Companies
Shield AI touts $2.7B valuation after new capital raise
The defense technology startup completes a latter-stage, Series F funding round to support the further deployment of its artificial intelligence product line.
Companies
Tech, operational and manufacturing exec moves across the market
Also this week: a global commercial provider of data security products makes additions to its public sector leadership team.
Companies
Maxar Intelligence unveils its new leadership team
Maxar now operates in two separately managed business units with a new private equity owner in place.
Companies
How X-Bow plans to break the current rocket motor ‘duopoly’
The New Mexico-based startup aims to have its first production line up and running in a few months.
Companies
L3Harris gets deeper into the supply chain with Aerojet in its fold
L3Harris Technologies' acquisition of Aerojet Rocketdyne has given the company more visibility into stressed supply chains and vendor capacity issues facing the defense industrial base.
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Booz Allen views artificial intelligence and cyber as inherently linked
Artificial intelligence is the enabler of larger systems and it's cyber that protects them, so Booz Allen Hamilton tells investors to think of them as going together when considering the firm's strategy.
Companies
Global conflicts drive GovCon demand amid evolving capacity constraints
Investors want to know what the CEOs of publicly traded companies make of turbulence in the world and the industry's response to it. CACI International and Northrop Grumman answered those questions.
Companies
Growth and procurement leadership moves across the market
Also this week: a former Army chief of staff joins the board of directors at an emerging small unmanned aerial vehicle maker.
Companies
General Dynamics assumes 'new reality' of supply chains in its outlook
The company's IT hardware and product unit seems to assume that some fragility is now normal.
Companies
CAE finds buyer for healthcare business
This divestiture agreement takes place two years after CAE acquired a military training division from L3Harris Technologies.
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NIST plans new risk evaluation methods and standards tracking for AI
The associate director for emerging technology at the National Institute of Standards and Technology said the evaluations are designed to identify potential harms from AI systems before they are deployed.
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ManTech chair joins Bluestone Investment Partners
Kevin Phillips will work with the private equity firm to identify opportunities for investing in lower-middle market companies.
Companies
CGI Federal brings the metaverse to Marine logistics
The company sees this pilot project as having broad implications across areas like defense, law enforcement and disaster recovery.
Companies
HawkEye 360 adds Lockheed's venture arm as investor
The companies are also entering into a new partnership arrangement focused on advancing remote sensing and radio frequency technologies.
Companies
22nd Century Technologies acquires public safety software provider
This iteration of the government technology and management consulting company's strategy includes an emphasis on products.
Companies
Small businesses joining forces in AI play
MindPetal and VerticalApps aim to create a larger provider of artificial intelligence solutions across the government market.
Companies
Capella Space’s co-founder steps back from CEO role
Payam Banazadeh will remain on the satellite imagery provider's board of directors, while his successor brings a defense industry background as Capella seeks government market growth.
Companies
Cubic brings in new transportation business leader
This major hire takes place two years after the company was taken private.
Companies
Google centers public sector strategy on alliances with integrators
This global tech giant's relationships with Accenture's federal subsidiary and Deloitte help show how partnering strategies are evolving in the government market.
Companies