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The premier source of breaking business news for the government contracting industry, to-the-point stories of the most significant contract awards, top-level executive moves and more
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News
Muon Space Series C Pushes Total Equity Funding Past $386M
3+ week, 3+ day ago (525+ words) Muon Space has closed a $250 million Series C round, bringing total equity funding past $386 million. Muon said the round was oversubscribed. The production of large-scale constellations and the expansion of the company’s dual-use spacecraft platforms are the stated priorities. Muon…...
Space-Eyes to Go Public in SPAC Merger
1+ mon, 1+ week ago (628+ words) Geospatial intelligence and counter-drone company Space-Eyes will go public through a merger with McKinley Acquisition. Space-Eyes said it signed a definitive business combination agreement with McKinley, and that their respective boards gave unanimous approval. Eric Trump was named an investor…...
Oracle Lands Potential $7B Navy IDIQ Under DOW ESI
1+ mon, 3+ week ago (579+ words) Oracle has received a potential 10-year, $6.99 billion indefinite-delivery/indefinite-quantity contract from the U.S. Navy under the Department of War’s Enterprise Software Initiative, or ESI. As DOW continues to modernize its enterprise IT and software procurement processes, government and industry leaders will…...
AWS Launches $1B IC Cloud Incentive Program, Expands AI Investments
2+ mon, 1+ week ago (737+ words) Amazon Web Services has unveiled a $1 billion cloud incentive program designed to help the U.S. intelligence community migrate qualified workloads to the cloud and accelerate artificial intelligence adoption across intelligence agencies. According to Levy, ICAMF will provide up to $1 billion in…...
Firefly Aerospace Acquires AI Navigation Company Space-ng
2+ mon, 2+ week ago (626+ words) Firefly said Thursday Space-ng develops AI-powered vision navigation and autonomous guidance systems for spacecraft. The Littleton, Colorado-based company was founded in 2024 as a spinoff of Farm-ng and specializes in AI, computer vision, autonomous systems and flight software. According to Firefly,…...
Rocket Lab Finalizes Motiv Acquisition, Expands Mars & Orbital Infrastructure Capabilities
3+ mon, 2+ week ago (471+ words) Rocket Lab has acquired Motiv Space Systems, a company that develops space robotics, motion control systems and precision mechanisms for spacecraft. The move is intended to strengthen the company’s capabilities in planetary exploration and orbital infrastructure, Rocket Lab said Tuesday....
Booz Allen Reports Strong Profitability in FY2026 as AI, Cyber and Defense Tech Investments Accelerate
3+ mon, 2+ week ago (725+ words) Booz Allen Hamilton has reported strong profitability and expanding national security demand in its fiscal 2026 fourth quarter and full year earnings results, as the company continued investing heavily in cyber, artificial intelligence and defense technology capabilities despite ongoing pressure in…...
AFRL Seeks Industry Feedback on Revived $10B Multiple-Award Contract
3+ mon, 3+ week ago (356+ words) The Air Force Research Laboratory has released a draft solicitation for its revived AFRL Multiple Award Contract vehicle, or AMAC. The updated notice, posted Thursday on SAM.gov, follows the April cancellation of the original AMAC solicitation, which enabled AFRL…...
Iridium to Fully Acquire Space-Based ATS Company Aireon
3+ mon, 4+ week ago (701+ words) Iridium is moving to fully absorb Aireon, the space-based air traffic surveillance company it helped create more than a decade ago, in a deal that deepens the satellite operator’s push into aviation safety, surveillance and data services. The acquisition extends…...
2026 Deltek Clarity Report Highlights Margin Pressure, AI Growth & Operational Risk in GovCon
4+ mon, 1+ day ago (807+ words) Government contractors are under mounting pressure to move faster while maintaining tighter operational discipline, according to Deltek’s newly released 2026 GovCon Clarity Report, which found firms navigating a rapidly shifting market shaped by AI adoption, compressed acquisition timelines and heightened compliance…...