Defense manufacturer Castelion has raised $100 million in equity and debt financing. The El Segundo, California-based company said Wednesday it will use the capital to increase prototype testing, scale manufacturing facilities and conduct a capability demonstration of its first hypersonic strike weapon. Financing Round Castelion secured $70 million ...
The U.S. Army Corps of Engineers has named seven contractors on a potential $249 million indefinite-delivery contract to provide the Department of Veterans Affairs with architect-engineer services. According to a SAM.gov posting, the awardees are AE Works, Apogee Consulting Group, Burdette, Koehler, Murphy and Associates, Guidon-SES Joint Venture, H...
Executive Mosaic’s GovCon Index marked its best-day performance to start the shortened trading week but slumped the rest of the way. The index, which tracks the stock performances of 30 major government contractors, closed 1.02% lower at $5,016.21 before the weekend and lost -0.10% for the week. US President Donald Trump’s decision to delay impo...
Technology company Alpha Omega has acquired IT contracting firms Macro Solutions and SeKON as part of a push to drive innovation and growth and broaden its offerings for military and federal agency clients. Macro Solutions Purchase Alpha Omega said Thursday the Macro Solutions acquisition will strengthen its national security division, enabling it t...
The Defense Logistics Agency has awarded $4.9 billion in contracts to ASRC Federal and Noble Supply and Logistics to provide maintenance, repair and operations support services at U.S. military facilities. The Department of Defense said Wednesday the DLA Troop Support in Philadelphia received four offers for work in Northeast Zones 1 and 2 thr...
The National Security Technology Accelerator, or NSTXL, has announced several leadership appointments to improve operations and drive growth. Shelley Tweedy Named COO NSTXL said Thursday Shelley Tweedy, who has been with the tech accelerator since 2020, has been appointed chief operations officer. As COO, she will work closely with the executive tea...
Much commotion was made online and in the media over the holiday season regarding reported sightings of unmanned aircraft in the U.S. airspace. In particular, a number of testimonies came from citizens in New Jersey spotting drones in the skies near Picatinny Arsenal and Naval Weapons Station Earle. In news conferences, the Department of Defens...
Marin Halper has been appointed vice president of the Department of Defense and services center at MITRE, he announced on LinkedIn Tuesday In his new role, Halper will lead efforts supporting the National Security Engineering Center within the company’s national security sector. He will supervise a workforce tasked with addressing ch...
The U.S. government and its contractors are keenly focused on getting ahead of potentially devastating threats posed by polyfluoroalkyl substances, known as PFAS, and by outdated critical infrastructure. Susannah Kerr, senior vice president and general manager of federal and environmental solutions at Jacobs, spoke with GovCon Wire about how the com...
Dr. Neil Thurgood joined Anduril Industries in 2023 as senior vice president in charge of the air and ground deterrence unit after a nearly four-decade career in the U.S. Army. The retired lieutenant general is an expert in hypersonics — he was director of hypersonics, space, directed energy and rapid acquisition for the Army. Indeed, ‘rapi...
