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BlueHalo has received a potential $95.4 million contract from the U.S. Army’s Space and Missile Defense Command to develop a prototype of its directed energy system under the Laser technology Research Development and Optimization program. The company said Tuesday the contract was awarded through the Aviation and Missile Technology Consortium. “W...

Scale AI, a San Francisco-based provider of data labeling services for artificial intelligence development and training, has raised $1 billion in a Series F funding round led by venture capital firm Accel. With a valuation of $13.8 billion, Scale AI aims to expand its capabilities and offerings by building on its existing AI model evaluation...

Shawn Purvis, president and CEO of the U.S. arm of QinetiQ, was handed her 2024 Wash100 Award by Jim Garrettson, CEO of Executive Mosaic and founder of the award, in a recent in-person meeting. This is Purvis’ fourth consecutive year being recognized in the highest tier of the government contracting industry, a rarified group that EM takes pri...

The U.S. Air Force is getting serious about equipping its fleet with artificial intelligence and machine learning capabilities amid an intensifying technological competition with China. In one of their most recent AI initiatives, the Air Force successfully tested an F-16 fighter jet equipped with an autonomous agent built by Shield AI. Curious about...

Joe Levy was named CEO of Sophos, where he has been working for nearly a decade– most recently as acting chief executive of the cybersecurity software company. Sophos said Monday Levy has almost three decades of experience in innovating and leading cybersecurity product development, services and companies, and nine years of his career were spe...

Identity security company CyberArk (Nasdaq: CYBR) will acquire machine identity management company Venafi from Thoma Bravo for an enterprise value of approximately $1 billion in cash and approximately $540 million in shares. CyberArk said Monday it plans to create a unified platform for end-to-end machine identity security by combining its identity ...

The National Defense Authorization Act for Fiscal Year 2024 was signed into law at the end of 2023. Among its various mandates were that the Department of Defense cultivate private 5G networks at its service branch bases and outposts. These bases total around 800 globally, representing a clear opportunity for telecommunications providers to offer th...

Vipin Narang, principal deputy assistant secretary for space policy at the Department of Defense, will take on the role of acting assistant secretary of defense for space policy on Monday, May 20. Amanda Dory, acting undersecretary of defense for policy, said in a release published Friday Narang will replace John Plumb, who was confirmed as...