Category: News

Pentagon. The War Department will invest approximately $10 billion in materiel production in support of the defense industry.DOD

Pentagon to Invest $10B in Defense Industry

DOW will invest about $10 billion in materiel production More than 30 announcements span three investment categories Attend the Potomac
Neros logo. The Army has awarded Neros a $500 million IDIQ contract for Archer first-person-view attritable drones.Contract Awards

Neros Awarded $500M Army IDIQ for Archer Attritable Drones

The IDIQ covers Archer FPV drones plus support equipment, testing and training Neros builds its drones without Chinese parts and
Art Boghozian. The defense business development executive has joined Tyto Athene as business development VP for DOW.DOD

Tyto Athene Names Art Boghozian Business Development VP for DOW

Tyto Athene has tapped Art Boghozian to lead DOW-related business development efforts Boghozian will drive growth across the armed forces
Lockheed Martin logo. The U.S. Special Operations Command has awarded Lockheed Martin the SOF GLSS II contract.Contract Awards

Lockheed Martin Secures $10.5B USSOCOM Logistics Support Contract

USSOCOM has tapped Lockheed Martin for up to $10.53 billion logistics deal spanning 12 years The award covers global sustainment
Salim Omar. The new permanent chief financial officer at Peraton was serving on an acting capacity.Executive Moves

Peraton Names Salim Omar as CFO

Salim Omar has moved from acting to permanent chief financial officer of Peraton Omar served financial leadership roles in companies,
U.S. Space Force seal. The Space Force has issued a draft RFP and RFI for the NSSL EPPM payload processing effort.Acquisition & Procurement

Space Force Issues Draft RFP, RFI for NSSL Enterprise Payload Processing Management Effort

The Space Force has issued a draft solicitation for its payload processing management effort Comments are due Aug. 6, ahead
Shawn Tyrie. The Agile Defense CRO discussed the OTA providing the company's Workforce AI tool to NORAD and USNORTHCOM.Artificial Intelligence

Agile Defense Lands $100M OTA to Deliver Workforce AI Tool for NORAD, USNORTHCOM

Agile Defense will provide its Workforce AI tool to support NORAD and USNORTHCOM The company will build the prototype of
Victor Peng. PsiQuantum’s interim CEO has assumed the role of permanent chief executive as part of a string of appointments.Executive Moves

Victor Peng Named PsiQuantum CEO in Series of Appointments

PsiQuantum has promoted Victor Peng to permanent CEO Technology executives Rob Soderbery and Sriram Sitaraman have joined the leadership team
Spectro Cloud logo. Spectro Cloud has raised more than $100 million in a Goldman Sachs-led Series D.Artificial Intelligence

Goldman Sachs Leads $100M Round for AI Infrastructure Firm Spectro Cloud

Goldman Sachs Alternatives’ growth equity arm led the round, with AMD Ventures, Ericsson, LG Technology Ventures and Maximus participating The
Frederick Roegge. The retired U.S. Navy vice admiral joined HII Mission Technologies as VP of nuclear and environment.Executive Moves

HII Names Retired Navy Vice Adm. Frederick ‘Fritz’ Roegge Nuclear Operations VP

 HII’s Mission Technologies has chosen retired U.S. Navy Vice Adm. Frederick Roegge to be vice president of operations for its