Lockheed Martin is significantly expanding its investment in emerging defense technologies by increasing the capacity of its venture capital arm from $400 million to $1 billion. Why Is Lockheed Martin Expanding Its Venture Fund? The company said Tuesday that the investment marks a 250 percent increase, the largest boost since the fund was estab...
Vibrint has secured three federal contracts worth over $1.2 billion to support high-performance computing, or HPC, and mission IT efforts for national security customers over the next seven years. What Do the New Contracts Cover? The defense technology company said Tuesday the contracts cover the delivery of secure, high-availability products a...
Merlin, an aerospace and defense technology company, has appointed former PsiQuantum executive Mark Brunner as chief revenue officer. What Will Mark Brunner Oversee? The Boston-based company said Monday Brunner will spearhead the development and implementation of its global revenue strategy as it expands its autonomous flight pla...
Radiance Technologies has secured a cost-plus-fixed-fee contract valued at $149.7 million from the Defense Logistics Agency to upgrade and modernize existing infrastructure and instrumentation at the Reagan Test Range on Kwajalein Atoll in the Marshall Islands. The Department of War said Thursday that the contract was awarded on a sole-source basis....
HawkEye 360 has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. As HawkEye 360 advances its proposed IPO, momentum in the signals intelligence sector underscores the broader role of emerging technologies in modern intelligence missions. Attend the 2026 Intel Summi...
As cyber threats grow more sophisticated and federal policy shifts toward a more aggressive posture, government and industry leaders are increasingly moving from reactive defense to proactive, offense-oriented cybersecurity. That evolution will take center stage at Potomac Officers Club’s 2026 Cyber Summit on May 21, where leaders, includ...
The Air Force Research Laboratory, or AFRL, has awarded six companies positions on a $200 million contract to conduct research and development for advanced aerospace vehicle technologies. AFRL’s multiple-award contract underscores the importance of advancing aerospace technologies to strengthen national defense. At the Potomac Officers Cl...
SAIC has appointed Paul Eremenko, an artificial intelligence expert, and Michael Rogers, a retired U.S. Navy admiral and a three-time Wash100 awardee, to its board of directors. The company said Thursday Eremenko and Rogers will serve on the board’s audit committee and technology committee. Their appointments increase the board’s size fr...
CACI International has secured a potential seven-year, $287 million contract from the U.S. Army to continue modernizing the military branch’s Integrated Personnel and Pay System-Army, or IPPS-A. As efforts like IPPS-A modernization highlight the Army’s push toward advanced digital capabilities, government and industry leaders continue to...
Lentech has appointed longtime executive Mike Majarov as chief innovation and information technology officer, signaling a push to scale its technology strategy as the company expands its footprint in cloud, cybersecurity and digital modernization. Majarov will oversee enterprise architecture, infrastructure and emerging technology development, inclu...
