Category: News

AI Tech Firm C3.ai Raises $651M on First NYSE Trading DayNews

AI Tech Firm C3.ai Raises $651M on First NYSE Trading Day

Artificial intelligence software developer C3.ai (NYSE: AI) netted $651M from an initial public offering Wednesday and its shares rose 120.2…
USAF Opens Solicitation for $953M Air Base Defense ContractNews

USAF Opens Solicitation for $953M Air Base Defense Contract

The U.S. Air Force seeks to procure equipment and services needed to protect air bases within U.S. Africa Command and…
Baird Hosts 2020 Government & Defense Conference Featuring John Song, Jean StackNews

Baird Hosts 2020 Government & Defense Conference Featuring John Song, Jean Stack

Baird hosted its 2020 Government & Defense Conference on Thursday, a full day virtual event featuring a wide variety of…
Raytheon Technologies Books $99M SOCOM Aircraft Mission Processor Supply ContractContract Awards

Raytheon Technologies Books $99M SOCOM Aircraft Mission Processor Supply Contract

Raytheon Technologies (NYSE: RTX) has secured a potential seven-year, $99M contract to build special mission processors for the U.S. Special…
Biden to Nominate Denis McDonough as VA SecretaryExecutive Moves

Biden to Nominate Denis McDonough as VA Secretary

Joe Biden intends to nominate Denis McDonough, Barack Obama’s former chief of staff, to be secretary at the Department of…
CCP Capital Strategies Buys Government Tech Provider EIS; David Collier QuotedM&A Activity

CCP Capital Strategies Buys Government Tech Provider EIS; David Collier Quoted

Investment firm CCP Capital Strategies has acquired technology company Executive Information Systems for an undisclosed sum. Washington, D.C.-based EIS has…
Newly Registered CMMC RPO Specializing in Microsoft 365 and Azure Government ComplianceNews

Newly Registered CMMC RPO Specializing in Microsoft 365 and Azure Government Compliance

The Cybersecurity Maturity Model Certification (CMMC) Accreditation Body (CMMC-AB) reviewed and confirmed several U.S. cybersecurity and regulatory compliance consultant organizations
Report: Army to Release Bradley Replacement Design Solicitation by Year’s EndNews

Report: Army to Release Bradley Replacement Design Solicitation by Year’s End

The U.S. Army plans to issue a final request for proposals for the Optionally Manned Fighting Vehicle program’s concept design…
Boeing-Bell JV Gets $170M Contract Modification for Navy Tiltrotor Production, Configuration RequirementsContract Awards

Boeing-Bell JV Gets $170M Contract Modification for Navy Tiltrotor Production, Configuration Requirements

A joint venture between Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell subsidiary will manufacture and deliver one CMV-22B Osprey…
Army Orders Additional L3Harris Falcon IV Handheld; Dana Mehnert QuotedContract Awards

Army Orders Additional L3Harris Falcon IV Handheld; Dana Mehnert Quoted

L3Harris Technologies (NYSE: LHX) has won a $57M order to supply more two-channel handheld radios to the U.S. Army as…