Business/Financial
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Business/FinancialPresentation Details Jacobs’ Government Contracting Biz, Now On The Sales Block
Jacobs’ [J] government contracting segment, which is up for sale, accounted for 42 percent of the entire company’s business in fiscal year 2022, according to a recent investor presentation. Another […]
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Business/FinancialHoneywell Rebranding Business Segments
Honeywell [HON], parent of the management contractors of four Department of Energy sites, is reorganizing its main business units, the company said Monday. The Charlotte, N.C.-based company will continue with […]
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Business/FinancialBridge Core Federal Acquires Defense And Intelligence Consulting Firm teKnoluxion
Bridge Core Federal last Friday said it has acquired teKnoluxion, a federal consulting firm specializing in software and systems engineering, cloud services, and data analytics solutions for the defense and […]
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Business/FinancialTaiclet Wants Parallel DoD Acquisition Lane For Digital Technology Insertion
The acquisition process for typical programs of record is drawn out but has proven successful yet for the Defense Department to take advantage of advances in digital technologies that evolve […]
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Business/FinancialAutonomy Firm Vayu Robotics Emerges From Stealth With Lockheed Martin Investment
Vayu Robotics, a small startup developing artificial intelligence-enabled autonomy solutions for unmanned systems, on Tuesday emerged from stealth with $12.7 million in seed funding led by Khosla Ventures, with participation […]
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SpaceDoD Needs To Step Up Support For Commercial Space Industry, Silicon Valley Group Says
Private funding in commercial space startups dramatically outpaces government investment but venture capital (VC) could wane if the Defense Department fails to quickly boost its contracting with these companies, potentially […]
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Business/FinancialNDIA, PSC: Shutdown Would Particularly Harm Small Companies in Defense Industrial Base
A federal government shutdown would particularly harm small companies in the Defense Industrial Base (DIB), according to a Sept. 28 letter to congressional leaders from National Defense Industrial Association (NDIA) […]
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Business/FinancialBoeing To Pay $8 Million To Settle Allegations Of False Claims Related to V-22
The Justice Department last Thursday said that Boeing [BA] has agreed to pay the government $8.1 million to resolve False Claims Act allegations related to the company’s contracts with the […]
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SpaceKuiper Exec Dave Limp to Replace Bob Smith as Blue Origin CEO
Blue Origin CEO Bob Smith is stepping down from his position at the end of this year, and Amazon’s [AMZN] Kuiper lead Dave Limp will become CEO of the company. A Blue […]
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Business/FinancialBooz Allen Invests In AI Security Company HiddenLayer
Booz Allen Hamilton [BAH] on Tuesday said its ventures arm has made another strategic investment in adversarial artificial intelligence capabilities with an investment in the AI security company HiddenLayer. The […]
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