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Venture capital and private equity are gravitating towards defense technology companies, reversing decades of investor hesitance. Historically, many investors have been wary of the defense sector, ...
EDITOR'S NOTE: After this story was published, DOGE amended Leidos' canceled contract, reducing the value of thecontract to $560,000. For the updated story, click here. Leidos has lost a contract with ...
The General Services Administration has signed a new partnership agreement with OpenAI for the company's ChatGPT offering, a move the agency says supports President Trump’s AI Action Plan. ChatGPT ...
Three contractors, a former government contracting officer, and two companies have admitted to a decades-long bribery scheme involving contracts worth over $550 million. A Thursday Justice Department ...
One of the federal market's most-anticipated business combinations crossed the finish line after Friday's closing bell, when Amentum wrapped up its merger with two of Jacobs' government technology and ...
New rules are coming that will require agencies to use existing government-wide vehicles and best-in-class contracts before creating new ones. A new memo from the Office of Management and Budget ...
The Navy, submarine makers and the latter's suppliers need more than 100,000 workers over the next decade to build more subs. Deloitte Consulting has won a potential five-year, $2.4 billion contract ...
The Treasury Department has moved to cancel all contracts with Booz Allen Hamilton, two years after a former company employee pled guilty to leaking President Trump's confidential tax information ...
Amid the current government shutdown, two critical programs expired: the Small Business Innovation Research and Small Business Technology Transfer programs. These initiatives drive American innovation ...
Shield AI, one of the handful of defense tech unicorns with touted multibillion-dollar valuations, has fetched $240 million in F-1 capital from investors to further iterate its software offerings. A ...
The Federal Aviation Administration has started its work on putting together the recompete of its main cloud computing services contract and wants to widen the scope this time around. By releasing a ...