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Tag Archives: funding

HII Newport News Shipbuilding Starts Grant Program for Virginia Community Efforts

TYSONS CORNER, VA, August 21, 2018 — A Huntington Ingalls Industries (NYSE: HII) division has launched a program that aims to fund nonprofit organizations focused on community initiatives that support the Hampton Roads region in Virginia, ExecutiveBiz reported Monday. The company said Friday Newport News Shipbuilding‘s new philanthropic effort called the One …

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Boeing Ventures Arm Invests in UK-Based Hypersonic Propulsion Tech Developer

TYSONS CORNER, VA, April 13, 2018 — Boeing’s (NYSE: BA) HorizonX Ventures division has invested in Reaction Engines in an effort to help the latter develop a hypersonic propulsion technology aimed at enhancing the next generation of hypersonic flight and space access vehicles, ExecutiveBiz reported Thursday. HorizonX Ventures participated in the Series …

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US Air Force Requests Millions for Construction Funding to Improve Aircraft Ranges

In its fiscal year 2018 budget request, the US Air Force (USAF) has requested funding for construction to improve aircraft ranges in Utah and Nevada. This would allow the USAF to utilize the full range of capabilities available to F-35A aircrews, said USAF Chief of Staff General David Goldfein and …

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Billions in Defense Spending to be Withheld Until Trump Submits ISIS Strategy

Of the $15 billion in supplemental wartime spending in the 2017 federal spending bill, $2.5 billion will be withheld until 15 days after the president provides Congress with a strategy to defeat the Islamic State (ISIS). The defense secretary and secretary of state will also be required to update the Armed …

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House Republicans Introduce 1 Week Stop-Gap Funding to Avoid Shutdown

House Republicans introduced a stop-gap funding measure late Wednesday night to keep the government funded through May 5, while lawmakers hammer out final legislation that would fund the government through September. The continuing resolution measure, introduced by House Appropriations Chairman Rodney Frelinghuysen (R-NJ), would keep the government open at current …

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BAE-Led Submarine Replacement Program to Get $1.7B From UK Defense Ministry

TYSONS CORNER, VA, Oct. 4, 2016 — A BAE Systems-led program that seeks to replace the British navy’s Vanguard-class submarines has received an estimated $1.7 billion in funds from the U.K. defense ministry, ExecutiveBiz reported Monday. The company said Saturday the Successor program funds serve to provide for four new submarines with the …

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Salesforce Ventures Invests in Phase One Consulting Group; Dave Rey Comments

TYSONS CORNER, VA, Sept. 6, 2016 — The corporate investment arm of Salesforce (NYSE: CRM) has provided funds to support Phase One Consulting Group‘s federal business particularly in the field of federal information technology, ExecutiveBiz reported Friday. Phase One said Thursday Salesforce Ventures was one of the participating investors in the consulting company’s latest …

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In-Q-Tel Places Investment on Orbital Insight for Geospatial Big Data Platform Dev’t

TYSONS CORNER, VA, July 6, 2016 — In-Q-Tel has invested $5 million on Orbital Insight to support further development of that company’s geospatial big data platform, ExecutiveBiz reported Tuesday. Orbital Insight said June 27 it also received $15 million in Series B funds from GV, CME Ventures,  Sequoia Capital, Lux Capital and Bloomberg Beta to …

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Leidos, NIH Unveil Website to Match Biomedical Research Projects With Funding Sources

TYSONS CORNER, VA, March 29, 2016 — Leidos (NYSE: LDOS) has worked with the National Institutes of Health to build a website that works to facilitate public-private funding opportunities for biomedical research proposals, ExecutiveBiz reported Monday. The company said Thursday the Online Partnership to Accelerate Research portal matches proposals based on research priority areas …

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SAP NS2’s VC Arm Invests in ThreatConnect; Mark Testoni Comments

TYSONS CORNER, VA, December 7, 2015 — SAP National Security Services‘ (NYSE: SAP) venture capital arm led the $16 million funding round for threat intelligence firm ThreatConnect, ExecutiveBiz reported Friday. The Washington Post reported Wednesday threat intelligence companies have attracted the attention of investors in effort to address the anticipated need …

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