Companies

FAST 50: How Blue Skies found its singular sweet spot in the market

Company No. 12 on our 2024 Fast 50 decided early on that the government market's ammunition and armaments corner was where it should be.

Companies

Microsoft and Pacific Northwest National Laboratory bring AI to quantum chemistry research

An updated version of Microsoft’s Azure Quantum Elements that combines artificial intelligence and chemistry-specific software tools will be available on Github.

Companies

The 2024 Fast 50 showcases small business power and versatility

From IT services to intelligent automation, our annual ranking of the government market's fastest-growing small businesses highlight the breadth of their capabilities.

Companies

Parsons acquires transportation engineering company for $230M

This represents Parsons' latest move to expand in a region where infrastructure spending is heavily concentrated.

Companies

RTX will pay almost $1B for defrauding DOD, allegedly bribing Qatari official

That’s on top of the $200 million levied in August for illegal exports to China and elsewhere.

Companies

Google announces AI offering for classified environments

A “large percentage” of U.S. military and intelligence agencies briefed on the upcoming Gemini version expressed interest in the tool, a Google executive said.

Companies

NewSpring adds third contractor to its federal holdings

Xpect Solutions provides engineering and network infrastructure services to the FBI and National Institutes of Health.

Companies

Core4ce seeks greater tech development speeds via acquisition

The now-650 employee company further builds out its internal incubation team that works on hard defense and intelligence problems.

Companies

Tech, operations and finance leadership moves across the market

A pair of technology startups also add high-profile veterans to their boards of directors.

Companies

Renovus closes fourth fund at $875M

The Small Business Administration contributed $50 million of that amount through this private equity firm's participation in a small business investment program.

Companies

NewSpring acquires radar system provider

C Speed's primary customer is the Customs and Border Protection agency, for which the company operates and maintains air surveillance radars.

Companies

Quantum startup stretches Series B round to $133M, adds Lockheed's venture arm

First launched in 2017, Q-CTRL is looking to further advance its quantum computing software for use in larger-scaled commercial and government deployments.

Companies

BigBear elevates new operations chief

Carl Napoletano has led several of the company's integration efforts in his former role as special projects lead.

Companies

A dozen corporate leadership moves to note as fall arrives

Promotions and hires focused on growth, operations and technology feature in this first week of federal fiscal year 2025.

Companies

A trio of space startup investment rounds to highlight

The venture arms of AE Industrial Partners, Lockheed Martin and RTX are among the notable names at the heart of these investments.

Companies

CACI acquires Applied Insight to build up cloud migration offerings

The all-cash transaction also expands CACI International's presence with defense and national security agencies, plus reunites a pair of former Acacia Group businesses.

Companies

Cadmus leans on acquisition to start new tech unit

Ventera started in 1996 and now becomes the first building block for Cadmus' technology solutions division.

Companies

T-Mobile to pay fines, pledges to up upgrade cybersecurity after repeat data breaches

The telecom giant will pay $15.75 million to the Department of Treasury and front an additional $15.75 million for cybersecurity improvements and compliance.

Companies

Can AI predict if a Marine will quit? Corps wants to know

“Retention prediction network” could reveal signs that trainers and recruiters might otherwise miss.

Companies

Gogo's $375M acquisition and its public sector piece

Around one-fifth of Satcom Direct's revenue is generated from government work that includes broadband connectivity services.