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Christopher Hamilton will succeed Ed Sheehan, Jr. as president and CEO of Concurrent Technologies Concurrent Technologies announced Sheehan’s retirement in January Hamilton will assume his new post on June 29 Concurrent Technologies Corp. announced Wednesday that it has selected Christopher Hamilton to replace retiring president and CEO Ed She...

Leidos has landed a potential $270 million CBP contract to supply medium energy mobile systems The company will deliver up to 100 MEMS over a five-year ordering period MEMS will support border security efforts by screening vehicles and cargo for contraband, weapons and currency Leidos has been awarded a potential $270 million contract by Customs...

The Air Force has awarded production contracts to General Atomics and Anduril for their CCA Six vendors have won separate autonomy software contracts, with the Air Force planning to pick a primary provider by summer 2027 The service wants roughly 1,000 CCA total and has requested close to $1 billion to start buying them in...

Twenty has closed a $100 million Series B funding round Series B has brought Twenty’s total funding to $138 million The Potomac Officers Club’s 2026 DOW summits will feature discussions about AI, cyber resilience and more Cybersecurity company Twenty has secured $100 million in a round of Series B financing led by Accel to expand...

SandboxAQ has received a $500 million CHIPS award from the Commerce Department Under the definitive agreement, SandboxAQ will advance U.S. semiconductor material supply chains The company will support the development of PFAS-free chemicals, rare earth-free magnets, catalysts and battery technologies SandboxAQ has secured a $500 million award from th...

IntelliWare Systems has landed a $145 million contract to support intelligence analysis at the FBI’s Threat Screening Center The single-award deal, issued through GSA’s Multiple Award Schedule, covers threat information sharing across federal, state and local law enforcement agencies CEO Rick Wagner said the work backs the center’s...

SpaceX has exercised its option to acquire Cursor for $60 billion The acquisition is expected to close in the third quarter of 2026 The 2026 Air and Space Summit will explore AI, commercial space relay and more SpaceX has agreed to acquire Cursor’s parent company, Anysphere, in an all-stock transaction valued at $60 billion as...

Empower AI has secured a potential $255 million DISA J6 Service Delivery contract The award covers Pentagon and National Capital Region enterprise IT operations The 2026 Army Summit, happening tomorrow, will examine the interconnected battlefield, AI and more Empower AI has won a potential five-year, $255.4 million recompete contract from the Defens...

“AI-enabled technologies are helping soldiers detect explosive hazards, identify cyber threats and improve battlefield awareness The Army is using AI to accelerate acquisition processes Army officials and industry executives will discuss AI adoption, experimentation and deployment at the 2026 Army Summit The U.S. Army has implemented arti...

U.S. and Iran have signed a preliminary agreement to extend a ceasefire and reopen the Strait of Hormuz Officials have discussed sanctions relief and a potential $300 billion reconstruction fund The 2026 Army Summit will feature discussions about AI, wireless spectrum and the future of the tactical edge The U.S. and Iran have signed a...