The $25 billion provided for the U.S. Coast Guard in the One Big Beautiful Bill Act is the largest investment in the service’s history, Homeland Security Secretary Kristi Noem told a packed ballroom on Wednesday during her keynote address at the Potomac Officers Club’s 2025 Homeland Security Summit. Noem, who received two standing ovat...
A report by financial services company Raymond James reveals that 125 mergers and acquisitions took place in the defense and government market during the third quarter of 2025, a 30 percent increase from the same period the previous year. The November report was issued by Raymond James’ defense and government team, where Sam Maness, a...
J2 Ventures has closed its $250 million Brookhaven Fund, an oversubscribed early-stage investment vehicle focused on dual-use technologies critical to both U.S. national security and commercial markets. The Boston-based venture capital firm said the fund includes JP Morgan, MetLife, Upsher Management, Alpha Leonis Partners and the State Investment C...
BigBear.ai has agreed to acquire Ask Sage, a generative artificial intelligence platform designed for secure deployment of AI models and agentic systems across defense, national security and other highly regulated sectors, for approximately $250 million. In an earnings statement published Monday, BigBear.ai said it expects the transaction to c...
Obviant has secured a $99 million prototype award funded by the Defense Innovation Unit to modernize how the Department of War and other government organizations access and use defense acquisition, contracting and budgeting data. Under the contract, the technology company will provide DIU’s commercial team with an operating platform to consoli...
Safran Defense & Space Inc. has appointed Christopher Keeler, a space and defense industry leader, as president of its space solutions division. Safran DSI said Thursday Keeler will lead the company’s U.S. space business, including spacecraft propulsion systems, onboard communications, space domain awareness and ground systems. In th...
Potomac Officers Club, the D.C. region’s foremost GovCon events and media organization, will host its highly anticipated 2025 Homeland Security Summit this Wednesday, Nov. 12 — and tickets are almost gone. With the addition of Dr. Madhu Gottumukkala, acting director and deputy director of the Cybersecurity and Infrastructure Security Agency,...
The Department of Homeland Security expects to award a follow-on contract worth over $100 million to support the engineering, maintenance and technical needs of Immigration and Customs Enforcement’s tactical communications systems. According to a notice posted on the DHS Acquisition Planning Forecast System on Thursday, the anticipated award w...
By Chuck Brooks, president of Brooks Consulting International In today’s hyper-connected world, the systems and assets we take for granted—our power plants, water and wastewater systems, telecommunications networks, transportation systems, hospitals, financial institutions, food supply chains and the manufacturing base—are deeply interwove...
Bugcrowd has acquired Mayhem Security, a provider of artificial intelligence-enabled offensive security tools and services. Following the transaction’s completion, Bugcrowd said it will integrate Mayhem’s automation capabilities with its global hacker community to create an AI-powered, human-in-the-loop security testing platform. Financi...
