CesiumAstro has secured $470 million in Series C growth funding to accelerate U.S. expansion and scale production of its space and defense communications platforms. How Will CesiumAstro Use the Series C Fund? CesiumAstro said Monday the new funding will support growth initiatives planned for 2026, including expanded manufacturing capacity; faster de...
The 2026 GovCon Executive Leadership Summit is the Davos of GovCon: where top executives will meet to discuss the future of GovCon These speakers don’t simply observe trends, they steer billion-dollar portfolios, shape acquisition strategies and drive mission outcomes Learn from top CEOs in GovCon and boost your revenues in 2026—sign up...
Appearing on Fox News Sunday and Meet the Press, House Speaker Mike Johnson, R-La., said congressional leaders are working to resolve the current partial government shutdown and that he expects the U.S. government to reopen by Tuesday. “We’ll get this done by Tuesday, I’m convinced,” Johnson told “Fox News Sunday”...
Hon. Emil Michael doesn’t like the term “valley of death.” Long used to describe the place where promising technology projects go to die between incubation and actually being implemented, it’s become an obstacle — almost a cliche — that the government contracting and tech communities have taken as a given. But at Potomac...
Geoforce has expanded its asset intelligence capabilities with the acquisition of AssetLink Global, a provider of satellite-enabled remote monitoring systems focused on defense and other field-centric industries. Geoforce said Thursday that the transaction strengthens its mission to provide real-time asset intelligence even in the most remote and ha...
Raytheon has received a $1.03 billion contract modification from the U.S. Army to support year two production of the Lower Tier Air and Missile Defense Sensor, or LTAMDS. Get insights into the U.S. Army’s modernization efforts and progress toward its 2030 goals at the Potomac Officers Club’s 2026 Army Summit on June 18. Click here t...
SpyCloud has promoted Trevor Hilligoss to chief intelligence officer and Jason Lancaster to chief investigations officer. The company said Thursday the two longtime executives have been named to the newly created leadership roles as part of its ongoing push to strengthen identity threat protection capabilities and disrupt cybercrime, ...
The State Department has issued a notice seeking information on potential industry sources that could provide IT support services under a potential five-year, follow-on ITSS blanket purchase agreement. According to a sources sought notice published Thursday, the ExecTech Office within the department’s Executive Secretariat intends to compete and a...
HII has named Fatina Brave as vice president of infrastructure and sustainability at its Ingalls Shipbuilding division, placing a longtime shipyard leader in charge of key operational support functions tied to facilities, safety and maintenance. The company said Thursday that Brave succeeds Eric Crooker, who has moved into the role of vice president...
Lockheed Martin reported $75 billion in 2025 sales, up 6 percent from $71 billion recorded the previous year, and ended the year with a record backlog of $194 billion. In an earnings release published Thursday, the Bethesda, Maryland-based aerospace and defense contractor said cash from operations was $8.6 billion and free cash flow was $6.9...
