Quantum computing firm IonQ has unveiled plans to acquire Skyloom Global, a Colorado-based developer of optical communication systems for space-based quantum networks. The acquisition, announced by IonQ Chairman and CEO Niccolò de Masi during a Nov. 11 CNBC interview, is supported by $3.5 billion in new funding to acc...
The Department of State has approved a potential $3.5 billion foreign military sale of Standard Missile 6 Block I and Standard Missile 2 Block IIIC systems to Germany. RTX, which manufactures both missile families through its Raytheon business, is the principal contractor, the Defense Security Cooperation Agency said Friday. Germany requested up to ...
The U.S. Army has awarded Boeing a contract valued at $876.4 million for logistics, training and engineering services in support of 60 CH-47F Block II cargo helicopters. Work on the contract will be performed in Ridley Park, Pennsylvania, until Oct. 28, 2035, according to the Department of Defense. The Army Contracting Command in Redstone Arsenal,...
SAIC will consolidate its five current business groups into three as part of an organizational restructuring intended to simplify operations, strengthen customer focus and drive growth and shareholder value. The company said Thursday the new structure will take effect Jan. 31. SAIC is one of the sponsors of the Potomac Officers Club’s 2026 Def...
Babel Street has appointed Rob Lalumondier as chief revenue officer, adding a senior leader with experience in cybersecurity and threat intelligence as the company expands across the public sector, national security and commercial markets. In his new role, Lalumondier will oversee global revenue strategy, sales, channel operations and customer growt...
The $25 billion provided for the U.S. Coast Guard in the One Big Beautiful Bill Act is the largest investment in the service’s history, Homeland Security Secretary Kristi Noem told a packed ballroom on Wednesday during her keynote address at the Potomac Officers Club’s 2025 Homeland Security Summit. Noem, who received two standing ovat...
ARMADA Parent, a provider of ship repair and construction services for the U.S. Navy, has acquired Virginia-based Poseidon Industrial to expand its maritime modernization and technical service capabilities across defense programs. How Will the Acquisition Strengthen ARMADA? The acquisition adds Poseidon to ARMADA’s network of operating compani...
The Department of Homeland Security’s Immigration and Customs Enforcement has started soliciting proposals for a potential two-year, $180 million contract to provide skip tracing services. According to a solicitation notice published Monday on SAM.gov, the indefinite-delivery/indefinite-quantity contract has a one-year base period and on...
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...
Obviant has secured a $99 million prototype award funded by the Defense Innovation Unit to modernize how the Department of War and other government organizations access and use defense acquisition, contracting and budgeting data. Under the contract, the technology company will provide DIU’s commercial team with an operating platform to consoli...
