Performance Drone Works has raised more than $110 million in a Series B financing round to scale military drone production, strengthen engineering capabilities, expand product offerings and support future growth initiatives and other strategic programs. The latest funding round reflects continued investment activity across the defense technology and...
The Department of State has released a sources sought notice for a potential follow-on to the Diplomatic Platform Support Services, or DiPSS, indefinite-delivery/indefinite-quantity contract. What Is the Purpose of the Notice? According to the notice published Thursday on SAM.gov, the State Department’s global acquisitions office is solic...
HII has appointed Christie Miller and Christian Ortego to vice president roles at its Newport News Shipbuilding division as the company continues leadership transitions supporting its naval shipbuilding operations. Miller will be promoted to vice president of communications, while Ortego will join as vice president and chief counsel, HII said. Both ...
Raytheon, an RTX business, has received two contract modifications with a total value of $966.7 million from the Missile Defense Agency to support continued development and sustainment of the Army Navy Transportable Radar Surveillance Control Model-2, or AN/TPY-2, system. What Is the Scope of the $773.5M Modification? The Department of War...
The Defense Counterintelligence and Security Agency has released a draft request for proposals for the Case Processing Operations Center, or CPOC, 2.0 contract for federal background investigations support services. According to the notice posted on SAM.gov Thursday, the agency will award an indefinite-delivery/indefinite-quantity contract as a smal...
Shield AI has agreed to acquire simulation software company Aechelon Technology as part of efforts to expand its technological capabilities. The San Diego-based defense and aerospace technology company said Thursday it is also raising $1.5 billion in a Series G funding round at a post-money valuation of $12.7 billion, alongside $500 m...
Parsons Government Services has secured a potential $98.5 million task order from the Air Force Research Laboratory to support command and control, space, and intelligence, surveillance and reconnaissance software development under the second iteration of the Global Application Research, Development, Engineering and Maintenance program. T...
SentinelOne, a company specializing in artificial intelligence security, has promoted Barry Padgett to president and chief operating officer. The appointment takes effect immediately and coincides with the transition of Sonalee Parekh into the chief financial officer role, the Mountain View, California-based company said Tuesday. What...
Anduril Industries and Palantir Technologies are helping develop software for the potential $185 billion Golden Dome next-generation missile defense shield, The Wall Street Journal reported Tuesday. The companies are part of an industry consortium working to deliver a command-and-control platform that would process data from disparate sources and en...
Sean Vineyard has assumed new responsibilities as senior vice president of growth operations at Tria Federal. The Arlington, Virginia, company said in a LinkedIn post Wednesday that Vineyard will lead efforts to drive enterprise business development and execute its capture and growth strategy. “I’m excited for the opportunity to deliver ...
