Phantom has obtained $13.5 million in a Series B funding round led by venture capital firm Kleiner Perkins Caufield & Byers and backed by In-Q-Tel. Phantom will use the funds to expand engineering, sales and marketing operations in support of its platform that works to automate and orchestrate security operations, the company said Tuesday. ...
Executive Mosaic’s GovCon Index fell for a second straight session Thursday on continued declines by large aerospace and defense primes as U.S. stocks also tumbled with earnings season at the forefront of investor attention. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and two of its 11 S&P 500 components advanced with...
TYSONS CORNER, VA, Jan. 12, 2017 ” Raytheon‘s (NYSE: RTN) Standard Missile – 6 has been approved by the Defense Department to be sold to several international customers that seek to use the missiles to support their shipbuilding programs, ExecutiveBiz reported Wednesday. The company said Tuesday SM-6 is designed ...
TYSONS CORNER, VA, Jan. 12, 2017 ” NASA has scheduled the launch of Orbital ATK‘s (NYSE: OA) Cygnus spacecraft for the next International Space Station cargo mission on March 16 after the company delivered the vehicle’s pressurized cargo module, ExecutiveBiz reported Wednesday. The module will undergo processing and a...
TYSONS CORNER, VA, Jan. 12, 2017 ” CGI (NYSE: GIB) will create and operate a cloud-based flood forecasting platform that will work to help the U.K.’s environment agency produce and share flood predictions under a three-year, $6.1 million contract, ExecutiveBiz reported Wednesday. The Future Flood Forecasting System wil...
TYSONS CORNER, VA, Jan. 12, 2017 ”DigitalGlobe (NYSE: DGI) has selected the top five developers who took part in its machine learning algorithm development challenge using satellite imagery, ExecutiveBiz reported Wednesday. The winners of the SpaceNet Challenge will receive $35, 000 in total prizes and will have their algorithms released t...
TYSONS CORNER, VA, Jan. 12, 2017 ” Harris (NYSE: HRS) will provide electronic warfare systems for the Moroccan air force’s fleet of F-16 fighter jets as part of a potential $91 million contract from the U.S. Air Force, ExecutiveBiz reported Wednesday. The company said Tuesday it will provide its AN/ALQ-211 Advanced Integrated De...
CAE (NYSE: CAE) has secured two long-term training services contracts with the U.S. Army and Canada’s air force worth approximately $760 million combined. CAE said Thursday the contract with the Army will cover classroom, simulator and live rotary-wing flight training instructor support at the Army Aviation Center of Excellence in Alabama...
David Aguilar, a former commissioner of the Customs and Border Protection agency, has joined the board of directors at tethered drone and lightweight aerostat manufacturer Drone Aviation Holding. Aguilar, who most recently led a team of more than 60, 000 as head of CBP, brings 35 years of experience in federal law enforcement and international ...
Matthew Klein, former chief security officer and assistant commissioner for the professional responsibility office at the Customs and Border Protection, has joined Kroll as managing director of the consulting firm’s investigations and disputes practice in Washington, D.C. Kroll said Tuesday Klein will also serve as an ...
