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Latest Federal & Government Contracting Companies' News Coverage
Edge Autonomy, a provider of uncrewed autonomous systems, hosted an event at its Huntsville, Alabama, facility to mark the expansion of services at that site. Because of the increasing demand for its products and services, the company said Monday that it plans to double the size of the facility and increase production capacity in the […] More
Macquarie Capital, a global financial services group, announced investing in Earth Resources Technology, a data systems and technology company that supports federal government agencies. In a press release Tuesday, Jared Doskow, senior managing director at Macquarie Capital Growth and Technology, said, “We look forward to supporting ERT in expanding its client base, adding additional capacity and […] More
Textron Systems, a part of industrial conglomerate Textron, announced a collaboration with Kodiak Robotics to develop an autonomous military ground vehicle that can operate in advanced terrain environments. In a press release Monday, David Phillips, senior vice president of land and sea systems at Textron Systems, said, “Joining forces with Kodiak allows us to bring […] More
Auterion, the builder of software-defined computing platforms for drones and autonomous systems, has completed the transfer of its corporate headquarters from Moorpark in South California to Arlington, Virginia, a move that brings the company closer to private and public sector clients, particularly federal agencies and defense-related customers. In a press release Wednesday, Lorenz Meier, CEO of Auterion, said, "Being physically closer to our customers allows us to provide more responsive support and collaborate more effectively."
BAE Systems secured a contract with the U.S. Navy to design and develop the Dual Band Decoy, a radio frequency countermeasure that shields fighter jets from enemy attacks by disrupting enemy radar and luring missiles away. The decoy has a towed unit connected by fiber-optic cable to an aircraft's electronic warfare equipment, BAE said Wednesday.
Citizant, a business and IT products and services provider to the U.S. government, has promoted Pamela Schoppert, formerly the company’s vice president of human experience and quality, to chief people officer. In a press release Tuesday, Alba Aleman, CEO of Citizant, said, “Pam Schoppert embodies our ‘palms-up’ philosophy of giving and teaches the importance of […] More
Maryland Gov. Wes Moore announced that BlueHalo will expand its operations in Montgomery County. In a press release issued by his office Monday, Moore, said, “In Maryland, we will always choose to invest in innovation. Our continued partnership with BlueHalo is helping us do exactly that. The historic expansion we’re announcing today will create jobs, drive […] More
Sikich announced receiving a $250 million minority growth investment from Bain Capital. In a press release Thursday, Christopher Geier, CEO of Sikich, said, “Partnering with a leading global investor like Bain Capital is a testament to our strategy and provides us with additional meaningful resources and extensive knowledge to advance our mission and deliver on […] More
Verizon Frontline has confirmed its continued support for the National Oceanic and Atmospheric Administration by signing a new three-year cooperative and research development agreement aimed at exploring new strategies for deploying uncrewed aircraft systems to collect and distribute imagery of damage from severe storms. In a press release Monday, Michael Adams, associate vice president for […] More
Investment firm Leonid Capital Partners has announced extending a new $20 million term loan to satellite vehicle maker ABL Space Systems. In a press release Wednesday, James Parker, co-founder of Leonid Capital Partners, said, “ABL Space Systems is doing groundbreaking work to increase domestic launch resiliency and build out ‘responsive launch’ capabilities for the Department of […] More
KBR, a provider of engineering and technology solutions, has announced its first quarter fiscal 2024 results that showed adjusted EBITDA growth with margin expansion. In a press release Tuesday, Stuart Bradie, president and CEO of KBR, said, “KBR’s extraordinary team has yet again surpassed expectations, delivering outstanding first-quarter results.” He noted the year-over-year increases across […] More
American Systems, a provider of information engineering services to federal customers, has announced that programs under its operations/support and strategic solutions have been appraised at Capability Maturity Model Integration Maturity Level 3, or the “defined” level, for development and services by API Process Improvements. John Steckel, president and CEO of American Systems, said in a […] More
