Anduril Industries has raised $1.5 billion in Series F funding round co-led by Sands Capital and Founders Fund and will use the capital to launch a 5 million-square-foot manufacturing facility, called Arsenal-1, to support the mass production of autonomous systems and weapons. The latest funding round brings Anduril’s valuation to $14 billion and ...
The Materials and Manufacturing Directorate within the Air Force Research Laboratory is calling for white papers for the Pervasive Research & Evaluation for Complex-solutions In Operational & Urgent Systems program. The move is the first in a two-step closed call for proposals for the PRECIOUS program, which aims to ensure the mission readin...
As the agency charged with protecting the American homeland and its citizens, the Department of Homeland Security is undertaking a myriad of initiatives aimed at better securing the nation from emerging threats. And in the age of artificial intelligence, it’s no surprise that DHS is deploying AI to execute some of its critical homeland security...
Leidos (NYSE: LDOS) highlighted artificial intelligence and other emerging technologies at its seventh annual Supplier Innovation & Technology Symposium on Tuesday. The company said more than 170 partners and suppliers gathered at the event, which included discussions on how emerging tech can help address customer challenges. “Emerging tec...
Dan Budlovsky, a financial executive with years-long industry experience, has joined Kepler Communications as chief financial officer. The satellite telecommunications provider said Tuesday Budlovsky will be responsible for driving strategic financial initiatives to help position Kepler for business growth, innovation and financial success. In a sta...
VMD Corp will conduct passenger and baggage screening services at the Kansas City International Airport under a $140 million follow-on contract from the Department of Homeland Security. The company said the five-year award is part of the Transportation Security Administration’s Screening Partnership Program. Operating MCI’s 16 screening ...
V2X (NYSE: VVX) reported record revenue of $1.07 billion during the second quarter of 2024, reflecting a year-over-over increase of 10 percent, and posted $759 million in quarterly bookings with a total backlog of $12.2 billion, of which $2.9 billion was funded. The McLean, Virginia-based defense services contractor said Tuesday it recorded $27.4 mi...
Clarity Innovations has named Heeun Gardner as its new chief financial officer. She is the former CFO of PM Consulting Group, now Vistant, and brings over 25 years of experience in the federal contracting industry to her new role. The software development and digital services company announced Gardner’s appointment via a LinkedIn post on...
A General Dynamics (NYSE: GD) subsidiary has secured a potential $1.3 billion contract modification from the U.S. Navy to provide long lead time materials to support the construction of Virginia-class Block VI submarines. The Department of Defense said Monday General Dynamics Electric Boat will perform work in California, New Jersey, Illinois, Color...
The Department of the Navy is all-in on collaboration, and one key way it is engaging with industry partners is through contracts. There are numerous Navy contracts currently up for grabs. These opportunities cover a wide range of areas, such as information technology, shipbuilding, training and more. Keep reading for a glimpse into seven standout...
