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The Department of Energy has selected 20 companies that will receive Bipartisan Infrastructure Law funds totaling $2.8 billion to grow the battery supply chain for the power grid, as well as electric vehicles and associated components. DOE said Wednesday the awards will support the establishment and expansion of commercial-grade domestic factories f...

Lockheed Martin (NYSE: LMT) will serve as the principal contractor on a State Department-cleared $162 million foreign military sale of sustainment items and services for Australia’s fleet of MH-60R submarine hunter and anti-surface warfare helicopters. The proposed sale will add pieces of non-major defense equipment to a previously awarded FMS...

Trend Micro has formed a committee composed of six executives currently working in the U.S. government as the cybersecurity company targets a 15 percent footprint growth in the federal market. Members of the U.S. Federal Excellence Committee represent agencies that provide oversight of the critical infrastructure, energy, finance and transportation ...

Palantir Technologies (NYSE: PLTR) has appointed four new members to its federal advisory board to provide insights on national security, supply chain and logistics, public health infrastructure and other issues to help the company meet the evolving needs of U.S. government customers. The federal advisory board was formed in March to provide advice ...

Herndon, Virginia-based FalconTek has acquired Core Mission Solutions for an undisclosed sum as part of efforts to broaden the service-disabled veteran-owned small business’ support to defense, intelligence community and federal law enforcement agency clients. FalconTek said Wednesday CMS CEO David Courtney will join the company as executive v...

L3Harris Technologies (NYSE: LHX) has made an investment in Seasats to drive collaborative development and advance the production of the latter’s X3 autonomous surface vehicle designed for military and commercial applications. Daniel Gittsovich, vice president of corporate strategy and development at L3Harris, said in a statement published Wednesd...

Six service-disabled veteran-owned small businesses have been selected to support financial improvement and audit readiness efforts at the Defense Logistics Agency under a blanket purchase agreement worth $181.1 million over five years. The DLA Contracting Services Office received 11 responses to an SDVOSB set-aside solicitation for the firm-fixed-p...

Continental Maritime of San Diego has secured a potential $204.5 million contract to help the U.S. Navy update, repair and maintain a pair of Arleigh Burke-class guided-missile destroyers. The shipyard operator will conduct depot modernization efforts associated with USS Chafee for fiscal year 2023 and USS Momsen for FY 2024 under the firm-fixed-pri...

Teresa Albo, a more than three-decade government and commercial market veteran, has been appointed vice president of business development at Calibre Systems. She will be a member of the corporate leadership team and be responsible for business growth strategies within the defense market, Calibre said Tuesday. Albo joins the Alexandria, Virginia-base...

Reston Virginia-based Octo has promoted Rob Albritton from senior director of the technology company’s artificial intelligence practice to a vice president position. In his new capacity, Albritton will continue to lead Octo’s strategy and vision for AI and machine learning and help grow its tech portfolio for the intelligence, health car...