Companies

Tech bills of the week: Overseeing algorithm-set rental prices; and halting federal overreach in data center construction

Legislation introduced this week seeks to police the use of algorithmic price-setting for home rentals and rein in how the federal government influences new data center construction.

CACI places new bet on growing its manufacturing chops

A new facility covering 61,000 square feet is the latest step in a years-long shift from services to technology.

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Supply chain, operations and health leadership moves across the market

Plus an engineering and design firm promotes a new business line executive for its federal portfolio.

ASRC Federal wins $495M background check support recompete

The Defense Counterintelligence and Security Agency sticks with the incumbent for this iteration of the program, which emphasizes DCSA's transition to a continuous vetting approach.

Castelion, Muon Space complete Series C funding rounds

Both startups are using their newfound capital to accelerate production of their hypersonic weapons and satellites.

Vantor appoints Cocos to lead US government biz

Vantor’s strategy centers around providing a broad set of spatial intelligence offerings that are tied to its Earth imagery satellites.

United Launch Alliance's new CEO and more leadership moves across the market

Key promotions and hires in finance, growth and technology also feature in this listing.

L3Harris promotes Mehta to CEO in abrupt leadership change

Chris Kubasik, L3Harris’ CEO since June 2021, has left the company following a code of conduct investigation.

Noblis extends space portfolio with acquisition

FTS International brings a suite of space engineering and orbital analysis services to Noblis.

AEVEX enters water with $600M BlackSea acquisition

The cash-and-stock agreement expands AEVEX beyond drones into surface and underwater autonomous systems.

NASA insourcing push to cost Amentum 3% of revenue in 2027

NASA is taking over more technical and operational work from contractors like Amentum, which laid out both the financial impacts of that to investors and explained where it still has plenty to do for this customer.

How OneGov is changing CACI's contractor role

CEO John Mengucci tells investors the government's direct licensing push means less revenue but more profit for integrators.

Cloudflare to seek DOD IL4 authorization after new FedRAMP, GovRAMP designations

The connectivity cloud giant recently achieved FedRAMP High certification and GovRAMP Moderate authorization.

Financial, operations and growth leadership moves across the market

One of the market's most active private investment firms adds a new operating partner and a semiconductor maker brings in its newest public sector head, among other key hires and promotions.

Boeing's sale of Insitu and more transactions to note

Acentra Health and Precise Systems move on acquisitions with their private equity backers as FedTec becomes part of a larger, more global enterprise.

As AI models break free, White House works with firms on secret safety measures

Lawmakers are blasting administration's "ad-hoc" artificial intelligence strategy as tech giants pitch ideas to keep federal contracts flowing.