The merger implies a $638 million pro forma equity value and $370 million enterprise value for Space-Eyes The combined company will keep the Space-Eyes name and plans to trade on Nasdaq under the ticker CUAS The company’s CATE AI engine fuses radar, RF and satellite feeds into a single air picture Geospatial intelligence and counter-drone...
HII posted $3.4 billion in fiscal 2026 second-quarter revenue The company logged $6.7 billion in new contract awards, bringing total backlog to $57.3 billion The 2026 Navy Summit will explore AI, shipbuilding, digital engineering and more HII reported $3.4 billion in fiscal 2026 second-quarter revenues, up 10.9 percent year-over-year, and ended the ...
Kleiner Perkins and ICONIQ led the round, joined by CapitalG, Lightspeed, ARK Invest and others The Space Force awarded K2 a $22.9 million contract for two Enterprise Space Terminals CEO Karan Kunjur said the raise positions K2 to build up to 100 large satellites a year Satellite manufacturer K2 Space closed a $500 million Series...
Brandon Spencer has joined Compass Strategy Design as CFO and will oversee the company’s financial management and stewardship functions Spencer brings more than a decade of financial leadership experience with government contracting and defense-sector companies He most recently served as finance director at Anduril following its acquisition of...
The all-cash transaction, valued at $450 million, is expected to close in the fourth quarter of 2026 pending regulatory approval Raft’s technology uses AI and open-architecture software to fuse data from multiple sources and support real-time decision-making The acquisition strengthens Leonardo DRS’ push into software-driven mission capa...
CACI has landed a $500 million contract to deliver its SkyValor counter-drone technology to Joint Interagency Task Force 401 The three-year indefinite-delivery, indefinite-quantity contract will enable the company to push SkyValor to full-rate production JIATF-401 had ordered four SkyValor units in a separate contract CACI announced Thursday that it...
Under the DHA contract, the 12 selected companies stand to share a combined $300 million to support PEO DHMS deployment activities The awardees will provide services and materials to support on-demand deployment of healthcare IT products and related systems The contract includes a one-year base period and four option years, with ordering authority e...
The Senate has approved a resolution advancing Roger Mason’s NRO nomination Mason joined V2X in 2025 as chief growth officer The 2026 Intel Summit will explore AI, OSINT and cybersecurity The Senate has moved to advance the nomination of V2X Chief Growth Officer Roger Mason to serve as director of the National Reconnaissance Office. As...
Fifteen companies have secured spots on a Space Force IDIQ contract Contract performance is slated to run through July 2032 The 2026 Navy Summit will explore AI, autonomous systems and more The U.S. Space Force has awarded 15 companies positions on a potential $981 million indefinite-delivery/indefinite-quantity contract to develop test and range ca...
Hughes will run PCI Federal’s AI practice and build out its advanced technology group His focus is moving agencies past AI experimentation into secure, mission-fit deployment He was a DARPA program manager from 2006 to 2011 and founded the agency’s Adaptive Execution Office PCI Federal has appointed Todd Hughes as vice president of AI st...
