Zapata AI, an industrial generative artificial intelligence software company, is set to begin trading on Monday, April 1, on Nasdaq after it completed its merger with special purpose acquisition company Andretti Acquisition (NYSE: WNNR). The combined entity will operate as Zapata AI and list its common stock and warrants on Nasdaq using the ticker s...
The Department of Energy has awarded 14 companies positions on a potential 10-year, $900 million follow-on contract to support the development, management, maintenance and operation of energy data collection programs and systems. The fifth iteration of the Energy Information Administration Omnibus Procurement vehicle also covers the development, mai...
Bill Luebke, formerly principal accounting officer, senior vice president and controller at Peraton, has been named chief financial officer at Agile Defense, succeeding Daniel Yuly, who will transition into a new role at the company. Luebke will be responsible for overseeing the overall financial management and strategy functions at Agile Defense an...
BAE Systems has secured a five-year, $318 million contract to help the U.S. Army sustain its fleet of self-propelled howitzers and carrier, ammunition, tracked vehicles. The company said Wednesday it will provide engineering and logistics services to deliver new capabilities, maintenance and testing for the Army’s M109A6 and A7 howitzers and t...
Defense and intelligence services firm Mission Essential has appointed Mark Quantock, a retired U.S. Army major general, as chief operating officer and Scott “Dutch” Murray, a retired U.S. Air Force colonel, as vice president of growth. Mission Essential announced the executive appointments in a LinkedIn post published Wednesday. Quantock most r...
Lockheed Martin (NYSE: LMT) has secured a $439.9 million contract modification from the U.S. Navy to help military services activate sites and carry out initial aircraft sustainment activities for their F-35 aircraft fleet. The modification covers the provision of support equipment, pilot flight equipment, post-ejection survival training material an...
Park Place Technologies has acquired SDV Solutions, a provider of client-centric data center infrastructure platforms for federal government agencies, for an undisclosed sum as part of efforts to expand its portfolio of managed services, professional services, hardware maintenance and other information technology services for federal clients. Establ...
The U.S. Department of Defense’s messaging on future fights has been clear: if a geopolitical conflict were to arise that necessitated American participation, the country would not go at it alone. Relationships with international allies are crucial today and looking into the future, which is why Potomac Officers Club is holding an event of utmost...
Fairbanks Morse Defense, a portfolio company of private equity firm Arcline Investment Management, has purchased AMMCON as part of efforts to expand the delivery of critical components and turnkey services to the U.S. Navy, Coast Guard, Military Sealift Command and other marine defense customers. AMMCON is a Jacksonville, Florida-based provider of c...
A General Dynamics (NYSE: GD) subsidiary has won a potential $343.7 million contract from the U.S. Navy to provide modernization, repair and maintenance support services for the USS Bataan (LHD 5) Wasp-class amphibious assault ship. Naval Sea Systems Command launched a full and open competition and received two offers for the USS Bataan (LHD 5)...
