Forterra has secured $238 million in Series C equity and debt financing to expand its autonomous mission systems for defense and logistics applications. Moore Strategic Ventures led the funding round with new investors Salesforce Ventures, Franklin Templeton, Balyasny Asset Management, 645 Ventures, Hanwha Asset Management, 9Yards Capital and NightD...
Maximus has appointed Mike Keefe as chief growth officer for federal services. Keefe will oversee growth strategy, business development and capture management spanning the civilian, health, defense and national security sectors, Maximus said Wednesday. Utilizing more than 20 years of experience in analytics, program leadership and sales, he wil...
The Department of State has approved a potential foreign military sale of AIM-9X Block II Sidewinder tactical missiles and related support equipment valued at an estimated $318.4 million to the government of Denmark. RTX will serve as the principal contractor of the proposed FMS, the Defense Security Cooperation Agency said Wednesday. What Does the ...
Virtualitics announced on LinkedIn Saturday that Nicole Diresta has been appointed vice president for public policy and planning. Diresta will oversee initiatives to enhance government partnerships, support organizational growth and expand Virtualitics’ role within the artificial intelligence and defense community. “I’m t...
The U.S. Senate voted 60–40 to advance a bipartisan funding measure that could end the longest government shutdown in U.S. history, clearing a key procedural hurdle toward reopening federal agencies and restoring pay for hundreds of thousands of workers. The vote allows debate to proceed on a modified continuing resolution that would extend curren...
Safran Defense & Space Inc. has appointed Christopher Keeler, a space and defense industry leader, as president of its space solutions division. Safran DSI said Thursday Keeler will lead the company’s U.S. space business, including spacecraft propulsion systems, onboard communications, space domain awareness and ground systems. In th...
Conti Federal Services has announced a series of leadership appointments to support its global growth strategy and continued national recognition. Who Are the New Appointees at Conti Federal? The federal construction and design-build firm said Thursday Lou Zecca has transitioned from chief operating officer to chief strategy officer, where he w...
By Chuck Brooks, president of Brooks Consulting International In today’s hyper-connected world, the systems and assets we take for granted—our power plants, water and wastewater systems, telecommunications networks, transportation systems, hospitals, financial institutions, food supply chains and the manufacturing base—are deeply interwove...
By Kim Koster, Vice President of Industry Marketing at Unanet In the world of government contracting, your pipeline isn’t just a list of leads. It’s the heartbeat of your business. But managing that pipeline without a clear, consistent way to assess each opportunity is like flying blind in a competitive market where every decis...
Leidos reported record third-quarter revenue of $4.47 billion for fiscal year 2025, up 7 percent from the prior-year period, and attributed the growth to increased customer demand for innovative products in support of defense and national security missions. In an earnings release published Tuesday, the Reston, Virginia-based defense and IT services ...
