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Axiom Space has raised $350 million in new financing to advance development of its commercial space station and lunar spacesuits, the human space exploration company said Thursday. How Will Axiom Space Use the Funding? The investment will advance Axiom Station, intended to succeed the International Space Station, or ISS, and support production ...

Naval Supply Systems Command has awarded 24 companies positions on the $55 billion follow-on Worldwide Expeditionary Multiple Award Contract Territorial Integrity of the U.S., or WEXMAC TITUS 2.2, vehicle. As NAVSUP moves forward with major contracting efforts such as the WEXMAC TITUS 2.2 vehicle, government and industry stakeholders continue to tra...

The Department of War’s U.S. Special Operations Command, or USSOCOM, has issued a sources sought notice to assess industry capabilities for a small cruise missile program following the successful completion of a prototype effort. What Is USSOCOM Seeking? According to the notice published Thursday on SAM.gov, USSOCOM’s Program Execut...

By Chuck Brooks, president of Brooks Consulting International The future of innovation in both government and industry will not be distinguished by singular breakthroughs, but rather by the convergence and meshing of a number of different new technologies. Going forward, industries, national security, economic competitiveness, privacy and almost eve...

Peraton has appointed Bob Genter, a federal technology industry leader, as president and chief operating officer, effective Feb. 17. The latest appointment at Peraton comes as GovCon leaders continue to prioritize operational execution, growth strategy and mission delivery across the federal market. Those themes will take center stage at the Potomac...

By Chris Crowder, executive vice president, GovCon, Unanet Across government contracting, many leaders feel good about their pipelines. Opportunity volume looks strong. Backlogs are steady. Capture teams stay busy. On paper, growth appears within reach.  Yet the GovCons that consistently grow are not the ones with the bigges...

Parsons reported $6.4 billion in revenue for fiscal year 2025, while achieving record adjusted EBITDA and net income for the full year. How Did Parsons Perform Financially in Fiscal Year 2025? In an earnings release published Wednesday, the Chantilly, Virginia-based disruptive technology provider said total revenue of $6.4 billion showed a 6 pe...

McLean, Virginia-based Xcelerate Solutions has promoted Chief Risk Officer Danny Olmes to president of aviation security. The company said Tuesday Olmes will lead strategic growth initiatives, operations and delivery efforts in support of the Transportation Security Administration’s programs and partnerships with federal agencies, industry par...

The General Services Administration has issued the initial list of 55 apparently successful offerors on the women-owned small business, or WOSB, pool of the Polaris governmentwide acquisition contract, or GWAC, for IT products and services. As agencies continue to refine major contract vehicles like Polaris, the broader conversation around federal I...