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Lockheed Martin (NYSE: LMT) has secured a $240M contract to help the Missile Defense Agency update the foundational simulation approach for the country's Ballistic Missile Defense System. The company said Wednesday it will lead an industry team to sustain the readiness of BMDS to counter evolving threats as part of the Modeling and Simulatio...

Investment firm The Acacia Group has acquired Intelligent Decisions and split the Ashburn, Virginia-based federal information technology contractor into two independent companies as part of its strategy to seek growth opportunities in the federal market. One of the two companies – ID Technologies – will focus on products and combine tech...

True Anomaly has secured $650 million in a Series D funding round co-led by Eclipse and Riot Ventures to accelerate the development and deployment of space capabilities. Fresh off a Series D funding raise, True Anomaly’s push to scale space superiority capabilities comes as industry and government leaders prepare to tackle the same priorities ...

NASA’s Johnson Space Center is planning to increase the cumulative value of the Commercial Lunar Payload Services, or CLPS, contract from $2.6 billion to $4.2 billion. The space agency said in a SAM.gov notice Monday that it intends to issue a sole-source contract modification to ensure the continuity of all services supporting its missions. A...

KBR’s mission technology solutions business has secured a recompete contract valued at up to $200 million to utilize artificial intelligence and modernize the nation’s transportation networks. Federal civilian agencies, such as the DOT, are increasing spending on AI and other advanced capabilities to enhance operational efficiency and support th...

The Department of War is prioritizing a four-pillar digital transformation strategy for decision dominance, DOW CIO and Wash100 awardee Kirsten Davies said during her 2026 Digital Transformation Summit keynote. These four pillars, including an enduring digital foundation, will help the Pentagon deliver agile capabilities from the center to the edge....

L3Harris Technologies has finalized a $1 billion investment from the Department of War in its Missile Solutions, or MSL, business, the company said Thursday. How Will L3Harris Use the Funding? The capital will support the expansion and modernization of solid rocket motor production facilities in Camden, Arkansas; Huntsville, Alabama; Orange, Vi...

Space Systems Command has awarded up to $3.2 billion in other transaction authority agreements to support the development of a space-based missile defense capability under the Space Force’s Space-Based Interceptor program.  Don’t miss the Potomac Officers Club’s 2026 Air and Space Summit on July 30 to hear top officials and in...

OMNI has appointed Eric Grein as vice president of corporate development and strategy. In his new role, Grein will lead corporate development and growth strategies to scale capabilities and integrate advanced technologies, including modern software and data platforms, in support of national security missions. Who Is Eric Grein? Grein bring...

Iron Bow Technologies has secured a firm-fixed-price contract valued at $100 million from the U.S. Air Force to provide software modernization support services. Air Force Vice Chief of Staff John Lamontagne is among the defense leaders who will take the stage at the Potomac Officers Club’s 2026 Air and Space Summit on July 30 to...