A&M Capital Partners has made a majority investment in VTG, which provides digital transformation and modernization platforms for customers in the defense and intelligence community. “This partnership with AMCP will accelerate VTG’s growth trajectory, allowing us to make investments in the emerging capabilities and technologies most needed b...
The U.S. Navy awarded General Dynamics’ (NYSE: GD) electric boat business a $517.2 million contract to supply components and perform maintenance on Virginia-class attack submarines. The contract extends the service branch’s previous procurement and delivery order for spare parts from General Dynamics Electric Boat, which was last modifie...
Jim McConville, a retired U.S. Army general who worked as the service branch’s 40th chief of staff, has joined private equity firm AE Industrial Partners as an operating partner. In this capacity, he will work with AEI’s portfolio companies and assess investment opportunities across the government services and defense sector. David Rowe, man...
ASRC Federal NetCentric has won a potential $489 million follow-on contract from the U.S. Air Force to provide launch operations and infrastructure support services for Cape Canaveral Space Force Station in Florida. The 45th Contracting Squadron at Patrick Space Force Base in Florida received six offers for the indefinite-delivery/indefinite-quantit...
Lisa Mascolo, a more than 20-year technology industry veteran, has been named CEO of GCOM following the government technology firm’s merger with information technology consulting services provider OnCore Consulting. Mascolo, a two-time Wash100 awardee who serves on the board of directors of the combined company, succeeds Kamal Bherwani, who wi...
Josh Watters has been named vice president of defense programs and manufacturing services at the defense and government systems division of Hughes Network Systems, according to his LinkedIn post Tuesday. He joins the satellite network and communications company from Northrop Grumman (NYSE: NOC), where he worked for over two decades, m...
HiddenLayer, a provider of cybersecurity tools for artificial intelligence applications, has raised $50 million in a Series A funding round co-led by Microsoft‘s (Nasdaq: MSFT) venture capital arm M12 and Moore Strategic Ventures. The AI security company said Tuesday it will use the capital to advance the development of its machine learning se...
AeroVironment (Nasdaq: AVAV) completed the purchase of Tomahawk Robotics less than a month after signing a definitive agreement to acquire the developer of artificial intelligence-enabled robotic control and integrated communications systems for $120 million. Commenting on the completion of the cash and stock transaction, Wahid Nawabi, chairman, pre...
United States military officials say the People’s Republic of China has built up its power by observing the economic and governmental behaviors of the U.S. for the last 30 years and taking rigorous notes, adapting and integrating what they’ve found into their own agenda. In recent times, the Chinese government has taken a particular interest...
Logistics are a crucial part of ensuring military readiness, and in an era of increasing competition, attacks on these operations can have heavy consequences. Today, many threats to logistics success are digital, and the U.S. Department of Defense is embracing data to properly address these challenges. According to Maj. Gen. David Sanford,...
