Charles Faulkner, a national security and intelligence leader, has joined QinetiQ Group’s U.S. subsidiary as vice president of business development for the national and global security solutions business. He disclosed the move in a LinkedIn post published Wednesday. In his current role, Faulkner will advance development and growth initiatives at Q...
NVIDIA (Nasdaq: NVDA) reported a 126 percent growth in full-year revenue to $60.9 billion for fiscal 2024 that ended January 28, while its quarterly revenue hit $22.1 billion, a 22 percent jump from the third quarter. “Accelerated computing and generative AI have hit the tipping point,” Jensen Huang, founder and CEO of NVIDIA, said in...
The Bureau of Indian Affairs within the Department of the Interior has begun seeking proposals for a potential $500 million indefinite-delivery/indefinite-quantity contract covering information technology support services. The ITSS contract vehicle has an ordering period of 10 years and encompasses support services in seven task areas: data and anal...
Hughes Network Systems will provide software-defined auto-PACE platforms and related modems for the space and defense subsidiary of SES in support of the latter’s contract work on the Air Force Research Laboratory’s Defense Experimentation Using Commercial Space Internet program. Under a deal with SES Space & Defense, Hughes said Wednesd...
The U.S. Army has awarded five companies positions on a potential five-year, $99 million contract to provide analytical services to support the assessment of surface, air, electromagnetic spectrum, directed energy, cyber, space and other non-nuclear munitions. Army Contracting Command received six offers for the multiple-award, cost-plus-fixed-fee c...
KBR (NYSE: KBR) presented strong fourth quarter and full year 2023 results. In Q4 and full year, revenue increased 7.6 percent and 6 percent year-over-year to $1.73 billion and $6.95 billion. Besides reporting solid results, the provider of science, technology and engineering products and services to governments and industry clients shared its finan...
High Point Aerotechnologies, a portfolio company of private investment firm Highlander Partners, has acquired Flex Force Enterprises for an undisclosed amount as part of a push to expand its portfolio of counter-unmanned aircraft systems and broaden its footprint in the drone security market. Portland, Oregon-based Flex Force is the maker of the Dro...
Peraton‘s space and intelligence business segment received over $1.2 billion in contract awards in 2023 to support various classified government programs. The company said Tuesday the contracts encompass mission support in areas such as space ground systems, space domain awareness, satellite ground stations, cyber and signals analysis, forensi...
Jim Fritz, a business development and technology industry leader, has joined SRI International as senior vice president of federal and strategic program development. He announced the move in a LinkedIn post published Tuesday. In this capacity, Fritz will oversee strategy and business development for the California-based nonprofit research and develo...
Rocket Lab USA (Nasdaq: RKLB) will receive $120 million in equipment financing from Trinity Capital (Nasdaq: TRIN), a provider of venture debt financing to venture capital-backed companies. The new debt facility will be used to support Rocket Lab’s expansion plans and finance the procurement of testing equipment and development of additional m...
