Godspeed Capital has made a strategic investment in GALT Aerospace, establishing the California-based company as a new defense technology platform focused on advancing multi-domain command, control and communications capabilities. The deal positions GALT for accelerated growth as demand rises for Joint All-Domain Command and Control, or JADC2, techn...
Saronic Technologies has secured $1.75 billion in a round of Series D financing led by Kleiner Perkins to accelerate the delivery of autonomous maritime platforms across the defense and commercial sectors. As companies like Saronic scale next-generation autonomous maritime platforms and expand shipbuilding capacity, momentum is building across the n...
Valkyrie Enterprises has appointed Joyner Livingston as senior vice president of mission solutions. The company said in a LinkedIn post Tuesday that Livingston will lead operations, growth strategy and program delivery for its technical services portfolio. “Serving at the intersection of operational domain knowledge, technical expertise, and a...
Amy Hogan has been elevated to chief information officer of Exostar. She becomes the firm’s first CIO in its 26-year history, the Herndon, Virginia-based company said Thursday. What Will Amy Hogan Oversee as CIO? Hogan’s promotion supports Exostar’s expansion under Arlington Capital Partners. She will lead enterprise IT, ...
Cybersecurity and compliance firm Summit 7 has added four executives — Kevin Boucher, Shane Shipley, Armando Ordonez and Amanda Patterson — to its leadership team to support growth initiatives. The leadership expansion at Summit 7 comes as the government contracting community continues to focus on cybersecurity and compliance priorities....
RTX subsidiary BBN Technologies has secured a potential five-year, $125 million contract from U.S. Transportation Command to provide a suite of tools to support the development of simulation and modeling environments. What Is the Scope of the USTRANSCOM IDIQ Contract? The Department of War said Monday the indefinite-delivery/indefinite-quantity cont...
The National Institutes of Health, or NIH, has released a request for proposals for a potential $3 billion professional, scientific and technical support services contract. What Is the Scope of the NIH Contract? According to the solicitation notice posted Thursday on SAM.gov, the multiple-award contract covers a broad range of services for...
Overmatch Ventures has raised a $250 million second fund to expand investments in early-stage companies focused on defense, space and deep technology sectors. What Is the Investment Focus for Fund II? The venture capital firm said Tuesday the oversubscribed raise, which builds on its $70 million debut fund, will be utilized to expand Overmatch&...
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...
