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Business/Financial

Congressionally Established DoD Progress Payment Pilot Program On Hold


20 seconds ago by Frank Wolfe

Section 874 of the fiscal 2024 National Defense Authorization Act authorized the DoD acquisition chief to “establish and implement a pilot program to incentivize contractor performance by paying covered contractors […] ...

Booz Allen Invests In Cybersecurity Firm Focused On Machine Identity


1 day ago by Cal Biesecker
@calvinb21

Booz Allen Hamilton [BAH] on Thursday said its venture capital unit has made a strategic investment in Corsha Inc. , which provides secure machine-to-machine communication to protect operational technology. The […] ...

DoD Spending On Startups Doubles But Remains Scant Overall, SVDG Report Says


2 days ago by Cal Biesecker
@calvinb21

Spending by the Defense Department in 2024 on the top 100 startups with dual-use and defense technology more than doubled versus 2023 but remains less than 1 percent of the […] ...

Defense Department Seeks Public Input On Trump’s Acquisition Reform Order


2 days ago by Cal Biesecker
@calvinb21

The Defense Department on Wednesday asked for public comment on a presidential directive to reform how the department acquires stuff, including mandating a preference for commercial solutions. The public has […] ...

Lockheed Martin Helping Havoc AI To Speed USV Development


2 days ago by Cal Biesecker
@calvinb21

HavocAI on Tuesday said it is collaborating with Lockheed Martin’s [LMT] Ventures unit to accelerate the development and production of autonomous medium unmanned surface vessels (mUSVs). Lockheed Martin Ventures typically […] ...

Imagery Support for Ukraine in “Early Access” Agreement by BlackSky


3 days ago by Frank Wolfe

BlackSky Technology [BKSY] has two Generation-3 Earth imaging satellites on orbit and plans to have six up by the end of the year, as the company said on Tuesday that […] ...

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