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Booz Allen CFO Matt Calderone. Calderone commented on Booz Allen Ventures' expansion through new capital commitment.Artificial Intelligence
  • July 22, 2025

    Booz Allen Raises Capital Commitment to Venture Arm to $300M

    Booz Allen Hamilton has increased to $300 million its capital commitment to its venture capital arm as part of efforts
    Lockheed Martin logo. Lockheed Martin landed a $999 million U.S. Air Force contract for JASSM and LRASM lifecycle support.Contract Awards
    • July 22, 2025

      Lockheed Martin Secures $999M Air Force Contract for JASSM & LRASM Lifecycle Support

      Lockheed Martin has secured a $999 million contract from the U.S. Air Force to provide lifecycle support for the Joint Air
      The Navy awarded GDEB a contract modification to supply repair parts for Virginia-class submarines.Acquisition & Procurement
      • July 22, 2025

        GD Electric Boat Gets Potential $160M Navy Contract Modification for Submarine Repair Parts

        The U.S. Navy has awarded General Dynamics Electric Boat a $159.7 million contract modification to establish five contract line-item numbers,
        Kongsberg Defence & Aerospace logo. Kongsberg will be the principal contractor for the NSM CDS FMS to Bulgaria.Foreign Military Sales
        • July 22, 2025

          US Approves Bulgaria’s $620M Naval Strike Missile Coastal Defense System FMS Request

          The Department of State has cleared Bulgaria’s request to purchase Naval Strike Missile Coastal Defense System and related equipment for
          Defense industry veteran Scott McGleish joins QinetiQ US as chief growth officer.Executive Moves
          • July 22, 2025

            QinetiQ US Names Defense Industry Veteran Scott McGleish as Chief Growth Officer

            QinetiQ US has appointed Scott McGleish as its new chief growth officer to accelerate its expansion into strategic growth areas,
            LMI logo. LMI secured a potential $117 million Washington Headquarters Services contract for professional support services.Contract Awards
            • July 21, 2025

              LMI Lands Potential $117M WHS Contract for Professional Support Services

              LMI has secured a potential $116.7 million firm-fixed-price contract from the Washington Headquarters Services to provide professional support services to the
              Analytics with a magnifying glass. VA awarded ThunderYard Liberty JV the DAIMO contract.Acquisition & Procurement
              • July 21, 2025

                ThunderYard Liberty JV Wins $276M VA DAIMO Data & Analytics Support Contract

                The Department of Veterans Affairs has awarded a potential five-year, $276 million contract to a joint venture of ThunderYard and
                Hadrian logo. Hadrian secured $260 million in funding to build new AI-powered facilities.Artificial Intelligence
                • July 21, 2025

                  Hadrian Secures $260M Funding for New AI-Powered Facilities

                  Hadrian, a company specializing in artificial intelligence-powered factories, has secured $260 million in capital to construct new facilities to expand manufacturing
                  Jerry McGinn. McGinn has been named director of the CSIS Center for the Industrial BaseExecutive Moves
                  • July 21, 2025

                    Jerry McGinn Joins CSIS to Lead Center for the Industrial Base

                    The Center for Strategic and International Studies will announce today the appointment of Jerry McGinn, a GovCon thought leader and
                    York Space Systems logo. York's parent company is acquiring ATLAS Space Operations.M&A Activity
                    • July 21, 2025

                      York Space Systems’ Parent Company Buying ATLAS Space Operations to Support Golden Dome Effort

                      York Space Systems’ parent company is acquiring ATLAS Space Operations to secure access to the latter’s software-led ground architecture offering.
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