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Sapphire Ventures will invest more than $1 billion in enterprise artificial intelligence startups, including companies focused on developing generative AI, enablers and middleware, foundation models and other next-generation AI applications. “We look forward to partnering with companies that are not only improving existing workflows and softwa...
The U.S. Space Force has released the second round of draft requests for proposals incorporating industry feedback from the first draft solicitations and describing the “dual-lane” approach to acquisition under the third phase of the National Security Space Launch program. Space Systems Command said Friday over 20 vendors participated in an ...
A limited liability company formed by Amentum, Fluor (NYSE: FLR) and Babcock International Group’s Cavendish Nuclear subsidiary has won a potential 10-year, $5.87 billion contract to perform decontamination and decommissioning work on a gaseous diffusion plant site in Portsmouth, Ohio. Southern Ohio Cleanup Company will demolish and dispose of...
Mike Cosgrave, a former partner at Guidehouse, was appointed chief operating officer at Tria Federal, where he will oversee the information technology and advisory services provider’s administrative and operational functions. The management and technology executive with 25 years of experience previously held the same position at IT and service...
Lockheed Martin (NYSE: LMT) will continue providing the U.S. Navy with AN/SQQ-89A (V) 15 anti-submarine warfare systems, spares and support services under a $100 million contract modification. The Department of Defense said Thursday Lockheed’s rotary and mission systems business was contracted for work on Hypervisor Technology Zero AN/SQQ-89A ...
The U.S. Transportation Command has made modifications to its contract with 11 shipping companies to ensure continuous delivery of transportation and distribution support services. Contract modifications were awarded under the International Ocean Transportation and Intermodal Distribution Services program to cover worldwide shipping services from Se...
The Biden administration has released its first iteration of a multi-year plan to implement the U.S. federal government’s new national strategy to defend cyberspace. The implementation plan outlines more than 65 high-impact initiatives assigned to specific federal agencies and aligned with the five pillars and 27 strategic objectives of the Na...
The Defense Advanced Research Projects Agency has started a program that aims to make microelectronic technology more resistant to the effects of radiation in a space environment by implementing a testing system for 3D heterogeneously integrated chips. DARPA said Thursday the Advanced Sources for Single-event Effects Radiation Testing effort will pu...
Geospatial data analytics company HawkEye 360 has raised $59 million in a Series D-1 funding round and intends to use the new capital for space system development and defense mission support expansion. The financing activity was led by investment firm BlackRock, with the additional backing of seven other companies, HawkEye 360 said Thursday. Ma...
The Swift Group, a Reston, Virginia-based IT services provider, has acquired OPS Consulting for an undisclosed sum to expand technology offerings for the Department of Defense and the intelligence community. Holton Yost, president and CEO of Swift, said in a statement released Thursday the acquisition will help the company to execute its long-term g...
