Anduril Industries has raised $1.5 billion in Series F funding round co-led by Sands Capital and Founders Fund and will use the capital to launch a 5 million-square-foot manufacturing facility, called Arsenal-1, to support the mass production of autonomous systems and weapons. The latest funding round brings Anduril’s valuation to $14 billion and ...
Cybersecurity company SIXGEN has acquired Boldend to expand its portfolio with the addition of the latter’s cyber automation tools, software and electronic warfare platforms and add engineering and technical talent needed to speed up the development and delivery of capabilities to digital warfighters and support U.S. defense and national secur...
Booz Allen Hamilton (NYSE: BAH) has received a potential five-year, $506 million contract from the U.S. Army to build and integrate critical combat systems in support of the military branch’s aviation vertical lift platforms in future multidomain operations. Booz Allen said Tuesday the Army’s Future Vertical Lift Cross-Functional Team an...
Leidos (NYSE: LDOS) highlighted artificial intelligence and other emerging technologies at its seventh annual Supplier Innovation & Technology Symposium on Tuesday. The company said more than 170 partners and suppliers gathered at the event, which included discussions on how emerging tech can help address customer challenges. “Emerging tec...
Dan Budlovsky, a financial executive with years-long industry experience, has joined Kepler Communications as chief financial officer. The satellite telecommunications provider said Tuesday Budlovsky will be responsible for driving strategic financial initiatives to help position Kepler for business growth, innovation and financial success. In a sta...
V2X (NYSE: VVX) reported record revenue of $1.07 billion during the second quarter of 2024, reflecting a year-over-over increase of 10 percent, and posted $759 million in quarterly bookings with a total backlog of $12.2 billion, of which $2.9 billion was funded. The McLean, Virginia-based defense services contractor said Tuesday it recorded $27.4 mi...
Rob San Martin, vice president of the public sector at Akamai Technologies (Nasdaq: AKAM), said government agencies need insights into global cybersecurity trends and incidents to ensure the security of their networks. San Martin wrote in an article published on Carahsoft.com that agencies should work with companies like Akamai that could provide th...
Peraton has appointed Amy Rall, a more than three-decade business growth and technology leader, as president of its citizen security and public services sector. In this capacity, she will oversee the sector’s growth objectives, financial and program performance and help align Peraton’s portfolio of strategic tech investments with the mission req...
Verizon (NYSE: VZ) has secured a $176 million contract to provide the Department of Homeland Security with government emergency telecommunications service and wireless priority service. Verizon Business will perform communications support work over the 10-year period of the contract from the Emergency Communications Division of the Cybersecurity and...
Joseph Bartasius, a retired U.S. Army colonel and now a senior executive in the defense industry, has joined Data Systems Analysts as chief growth officer, according to his LinkedIn announcement on Sunday. Prior to assuming his current role at DSA, Bartasius served as senior principal for Army sector at General Dynamics (NYSE: GD). He was...
