RTX subsidiary BBN Technologies has secured a potential five-year, $125 million contract from U.S. Transportation Command to provide a suite of tools to support the development of simulation and modeling environments. What Is the Scope of the USTRANSCOM IDIQ Contract? The Department of War said Monday the indefinite-delivery/indefinite-quantity cont...
The National Institutes of Health, or NIH, has released a request for proposals for a potential $3 billion professional, scientific and technical support services contract. What Is the Scope of the NIH Contract? According to the solicitation notice posted Thursday on SAM.gov, the multiple-award contract covers a broad range of services for...
Overmatch Ventures has raised a $250 million second fund to expand investments in early-stage companies focused on defense, space and deep technology sectors. What Is the Investment Focus for Fund II? The venture capital firm said Tuesday the oversubscribed raise, which builds on its $70 million debut fund, will be utilized to expand Overmatch&...
Performance Drone Works has raised more than $110 million in a Series B financing round to scale military drone production, strengthen engineering capabilities, expand product offerings and support future growth initiatives and other strategic programs. The latest funding round reflects continued investment activity across the defense technology and...
The Department of State has released a sources sought notice for a potential follow-on to the Diplomatic Platform Support Services, or DiPSS, indefinite-delivery/indefinite-quantity contract. What Is the Purpose of the Notice? According to the notice published Thursday on SAM.gov, the State Department’s global acquisitions office is solic...
HII has appointed Christie Miller and Christian Ortego to vice president roles at its Newport News Shipbuilding division as the company continues leadership transitions supporting its naval shipbuilding operations. Miller will be promoted to vice president of communications, while Ortego will join as vice president and chief counsel, HII said. Both ...
Raytheon, an RTX business, has received two contract modifications with a total value of $966.7 million from the Missile Defense Agency to support continued development and sustainment of the Army Navy Transportable Radar Surveillance Control Model-2, or AN/TPY-2, system. What Is the Scope of the $773.5M Modification? The Department of War...
The Defense Counterintelligence and Security Agency has released a draft request for proposals for the Case Processing Operations Center, or CPOC, 2.0 contract for federal background investigations support services. According to the notice posted on SAM.gov Thursday, the agency will award an indefinite-delivery/indefinite-quantity contract as a smal...
Shield AI has agreed to acquire simulation software company Aechelon Technology as part of efforts to expand its technological capabilities. The San Diego-based defense and aerospace technology company said Thursday it is also raising $1.5 billion in a Series G funding round at a post-money valuation of $12.7 billion, alongside $500 m...
Parsons Government Services has secured a potential $98.5 million task order from the Air Force Research Laboratory to support command and control, space, and intelligence, surveillance and reconnaissance software development under the second iteration of the Global Application Research, Development, Engineering and Maintenance program. T...
