SandboxAQ has closed its Series E financing round, raising over $450 million in capital. The company said Friday it will use the funding to accelerate innovation in quantitative artificial intelligence and broaden its reach across critical industries. According to SandboxAQ, the investments highlight the investors’ confidence in its large quan...
Patrick Markus shared on LinkedIn two weeks ago that he has been appointed vice president and general manager of the defense and government systems division at Hughes, an EchoStar subsidiary. The executive oversees the profit and loss division, driving the adoption of the company’s commercial communication technologies, inc...
The National Security Agency has awarded Leidos a potential five-year, $390 million contract to provide signals intelligence capabilities, analysis, engineering and reporting tools. Leidos said Thursday the single-award contract has a one-year base term and four option years. “Tailored and unique SIGINT solutions for the military and intellige...
Boeing has received a U.S. Navy order worth $133.5 million to provide Phase 2 software development, integration and device installation support for systems used by the South Korean government to train its air force on the P-8A Poseidon maritime patrol and reconnaissance aircraft. The Department of Defense said Wednesday the Naval Air Warfare Center ...
Tony Mitchell, a former U.S. Air Force officer, has been appointed chief growth officer and chief technology officer at Peerless Technologies. The electronic warfare and cyber & systems engineering services company said Wednesday Mitchell will oversee its growth strategies with a focus on expanding existing programs and capturing new b...
By Aparna Achanta, Principal Security Lead, IBM Shadow software-as-a-service refers to unauthorized cloud applications used within an organization. Shadow SaaS is a challenge in modern IT governance. IT teams lack oversight and monitoring of unapproved applications making it difficult to effectively govern shadow SaaS. A recent NextDLP survey o...
AeroVironment stockholders have approved the issuance of AV common stock for the acquisition of the defense engineering company BlueHalo. In a statement posted Tuesday, Wahid Nawabi, chairman, president and CEO of AV, said the milestone will enable his company to move forward with BlueHalo’s acquisition and turn AV into a leading def...
Todd Borkey has been selected as chief technology officer at Peraton. The national security company said Tuesday Borkey will spearhead the development and implementation of its technology strategy, research and development portfolio. He will also oversee the formulation of strategic campaigns to generate new capabilities and market-a...
The U.S. Army has awarded 11 companies positions on a potential eight-year, $378.7 million contract to provide life cycle support for the military branch’s live training ranges and combat training centers. The Department of Defense said Tuesday Army Contracting Command launched an online solicitation and received 11 offers for the third iterat...
The Defense Advanced Research Projects Agency has issued a notice soliciting proposals for a potential $700 million task order for the procurement of installation and configuration services for a large format visual media systems printer. MANNUS Task Order Scope According to the notice posted on SAM.gov Friday, DARPA is seeking potential contra...
