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Auria, a portfolio company of Enlightenment Capital, has acquired RKF Engineering Solutions and Kythera Space Solutions as part of a push to expand its satellite communications capabilities and portfolio of software offerings. Auria said Tuesday it expects the transaction to support the delivery of an end-to-end platform for managing the full comman...
The U.S. Navy has awarded contract modifications to 109 companies, raising their base period contract ceiling by $45 billion to continue supporting the Worldwide Expeditionary Multiple Award Contract – Territorial Integrity of the U.S., or WEXMAC TITUS, program. What Is the Scope of the WEXMAC TITUS Contract? The Department of War said Friday...
Department of War Secretary Pete Hegseth said the Pentagon is reviewing the Small Business Administration’s 8(a) Business Development Program, arguing that the long-running initiative has strayed from its original purpose and allowed fraud and abuse to persist across federal contracting. In a video posted on social media platform X on Saturday...
Some Chinese artificial intelligence developers said China’s efforts to catch up with the U.S. in AI are being slowed by a bottleneck in access to advanced chips, The Wall Street Journal reported Thursday. As U.S. policy continues to shape the direction of AI at home and abroad, industry and government stakeholders are watching closely how...
Appian has secured a new enterprise agreement with the U.S. Army that expands the service’s access to artificial intelligence-powered process automation in support of its modernization efforts. How Will the Enterprise Agreement Support Army Modernization? Under the 10-year enterprise agreement, the Army can procure up to $500 million in ...
CesiumAstro, a space and defense communications systems and satellites company, has received $200 million in financing from the Export-Import Bank of the United States, or EXIM, in partnership with J.P. Morgan. The transaction represents the largest financing completed under EXIM’s Make More in America program and among the most substanti...
PsiQuantum has appointed foreign policy and national security leaders Stephen Biegun, Ellen Lord and Chris Miller to its government advisory board. The company said Thursday the three new members will join Bob Sharp, a retired U.S. Navy vice admiral, on the board and leverage their decades of experience to help PsiQuantum forge partnerships across t...
LMI has realigned executive responsibilities across its leadership team as Josh Wilson officially assumes the role of CEO, a transition that took effect Jan. 1. LMI announced Thursday the changes include Christen Smith’s appointment as chief revenue officer, Chrissy Cocrane’s move into the role of senior vice president of health and civi...
The Missile Defense Agency has awarded 340 companies positions under the potential 10-year, $151 billion Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, multiple-award contract vehicle, expanding the pool to more than 2,400 awardees. SAIC, one of the latest additions to the SHIELD pool, is a major sponsor of the Potomac Offi...
Rich Wajsgras, former Groq executive, has joined NVIDIA as a senior manager. He confirmed his new role in a recent LinkedIn post. “Happy to share that I’m starting a new position as a Senior Manager at NVIDIA,” he wrote. “It’s a real privilege to join a company that has defined the modern era of [artificial...
