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Cyber Firm Darktrace Raises $65 Million In New Growth Equity Financing

Darktrace, a cyber company that focuses on cyber threat defense software, raised $65 million in new growth equity financing, led by the global investment firm KKR, the company said July 6.KKR was joined by existing investor Summit Partners and new investors TenEleven Ventures and the Softbank-affiliated SB ISAT Fund.Darktrace said it will use the new funding to further accelerate the global roll-out of its premier product, the Enterprise Immune System technology.The company was founded in 2013 and has grown to…

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Contract Updates

SNC Manufacturing LLC (Orocovis, Puerto Rico) – $15,857,625

SNC Manufacturing LLC,* Orocovis, Puerto Rico, has been awarded a maximum $15,857,625 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for mechanics cold weather coveralls. This was a competitive acquisition with five responses received. This is a five-year contract with no option periods. The ordering…


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Huntington Ingalls Inc., Newport News, Virginia, was awarded a $9,434,758 cost-plus-fixed-fee modification to a previously awarded contract (N00024-22-C-2105) to exercise options for planning and design yard activities for standard navy valves installed in commissioned nuclear-powered submarines, submersibles, and aircraft carriers.…


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Lockheed Martin Corp., Missiles and Fire Control, Archbald, Pennsylvania, is awarded a $23,097,963 modification (P00007) to a previously awarded firm-fixed-price contract (N0001924C0004). This modification adds scope for the production and delivery of 4,002 Laser Guided Training Rounds Bomb Dummy Unit…