Scale AI, a San Francisco, California-based company that aims to accelerate the development of artificial intelligence applications, has secured a $99.5 million contract from the U.S. Army for the procurement of research and development services. R&D Contract Details The Department of Defense said Thursday the Army Contracting Command at th...
The U.S. Army has awarded BFBC a potential $230.9 million contract to design and build new protective barrier fencing and access gate installations, and enhance roadways. Contract Scope The Department of Defense said Wednesday the Bozeman, Montana-based company will install perimeter fencing and carry out additional contracted work in San Luis,...
Cybersecurity company Forescout Technologies has promoted seasoned sales leader Rob Amezcua to chief revenue officer and hired marketing professional Joe Malenfant as vice president of product marketing. In a statement published Tuesday, Forescout CEO Barry Mainz said the leadership appointments will help the company’s customers stay ahead of ...
Golden Dome, President Donald Trump’s proposed U.S. missile defense system, could leverage AI services to boost the system’s autonomy and reduce the manpower required for the system’s operation, according to a news report. The U.S. Army is scouting for AI capabilities for Golden Dome as it is a large contributor to the air and miss...
Software developers who want to sell to the federal government better ensure they are meeting minimum cybersecurity standards, or else, a top federal official said Thursday at the Potomac Officers Club’s 2025 Cyber Summit. “I’m not going to buy anything that is not ‘Secure by Design,\'” said Bridget Bean, senior officia...
Shield AI has appointed Gary Steele, a seasoned technology executive, as the new CEO, succeeding co-founder Ryan Tseng who will now serve as president of the company. The defense technology company specializing in autonomy software and defense aircraft said Wednesday Steele will officially assume the role on May 13 and will also...
Following the sunsetting of Task Force Lima last year and coming on the heels of the AI Rapid Capabilities Cell is Thunderforge, the Department of Defense’s newest artificial intelligence endeavor. With the project, the Pentagon is looking to boost its planning, decision-making capabilities and operational protocol. And it has recruited a maj...
Space infrastructure provider Loft Orbital has raised $170 million in a round of Series C financing led by Tikehau Capital and Axial Partners. The San Francisco-based company said Tuesday it plans to use the capital to further support its operations, advance the launch of satellites for multiple constellations and grow its ecosystem of artificial in...
2024 has seen a number of significant mergers and acquisitions in the government contracting sector. With organizations seeking to expand their portfolios, increase competitive advantage and break into new markets, M&A activity has transformed the industry. From aerospace and defense to cybersecurity and technology innovation, these deals are re...
Private equity firm Sagewind Capital has invested in Aechelon Technology, which provides image generation software and real-time computer graphics systems for training, simulation and visualization for defense and commercial applications. Sagewind said Monday this marks its eighth platform investment in the government technology sector. Aechelon CEO...
