AeroVironment (Nasdaq: AVAV) has agreed to buy Tomahawk Robotics, a developer of artificial intelligence-based command and control systems, for $120 million in cash and stock. The deal would allow both companies to integrate technology products into a platform that could support unmanned systems interconnection and interoperability for defense custo...
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...
Potomac Officers Club, the premier organization that specializes in gathering high-profile speakers and collaborative colleagues for government contracting industry events, is excited to announce its upcoming 2023 Healthcare Summit. This highly relevant, informative day of programming will tap into the most important things happening in the healthc...
Zack Butcher, a founding engineer at Tetrate, said government agencies looking to implement a zero trust architecture to improve their cybersecurity posture should adopt an infrastructure layer called service mesh. He wrote in an article published on Carahsoft.com that a service mesh like Istio could enable agencies to intercept network traffic amon...
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...
Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) have received $1.5 billion in prototype agreements from the Space Development Agency to develop and operate 72 Beta satellites for the second tranche of the Proliferated Warfighter Space Architecture’s transport layer. SDA said Monday the PWSA Tranche 1 Transport Layer Beta prototype sat...
Amentum will deliver life-cycle support and other follow-on technical services to eligible international naval forces under a potential five-year, $591.6 million contract with the U.S. Navy. The Naval Undersea Warfare Center Division in Keyport, Washington, received four proposals for the indefinite-delivery/indefinite-quantity contract through a co...
The Small Business Administration issued interim guidance on the 8(a) Business Development Program after a U.S. District Court ruled that SBA should be precluded from using the “presumption of social disadvantage” in administering the program. SBA said Friday it also released interim guidance for federal agencies to enable them to continue...
The U.S. Air Force expects to issue a request for proposals by the end of August for a potential five-year, $200 million contract designed to address engineering requirements at Eglin Air Force Base and associated facilities in Florida. The Simplified Acquisition of Base Engineering Requirements is reserved for 8(a) small businesses and will use the...
Grady Lincalis, formerly vice president of finance and accounting at Freedom Consulting Group, has been promoted to chief financial officer at the Columbia, Maryland-headquartered information technology services provider, according to a LinkedIn post published Friday. He joined FCG in March 2022 as a controller following a nearly 10-year tenure at R...
