ASRC Federal’s Facilities & Logistics subsidiary has secured an Air Force Industrial Product-Support Vendor contract The Defense Logistics Agency awarded the 10-year contract valued at up to $1.5 billion The company will use its proprietary management information system to support the maintenance of three Air Force logistics bases in the U...
DOW will invest about $10 billion in materiel production More than 30 announcements span three investment categories Attend the Potomac Officers Club’s DOW summits this summer The Department of War will invest approximately $10 billion in materiel production, supporting more than 4,000 defense industry jobs across Pennsylvania. Attend the Poto...
The IDIQ covers Archer FPV drones plus support equipment, testing and training Neros builds its drones without Chinese parts and says Archer holds the highest production rate of any U.S.-built drone The Army wants systems under $2,000 apiece and has sought up to 10,000 drones delivered in a year The Army has awarded Neros a...
Tyto Athene has tapped Art Boghozian to lead DOW-related business development efforts Boghozian will drive growth across the armed forces and joint commands Explore AI and other defense modernization priorities at POC’s DOW summits this summer Tyto Athene has appointed Art Boghozian, a defense business development executive with more than 15 y...
USSOCOM has tapped Lockheed Martin for up to $10.53 billion logistics deal spanning 12 years The award covers global sustainment for special operations aircraft, vessels and ground vehicles The contract also folds in facility upkeep, supply chain and IT support duties The U.S. Special Operations Command has awarded Lockheed Martin the potential...
Salim Omar has moved from acting to permanent chief financial officer of Peraton Omar served financial leadership roles in companies, including Perspecta and MANTECH He became acting CFO this year following the resignation of Peraton CFO Ken Sharp Peraton announced Wednesday that acting Chief Financial Officer Salim Omar has been permanently appoint...
The Space Force has issued a draft solicitation for its payload processing management effort Comments are due Aug. 6, ahead of a final RFP expected in early fiscal year 2027 The 2026 Air and Space Summit will explore AI, commercial space relay, Golden Dome and more The U.S. Space Force’s Space Systems Command has released...
Agile Defense will provide its Workforce AI tool to support NORAD and USNORTHCOM The company will build the prototype of a new AI training and engineering delivery model The FDE&T model combines AI instruction with forward-deployed technical support teams Agile Defense has secured a $100 million other transaction authority agreement to deliver i...
PsiQuantum has promoted Victor Peng to permanent CEO Technology executives Rob Soderbery and Sriram Sitaraman have joined the leadership team New hires will advance silicon photonics and IT strategy PsiQuantum has appointed Victor Peng, most recently interim chief executive officer, as permanent CEO as part of a series of executive leadership appoin...
Goldman Sachs Alternatives’ growth equity arm led the round, with AMD Ventures, Ericsson, LG Technology Ventures and Maximus participating The raise brings the AI infrastructure software firm’s total capital to $260 million Its PaletteAI platform gives teams a single operating model for GPU clusters, AI factories and distributed inferenc...
