Dallas-based private equity firm Trive Capital has acquired Hypergiant Industries, an artificial intelligence-based software provider, for an undisclosed sum as part of efforts to complement its portfolio company Forward Slope. Hypergiant CEO Mike Betzer will continue to oversee the AI defense platform company, according to a joint release published...
By Eric Trexler, Senior Vice President of U.S. Public Sector at Palo Alto Networks Today’s zero trust conversation has matured since it was originally popularized in 2010 by John Kindervag, one of the world’s foremost cybersecurity experts and a Palo Alto Networks alum. Although the urgency and capabilities for zero trust have exploded in t...
Poland has requested to purchase 96 AH-64E Apache Helicopters and related equipment from the U.S. government under a potential $12 billion foreign military sale deal cleared by the State Department. Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will serve as principal contractors on the proposed transaction that would include aircraft engines, n...
Michael Howard, a retired U.S. Army lieutenant general, assumed the chief executive role at Warrior Focused Solutions on Aug. 4. In this capacity, he will oversee the delivery of training services and assist in facilitating the Crucible Training Experience to enable U.S. warfighters to address security threats and meet the evolving global security l...
The U.S. intelligence community is self-evidently one of the most secretive, secure aspects of the federal government, charged with collecting, processing and acting upon highly sensitive information. Thus, IC officials have to be extremely careful about how they evolve their information technology infrastructure and rigorously vet any new tools the...
BAE Systems has agreed to acquire Ball’s (NYSE: BALL) aerospace business for approximately $5.55 billion as part of efforts to accelerate the British defense contractor’s space market strategy and expand its technology offerings for the U.S. government. “This marquee acquisition would advance our company’s position in some of the fastest...
The White House Office of Science and Technology Policy and the Office of Management and Budget have issued a memorandum outlining the current administration’s research and development priorities to guide federal agencies as they formulate their budget submissions for fiscal year 2025. One of the multiagency R&D priorities is advancing trustwo...
The U.S. Space Force has started to solicit information on technical approaches and concepts that could be used to facilitate the integration of government payloads onto a space vehicle without the need for major modifications. The service has provided information on two space vehicle variants meant to address the requirements of two separate missio...
Shankar Rachkonda has been an entrepreneur at heart for a long time, so it wasn’t a question if he was going to start a business, just a matter of when. After earning a mechanical engineering bachelor’s degree and a Ph.D. in engineering, he built a career working in large businesses serving government and commercial entities as...
The Government Accountability Office has dismissed a protest filed by Health Net Federal Services against the Defense Health Agency’s decision to award the managed care support services contract in the western U.S. region to TriWest Healthcare Alliance as part of the Tricare program, Military Times reported Wednesday. In December, TriWest secured ...
