The U.S. Department of Defense’s high-level technology incubation arm, the Defense Advanced Research Projects Agency, was formed in early 1958 in response to the Soviet Union’s launch of the first artificial Earth satellite: Sputnik 1. Now, DARPA officials are seeing the viability of the Soviet Union’s space program nearly seven decades ago re...
Michael Tarulli, a senior investment banker at Goldman Sachs Group (NYSE: GS) and a 2023 Wash100 Award recipient, has been appointed a senior managing director at global independent investment banking advisory firm Evercore, Bloomberg Law reported Tuesday. Tarulli has been serving as managing director and global head of aerospace, defense and govern...
General Dynamics‘ (NYSE: GD) land systems division and American Rheinmetall Vehicles will move into the next phases of an industry competition to replace the U.S. Army’s Bradley Fighting Vehicle platform under separate contracts worth a combined $1.6 billion. The two manufacturers will conduct detailed design, prototype build and testing...
The U.S. Navy’s Flank Speed cloud platform was introduced about two years ago, in May 2021, and has reportedly helped bring about a wave of positive technological change for the service branch. A collaboration with Microsoft 365, Flank Speed has seen the transition of over 530,000 users to its common suite of tools and shared digital...
Forty-six companies have won spots on a follow-on $1 billion U.S. Air Force contract vehicle to develop testing and evaluation platforms for weapons systems. Contractors will compete for delivery orders to provide highly specialized technologies that could support the branch’s developmental and operational test requirements under the Test &...
European satellite telecommunications provider SES issued a statement Thursday saying that negotiations over a “possible combination” with U.S.-based Intelsat have stopped. In late March, Luxembourg-headquartered SES confirmed that the company and Intelsat were in talks about a possible merger and noted that it was uncertain whether a deal would...
Broadtree Partners has purchased Joint Research and Development, a professional services provider headquartered in Stafford, Virginia, in a move to grow the private equity firm’s government contracting portfolio. Financial terms of the transaction were not disclosed and Broadtree said Thursday JRAD will join Sayres Defense, which the middle-ma...
Digital assets are becoming an increasingly valuable and influential aspect of the U.S. Department of Defense’s mission. Whether it’s cybersecurity fortification, electronic warfare or cloud migration, digital transformation efforts are widespread and come with a host of reforms, new programs and reinventions of preexisting systems. Here is a gu...
Amentum has won an eight-year, $475 million contract to provide maintenance and logistics support for the U.S. Navy’s F-16 aircraft fleet. The company will help the Naval Air Warfare Center Aircraft Division maintain F-16A/B/C/D variants at the organizational, intermediate and depot levels, the Department of Defense said Thursday. NAWCAD recei...
A Palantir Technologies (NYSE: PLTR) subsidiary has received from the U.S. Air Force three separate one-year contracts worth $110.5 million combined to provide data-as-a-service platforms to support command and control and decision-making operations. Palantir USG will support the Headquarters Air Force by enabling HAF to integrate personnel, health,...
