HawkEye 360 priced its initial public offering at $26 per share. The company is targeting roughly $416 million through its NYSE debut. HawkEye 360’s shares climbed about 30 percent after trading began. HawkEye 360 has priced its initial public offering at $26 per share, with the signals intelligence data and analytics company expecting to...
Cerebras Systems has announced plans to launch an initial public offering of its Class A common stock to expand its position in the artificial intelligence computing market. What Does Cerebras’ IPO Plan Involve? The Sunnyvale, California-headquartered company said Monday it plans to offer 28 million shares of Class A common stock, with underwriter...
The Department of Veterans Affairs has awarded Encore JV1 a potential five-year, $153 million contract to provide contact center staffing support for the Veterans Experience Office, or VEO, according to an award notice published Thursday on SAM.gov. What Is the Scope of the Contract? Encore JV1 will provide staffing and operational support...
Astranis has secured $450 million in new capital to expand production of spacecraft designed for geostationary orbit and other high orbits to support U.S. government programs of record. As Astranis expands production to support growing national security demand for high-orbit communications systems, government and industry stakeholders continue to fo...
Peraton has named former Army Under Secretary Gabe Camarillo president of its defense sector. The company said Thursday the move aims to strengthen its executive leadership team as it expands support for military modernization and mission-critical defense programs. In his new role, Camarillo will lead initiatives to deliver advanced technologies and...
Rocket Lab has signed a definitive agreement to acquire California-based Motiv Space Systems, adding space robotics and precision spacecraft mechanism technologies to its space systems portfolio. The company said Thursday the acquisition supports its vertical integration strategy and expands its capabilities for planetary exploration, national secur...
The U.S. Air Force has awarded four companies spots on a potential $866 million multiple-award contract to provide services for the National Air and Space Intelligence Center, or NASIC. As the Air Force advances intelligence and mission support capabilities through NASIC contract awards, the Potomac Officers Club’s 2026 Air and Space Summ...
The Department of War’s Chief Digital and Artificial Intelligence Office has increased the ceiling value of its production other transaction authority agreement with Scale AI from $100 million to $500 million. As the Pentagon expands enterprise AI adoption through production OTAs and other contract vehicles, government and industry leaders con...
Lockheed Martin has named Orlando “OJ” Sanchez president of its aeronautics business, succeeding Greg Ulmer, who will retire after more than three decades with the company. The leadership transition takes effect June 1, Lockheed said Wednesday. Industry leaders like Sanchez and Ulmer will speak at the Potomac Officers Club’s 2026 A...
HII reported $3.1 billion in revenue for Q1 FY26. HII President and CEO Chris Kastner shared that shipbuilding throughput continues to improve. The company reaffirmed its FY26 financial guidance. HII has posted revenues of $3.1 billion, a 13.4 percent year-over-year increase, in the first quarter of fiscal year 2026. In an earnings...
