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Lockport, Louisiana-based Bollinger Shipyards has secured a U.S. Coast Guard contract option worth approximately $507 million for 10 additional fast response cutters, or FRCs, and associated contract line items. Hear government and industry leaders discuss the latest tech capabilities and the most pressing threats and challenges facing the country a...
The U.S. Navy has awarded five companies indefinite-delivery/indefinite-quantity contracts with a combined value of $1.5 billion for construction, renovation, modernization, and routine repair and maintenance services at the Navy Support Facility on the island of Diego Garcia in the British Indian Ocean Territory. Work on the contract is expected to...
Veritas Capital has raised $14.4 billion in capital commitments for its ninth fund, allowing it to further advance its strategy of investing in technology companies that provide mission-critical products and services for government and commercial customers worldwide. The New York-based private equity firm said the oversubscribed Fund IX exceeded the...
The General Services Administration has released the lists of apparent awardees under the rolling awards process for the Unrestricted, Total Small Business and three socioeconomic small business set-aside tracks of the One Acquisition Solution for Integrated Services Plus, or OASIS+, contract program. In separate notices published Tuesday on SAM.gov...
PsiQuantum, a quantum computing company, has announced a $1 billion Series E funding round intended for advancing fault-tolerant quantum systems. Mark Brunner, executive vice president of public sector at PsiQuantum, shared the recent development on LinkedIn Wednesday. “This $1B raise will help us rapidly deploy utility scale quantum...
Justin Falck, head of product for endpoint security at Broadcom, said government agencies can become more proactive in detecting, preventing and responding to security risks and breaches by having real-time visibility into data and endpoints across their network. “That visibility is a crucial first step in the shift to threat-informed prioriti...
While the AI boom seemingly began in Silicon Valley with OpenAI’s ChatGPT three years ago, 2025 has been proof that China is highly competitive in the artificial intelligence field — if not the frontrunner. The Eastern superpower is building its own open-source AI programs that have demonstrated high performance as they put ubiquity and eff...
By Eric Hoover, director of U.S. programs, TCOM LP The Growing Role of Aerostats in Border Security Border security and defending the homeland from unmanned systems and low-flying threats are enduring national security priorities. These missions are best served by a multi-layered approach, where aerostat systems play a vital role. Modernized ae...
Christine Palmer shared on LinkedIn Tuesday that she was named chief technology officer of citizen security & public services at Peraton. Who Is Christine Palmer? The new Peraton CTO is a strategic executive with extensive experience designing and implementing advanced capabilities to address evolving challenges across organizations. P...
The Pentagon has issued the final Defense Federal Acquisition Regulation Supplement, or DFARS, rule implementing the contractual requirements of the Cybersecurity Maturity Model Certification, or CMMC, program. The Department of War said Tuesday the final DFARS rule, or 48 CFR, seeks to ensure that contractors properly safeguard federal contract inf...
