Lockheed Martin is significantly expanding its investment in emerging defense technologies by increasing the capacity of its venture capital arm from $400 million to $1 billion. Why Is Lockheed Martin Expanding Its Venture Fund? The company said Tuesday that the investment marks a 250 percent increase, the largest boost since the fund was estab...
By Mike Scopa, SVP Engineering, Deltek For government contractors, operating in the cloud is quickly becoming essential for competing in the federal market. Cloud platforms offer the scalability, agility and real-time insight that modern programs demand and most organizations recognize that the shift is inevitable. But knowing the destination doesnâ...
Textron Aviation Defense has been awarded a five-year, $150 million contract to provide sustaining engineering and program management, or SEPM, services for the T-6 Texan II trainer aircraft fleet. Register today for the Potomac Officers Club’s 2026 Air and Space Summit on July 30 to hear from Department of the Air Force Vice Chief of Sta...
Mike Adams, senior sales director at Carahsoft, said artificial intelligence is playing an increasingly central role in government missions, from cybersecurity to operational decision-making. In a blog post published on Carahsoft’s website, he highlighted several key events beginning mid-April that will bring together public sector leade...
Integrated Data Services has appointed Sujey Edward, a technology industry leader, as chief strategy and innovation officer. As companies like IDS bring on board new leaders to drive strategy, technology and innovation, government and industry leaders continue to examine similar priorities at upcoming forums. Attend the 2026 Digital Transformation S...
AeroVironment has selected Sean Woodward as executive vice president and chief financial officer, effective May 1. Woodward succeeds Kevin McDonnell, who is stepping down from the role but will remain with AV through July to aid in the transition of responsibilities, the company said Monday. Who Is Sean Woodward? Woodward brings to the role over...
Merlin, an aerospace and defense technology company, has appointed former PsiQuantum executive Mark Brunner as chief revenue officer. What Will Mark Brunner Oversee? The Boston-based company said Monday Brunner will spearhead the development and implementation of its global revenue strategy as it expands its autonomous flight pla...
Fortreum has acquired Kovr.AI, an AI-native cybersecurity compliance platform, to combine automated compliance capabilities with independent assessment services for federal and regulated industry customers. Fortreum said Monday the deal brings together its role as an authorized assessor for programs such as the Federal Risk and Authorization Managem...
Dynanet has appointed Anthony “Tony” Kirilusha, a federal health research and data science leader, as chief scientific officer. The latest leadership appointment at Dynanet comes as federal healthcare leaders continue to align talent with evolving mission needs. Book your spot at the 2026 Healthcare Summit to hear government and industry...
Radiance Technologies has secured a cost-plus-fixed-fee contract valued at $149.7 million from the Defense Logistics Agency to upgrade and modernize existing infrastructure and instrumentation at the Reagan Test Range on Kwajalein Atoll in the Marshall Islands. The Department of War said Thursday that the contract was awarded on a sole-source basis....
