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GlobalFoundries (Nasdaq: GFS) will manufacture semiconductors for use in national security systems under a $117 million agreement with the Department of Defense. DOD said Monday its investment under the Defense Production Act Title III is a follow-on to an $8 million contract awarded to the company in 2021 and will give defense and aerospace custome...
NuScale Power will begin trading Tuesday, May 3, on the New York Stock Exchange after it completed its merger with blank check company Spring Valley Acquisition (Nasdaq: SV) that was first announced in December. Shareholders at special purpose acquisition company Spring Valley approved the business combination Thursday and the combined entity will o...
The Department of Veterans Affairs is working to move past its tendency to “take orders” and instead shift towards a vision-driven approach as the department makes progress on its overarching modernization goals. “Inside the VA, as a government bureaucracy, our IT shop has an embedded DNA of taking orders, trying to meet those needs for...
Nand Mulchandani, most recently chief technology officer at the Department of Defense’s Joint Artificial Intelligence Center, has been appointed the first CTO at the CIA. He will bring to the role over 25 years of government and industry experience and help advance innovation in support of the CIA’s mission, the agency said Friday. CIA Direc...
The National Geospatial-Intelligence Agency is developing a process to align commercial technology requirements across the U.S. intelligence community and avoid unnecessary duplication of procurement efforts, SpaceNews reported Wednesday. Frank Avila, deputy director of commercial and business operations at NGA, said the agency will collect informat...
Momentus (Nasdaq: MNTS) has secured a Federal Communications Commission license to use radio frequencies to support communications for the first launch of its Vigoride orbital transfer vehicle. The FCC consulted with other government agencies to authorize Momentus to use radio frequencies to communicate with the spacecraft following its upcoming May...
NASA has awarded approximately $95 million in contracts to 110 small businesses to continue to develop technologies as part of the second phase of a program meant to support space exploration, aerospace ecosystem and other missions. Each Phase II awardees under the Small Business Innovation Research program will get up to $750,000 to build and...
The Federal Aviation Administration has chosen seven companies for a potential $271.9 million small business set-aside contract to provide augmentation or backup services to the agency’s automated aviation weather observing systems at U.S. airports. FAA named the awardees for the multiple-award weather observation services contract in a notice...
Software as a service company Hypori has secured an investment from David Petraeus, a retired U.S. Army general and former director of the CIA. Jared Shepard, president and CEO of Hypori, said in a statement published Wednesday the support from Petraeus, who champions defense technological innovation, underscores the company’s efforts to provi...
Amy Gowder, chief operating officer of Aerojet Rocketdyne (NYSE: AJRD) over the past two years, will formally join General Electric‘s (NYSE: GE) aviation subsidiary on May 9 to serve as president and CEO of military systems operation. She will report to John Slattery, president and CEO of GE Aviation, and oversee a portfolio of engine...
