Quantum Computing Inc. will use its cloud software application to help the Department of Energy’s Los Alamos National Laboratory address graph partitioning and data decomposition issues to enable petascale and exascale simulations that can be applied to national security efforts. The company and Los Alamos signed a three-year cooperative...
Northrop Grumman (NYSE: NOC) helped the U.S. Space Force send a payload into orbit Sunday using an air-launched rocket to demonstrate a rapid response mission for emerging military requirements. A Pegasus XL carried the Tactically Responsive Launch-2 mission to low Earth orbit as part of the branch’s technology demonstration satellite program ...
The U.S. Navy has awarded 29 companies potential 10-year contracts worth up to $242 million combined to provide expeditionary supplies and services in support of military exercises, disaster relief, humanitarian missions and contingencies worldwide. The fleet logistics center of Naval Supply Systems Command in Japan received 35 offers for the indefi...
A Bloomberg Government report says the federal government’s total contract spending reached $682 billion in fiscal year 2020, a 14 percent increase from FY 2019 spending of $599 billion. BGOV said Thursday FY 2020 marks the fifth consecutive year of increase in contract spending and federal agencies primarily used $1.6 trillion in enacted FY 2020...
During Potomac Officers Club’s Trusted Workforce Forum, elite private and public sector executives will discuss the future of Trusted Workforce 2.0, major initiatives and policies to accommodate future technology-driven Trusted Workforce capabilities and how private industry can assist with reducing the security clearance backlog. William Lietza...
Duluth, Georgia-based special purpose acquisition company Spartacus (Nasdaq: TMTS) and geolocation technology provider Nextnav have entered into a merger agreement that would take the latter public and bring its potential market capitalization to $1.2 billion. The boards of directors for both companies gave unanimous approval of the transaction, wit...
QuantiTech, a portfolio company of private equity firm Sagewind Capital, has rebranded as Axient to reflect its combined capabilities in multidomain test and analysis, digital engineering, mission engineering and operations, advanced technologies and other areas in support of the missions of defense and civilian agency clients. The rebrand includes ...
Honeywell International (NYSE: HON) has agreed to merge its quantum solutions business with Cambridge Quantum Computing into a new company that will focus on offering software and hardware products to support computation requirements in areas such as cybersecurity, finance and material science. Charlotte, North Carolina-based Honeywell said Tuesday ...
Airbus‘ U.S. space and defense business arm will continue providing logistics support services for the U.S. Army’s UH-72 Lakota light utility helicopters under a one-year, $119.8 million contract modification. Work in Grand Prairie, Texas, will be extended through June 30, 2022, and the Army Contracting Command will fund the work extensi...
Astra has agreed to acquire Apollo Fusion for approximately $145 million as part of efforts to expand its space launch services to medium-Earth, geosynchronous and lunar orbits. “In addition to increasing Astra’s total addressable market for launch services, the acquisition of Apollo Fusion accelerates Astra’s ability to efficiently deliver an...
