Performance Drone Works has raised more than $110 million in a Series B financing round to scale military drone production, strengthen engineering capabilities, expand product offerings and support future growth initiatives and other strategic programs. The latest funding round reflects continued investment activity across the defense technology and...
Government IT services contractor Aretum has promoted Amy French, most recently chief accounting officer, to chief financial officer. Vienna, Virginia-based Aretum said French will oversee the company’s financial strategy, accounting, treasury, planning and analysis, and compliance functions as CFO. She will also continue working with Aretum&#...
Shield AI has agreed to acquire simulation software company Aechelon Technology as part of efforts to expand its technological capabilities. The San Diego-based defense and aerospace technology company said Thursday it is also raising $1.5 billion in a Series G funding round at a post-money valuation of $12.7 billion, alongside $500 m...
SentinelOne, a company specializing in artificial intelligence security, has promoted Barry Padgett to president and chief operating officer. The appointment takes effect immediately and coincides with the transition of Sonalee Parekh into the chief financial officer role, the Mountain View, California-based company said Tuesday. What...
Anduril Industries and Palantir Technologies are helping develop software for the potential $185 billion Golden Dome next-generation missile defense shield, The Wall Street Journal reported Tuesday. The companies are part of an industry consortium working to deliver a command-and-control platform that would process data from disparate sources and en...
Sean Vineyard has assumed new responsibilities as senior vice president of growth operations at Tria Federal. The Arlington, Virginia, company said in a LinkedIn post Wednesday that Vineyard will lead efforts to drive enterprise business development and execute its capture and growth strategy. “I’m excited for the opportunity to deliver ...
Cecile Kellam, senior solutions architect at NetApp, and Dani Conner, AI solution sales specialist at the company, said a unified data platform is critical to helping government agencies unlock the full potential of artificial intelligence. Why Do Agencies Need a Unified Data Platform? In an article published on Carahsoft.com, Kellam and Conner wrot...
Intuitive Machines, a space technology, infrastructure and services company, has secured a $180.4 million contract from NASA to deliver science and technology payloads to the lunar South Pole region. The Potomac Officers Club’s 2026 Air and Space Summit on July 30 brings together leaders from the U.S. Air Force and Space Force to explore ...
The Department of War has awarded T2S Solutions a five-year contract valued at more than $600 million to support cybersecurity efforts for defense infrastructure. The latest cybersecurity contract award underscores the growing importance of digital defense in national security strategy as threats continue to evolve. These priorities, along with the ...
Carahsoft Technology and Broadcom have secured a five-year, $970 million blanket purchase agreement from the Defense Information Systems Agency to consolidate cloud and software procurement and standardize pricing across Department of War components. The Pentagon’s push to modernize cloud infrastructure under a new DISA agreement reflects a br...
