Scout AI has raised $100 million in a Series A funding round to accelerate development of its “Fury” foundation model, designed to coordinate unmanned military systems across domains. The oversubscribed round — co-led by Align Ventures and Draper Associates — is the largest Series A financing in the U.S. defense technology sector to ...
Katie Thompson, deputy executive director of the Army Contracting Command will deliver a keynote address at the Potomac Officers Club’s 2026 Army Summit Thompson brings extensive experience in Army acquisitions and contracting vehicles having served more than 14 years at one of the Army’s largest contracting commands. The 2026 Army Summit ...
Raytheon, an RTX business, has received a $206.2 million contract from the U.S. Navy to integrate advanced Global Positioning System capabilities into a precision landing platform. Efforts such as enhanced GPS integration reflect the Navy’s broader push toward modernization. Explore more strategies shaping naval operations and drivin...
True Anomaly has secured $650 million in a Series D funding round co-led by Eclipse and Riot Ventures to accelerate the development and deployment of space capabilities. Fresh off a Series D funding raise, True Anomaly’s push to scale space superiority capabilities comes as industry and government leaders prepare to tackle the same priorities ...
NASA’s Johnson Space Center is planning to increase the cumulative value of the Commercial Lunar Payload Services, or CLPS, contract from $2.6 billion to $4.2 billion. The space agency said in a SAM.gov notice Monday that it intends to issue a sole-source contract modification to ensure the continuity of all services supporting its missions. A...
Comcast Business has named Sachin Patel vice president of Comcast Government Services, according to a press release the company sent to GovCon Wire on Monday. What Role Will Sachin Patel Play? In his new position, Patel will oversee efforts to grow Comcast Business’ federal portfolio, including managing customer engagement, operational executi...
L3Harris Technologies has finalized a $1 billion investment from the Department of War in its Missile Solutions, or MSL, business, the company said Thursday. How Will L3Harris Use the Funding? The capital will support the expansion and modernization of solid rocket motor production facilities in Camden, Arkansas; Huntsville, Alabama; Orange, Vi...
Exostar has promoted Greg Sengpiel to vice president of aerospace and defense sales, the company announced on LinkedIn Saturday. What Will Greg Sengpiel Oversee in His New Role? In his new role, Sengpiel will lead Exostar’s global go-to-market strategy for its aerospace and defense business, broadening his oversight of the firm’...
Space Systems Command has awarded up to $3.2 billion in other transaction authority agreements to support the development of a space-based missile defense capability under the Space Force’s Space-Based Interceptor program. Don’t miss the Potomac Officers Club’s 2026 Air and Space Summit on July 30 to hear top officials and in...
Ridgefield, Connecticut-based r4 Technologies has launched r4 Public and appointed Mark Heinrich, a retired U.S. Navy rear admiral, as president of the new division focused on delivering artificial intelligence capabilities to civil government and public service organizations. As r4 Technologies launches its r4 Public division to expand AI across ci...
