Exiger has appointed Adi Kavaler as chief technology officer. The company said Thursday that Kavaler, who previously served as an executive at Zilliant, will lead efforts to accelerate and scale its artificial intelligence platform. “We’re bringing the market to the bleeding edge with an AI-native product development lifecycle and platfo...
Leidos has won a potential five-year, $869 million contract from the U.S. Army to support efforts to accelerate military decision-making through artificial intelligence and advanced technologies. As Leidos advances AI-driven capabilities under its latest Army contract, defense leaders will gather to discuss similar modernization priorities at the Po...
Parsons has reported $1.49 billion in first quarter 2026 revenue, down 4 percent year over year, while setting a quarterly record in adjusted EBITDA. What Were Parsons’ First Quarter Results? Excluding a confidential contract, the Chantilly, Virginia-based company said Wednesday that total revenue increased 8 percent and organic revenue r...
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...
