Commerce Secretary Howard Lutnick said top Department of Defense officials are “thinking about” whether the U.S. should take equity stakes in defense contractors like Lockheed Martin, CNBC reported Tuesday. In an interview on CNBC’s Squawk Box, Lutnick said Lockheed is “basically an arm of the U.S. government.” “B...
OneOmega has secured a $160 million contract from the U.S. Coast Guard to provide information assurance and support services involving tasks that ensure compliance with the National Institute of Standards and Technology Risk Management Framework. Learn about the latest in U.S. homeland security programs, efforts and strategic initiatives at the 2025...
The Defense Threat Reduction Agency has awarded six companies positions on a $3.5 billion indefinite-delivery/indefinite-quantity, multiple-award contract for the Cooperative Threat Reduction, or CTR, Program. Under the 10-year contract, the selected companies will compete for task orders to provide a broad range of services and products to deliver ...
Invisible Technologies has appointed Sharon Woods as senior vice president of enterprise accounts for the global public sector. In a LinkedIn post announcing the appointment, Wes Green, SVP of global public sector at Invisible Technologies, welcomed the addition of Woods to the artificial intelligence software provider. “Sharon is an amazing t...
Red River has appointed David Raffetto as senior vice president and general manager of its technology solutions division, a move aimed at accelerating the company’s growth in federal and commercial technology markets. In his new role, Raffetto will lead sales teams, direct go-to-market strategy, drive growth across diverse markets and strength...
Peraton reported that it secured $100 million in contracts from federal and state agencies to help them meet digital modernization goals, address national security imperatives and ensure continuity of critical operations. “These strategic contract awards demonstrate our unwavering commitment to delivering innovation, security, and operational ...
Lawmakers are moving forward with reforming how the U.S. sells weapon systems to allies to help the U.S. get advanced technologies such as unmanned systems into the hands of partner nations faster. The House Foreign Affairs Committee in late July progressed a number of legislative packages that had provisions to incentivize U.S. capabilities an...
Tech7, a defense and national security sector innovator, has secured a $489 million contract from the General Services Administration for the development and deployment of the Tech7 Reporting Analysis Commercial Extension, or TRACE 2.0. The Colorado Springs-based company said Tuesday the indefinite-delivery/indefinite-quantity contract, under...
Enlightenment Capital-backed Cryptic Vector has acquired Caesar Creek Software for an undisclosed sum as part of a push to expand its portfolio of offensive cybersecurity offerings. Expanding Offensive Cyber Portfolio Established in 1998, Dayton, Ohio-based Caesar Creek provides offensive cyber research and development support in the areas of vulner...
Lockheed Martin will serve as the principal contractor for the potential $500 million foreign military sale of M142 High Mobility Artillery Rocket System and related equipment to Bahrain. The U.S. State Department recently approved Bahrain’s FMS request, which is expected to improve the defense capabilities of the country against current and f...
