew Adams, a former Lockheed Martin executive, has joined Boeing as vice president and program manager of the T-7A Red Hawk and T-7 Advanced Trainer programs. Adams announced his appointment on LinkedIn Wednesday. “The T-7A Redhawk is a game changer when it comes to training future fighter & bomber pilots for the U.S. Air Force and air […] More
Boeing has announced the opening of the Boeing Engineering Center in the Cici & Hyatt Brown Center for Aerospace Technology at Embry‑Riddle Aeronautical University’s Research Park. New Facility to Advance Defense, Space Technology The global aerospace company said Wednesday the now operational 65,000-square-foot facility is dedicated to supporting Boeing Defense, Space & Security Air Dominance programs […] More
Oracle shares increased by 43 percent on Wednesday, marking the biggest single-day percentage jump since 1992 and positioning the company to join the trillion-dollar club, Reuters reported. If gains hold, Oracle’s market valuation is projected to climb by about $234 billion to potentially reach $913 billion, bringing the company within striking distance of the $1 trillion […] More
Maxar Intelligence is collaborating with defense technology company Anduril Industries to build a mixed-reality command-and-control, or C2, system for the U.S. Army under the Soldier-Borne Mission Command Architecture, or SBMC-A, program. Maxar said Tuesday it will provide geospatial intelligence to be integrated into Anduril’s artificial intelligence-powered Lattice software, which in turn serves as the foundation for […] More
SNC has accepted the second Bombardier Global 6500 aircraft that will be modified for the U.S. Army’s High Accuracy Detection and Exploitation System, or HADES, program. As the lead systems integrator, the aerospace and national security company said Tuesday it will convert the Army’s aerial intelligence, surveillance and reconnaissance, or ISR, jets into fully functional HADES […] More
Parsons has opened a new 27,000-square-foot facility at Redstone Gateway in Huntsville, Alabama, to strengthen its role in national security, space and missile systems. Boosting Development of Advanced Programs The company said Monday the new facility, situated just outside Redstone Arsenal’s Gate 9, is intended to enable integration with existing programs and fast-track the development, testing […] More
