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The U.S. Air Force has awarded Lockheed Martin a contract with a ceiling value of $328.5 million to support the production of infrared sensing and navigation hardware for Taiwan under the foreign military sales program. What Does the Lockheed IRST Contract Cover? The sole-source contract supports Infrared Search and Track, Sniper, and Low Altitude N...
BigBear.ai has completed its acquisition of Ask Sage, a generative artificial intelligence platform designed for government and regulated industries, in a cash transaction valued at approximately $250 million. How Does the Ask Sage Acquisition Benefit BigBear.ai? BigBear.ai said Wednesday the transaction will help expand its presence across de...
The Defense Microelectronics Activity has awarded 10 companies positions on the potential 10-year, $25.36 billion Advanced Technology Support Program V, or ATSP V, multiple-award contract for engineering development support services. Which Companies Were Selected for the ATSP V Contract? The Department of War said Tuesday the 10 companies eligi...
In January 2025, President Donald Trump issued an executive order to build the Golden Dome, an integrated defense system to protect nations against ballistic, cruise and hypersonic missile threats. The Golden Dome will be a “system of systems,” combining different capabilities to detect, track and intercept threats from an adversary...
Artificial intelligence platform developer ServiceNow has agreed to acquire Armis for $7.75 billion in cash to expand its security workflow offerings and drive artificial intelligence-based proactive cybersecurity across connected devices in support of government agencies, companies and critical infrastructure. Don’t miss the Potomac Officers Club...
The Department of Government Efficiency announced that federal agencies have canceled 55 contracts with a total ceiling value of $863 million over the last five days, resulting in approximately $261 million in savings. Which Government Contracts Were Terminated? In a post on X Tuesday, DOGE said the canceled contracts include a $4.5 million Departme...
Dataminr has appointed Balaji Yelamanchili as president and chief operating officer as the company integrates ThreatConnect and scales its real-time, artificial intelligence-driven intelligence platform. Yelamanchili joins Dataminr shortly after the company closed its $290 million acquisition of ThreatConnect, where he previously served as CEO, acco...
Artificial intelligence technology company Groq has signed a non-exclusive licensing agreement with NVIDIA, allowing the latter to access Groq’s inference technology to expand and advance high-performance AI inference. Attend the Potomac Officers Club’s 2026 Artificial Intelligence Summit on March 19, which will feature top voices from agencies ...
Beth Michelson, chief financial officer of NorthStar Earth & Space, has assumed additional responsibilities as president of the company’s U.S. subsidiary. NorthStar said Wednesday Michelson’s appointment aims to reinforce the company’s commitment to U.S. space defense innovation and expand the company’s presence in the U....
Orbit Fab has appointed Jeff Lints as chief commercial officer as the company prepares for its first commercial on-orbit refueling demonstration and deployment of its refueling spacecraft for flight qualification. Who Is Jeff Lints? Before joining Orbit Fab, Lints served as the founder and CEO of Fortius Metals, where he focused on commercializing a...
