Each year, the federal government allocates substantial funding toward defense and security contracts. Government agencies, such as the Department of Defense and the US Armed Forces, tap into the expertise of multiple companies dedicated to developing and providing cutting-edge solutions for defense and warfare initiatives across various domains, su...
Richard Bonnett, vice president of engineering at Kratos Defense & Security Solutions, has been promoted to chief technology officer within the company’s unmanned systems business, according to a LinkedIn post published Wednesday. He joined the California-based national security and communications technology maker in 2018 after a 21-year c...
McLean, Virginia-based Xcelerate Solutions has expanded its leadership team with the appointment of Tim Conway as a member of the board, Anne-Marie Evans as chief financial officer and Michael Heller as vice president of human resources. Conway, a two-time Wash100 awardee, will bring to Xcelerate’s board his federal contracting industry experience...
Nonprofit organization Silicon Valley Defense Group has named In-Q-Tel, the intelligence community’s venture capital arm, as the most active investor in top defense and national security startups. IQT has invested in 34 companies included in SVDG’s inaugural list of top 100 defense and dual-use technology startups backed by venture capital firms...
A General Atomics affiliate has secured an $82.6 million contract to continue into the next phase of a Defense Advanced Research Projects Agency-backed program seeking an unmanned system designed to employ multiple air-to-air weapons. DARPA is obligating $24.5 million in fiscal 2023 research and development funds at the time of LongShot Phase III aw...
The State Department has approved a potential $5.6 billion foreign military sale of F-35 aircraft, munitions and related equipment to the government of the Czech Republic. The foreign buyer requested to purchase 24 units of the F-35 conventional take-off and landing variant, along with engines, advanced medium-range air-to-air missiles, captive air ...
The federal government allocates substantial financial services amounting to millions and even billions of dollars to procure a diverse range of services encompassing defense, weaponry, healthcare, cybersecurity, space missions, and more. Federal agencies enter into contracts with private companies that offer these specialized services to accomplish...
The State Department has approved the government of Poland’s request to purchase a configuration of the Patriot missile system equipped with Integrated Air and Missile Defense Battle Command System and related equipment under a potential $15 billion foreign military sales agreement. The deal covers the provision of the IBCS-enabled Patriot sur...
An affiliate of private equity firm Lone Star Funds has completed its acquisition of ship repair services provider Titan Acquisition Holdings from global investment firm Carlyle (Nasdaq: CG) and Stellex Capital Management. The transaction was first announced in February. Titan is the parent company of three ship repair and marine fabrication service...
Bill Edmunds, vice president of national intelligence at Science Applications International Corp. (NYSE: SAIC), has been elevated to a senior VP position. The industry veteran will lead a business unit that serves the national intelligence community and will report to Michael LaRouche, president of SAIC’s national security and space sector, th...
