Scale AI, a San Francisco-based provider of data labeling services for artificial intelligence development and training, has raised $1 billion in a Series F funding round led by venture capital firm Accel. With a valuation of $13.8 billion, Scale AI aims to expand its capabilities and offerings by building on its existing AI model evaluation...
Identity security company CyberArk (Nasdaq: CYBR) will acquire machine identity management company Venafi from Thoma Bravo for an enterprise value of approximately $1 billion in cash and approximately $540 million in shares. CyberArk said Monday it plans to create a unified platform for end-to-end machine identity security by combining its identity ...
CIA Chief Operating Officer Maura Burns was presented with her 2024 Wash100 Award during a recent meeting with Jim Garrettson, CEO of Executive Mosaic and founder of the prestigious recognition. The Wash100 Award is an honor presented to executives in the government contracting industry who have proven themselves as strong leaders and continuously...
NASA has awarded four companies indefinite-delivery/indefinite-quantity contracts worth $6 billion combined as part of the third on-ramp process to the fourth iteration of the Rapid Spacecraft Acquisition program. The space agency said Friday the vendors selected for On-Ramp III of the RAPID IV contract vehicle will provide spacecraft and related co...
The National Defense Authorization Act for Fiscal Year 2024 was signed into law at the end of 2023. Among its various mandates were that the Department of Defense cultivate private 5G networks at its service branch bases and outposts. These bases total around 800 globally, representing a clear opportunity for telecommunications providers to offer th...
Project Convergence materialized in 2020 with a goal of connecting Army sensors, command and control nodes and shooters at the tactical level. While the initiative was originally created to tackle Army-specific problems, its reach has dramatically expanded over time. Now, Project Convergence serves as a key part of the Department of Defense’s Comb...
In order to effectively realize Combined Joint All-Domain Command and Control — a.k.a. CJADC2, the U.S. Department of Defense’s sweeping data-sharing initiative — information coded in different ways has to be aligned and translated. Since the effort spans across all DOD components and service branches, the inputs “all talk a different langua...
NASA is soliciting proposals for a potential $444 million contract to provide facility operations, service and maintenance at John C. Stennis Space Center in Mississippi and Marshall Space Flight Center’s Michoud Assembly Facility in Louisiana. The Combined Operations, Services, Maintenance & Infrastructure Contract has an ordering period of e...
Raytheon Vice President and Chief Information Officer Ken Wilcox has built his career on curiosity, embracing change and seizing opportunities, even if the challenge was uncomfortable. Wilcox came up through the ranks, having spent most of the last 25 years at RTX and various affiliated organizations. He started out as a software developer at Prat...
Lockheed Martin (NYSE: LMT) has secured a pair of modifications worth $553.4 million combined to build and deliver surface-to-surface rocket weapon systems to the U.S. Army and foreign military customers. The company will provide Guided Multiple Launch Rocket Systems to the service branch under a $332.1 million modification to a GMLRS supply contrac...
