Xcelerate pushes to grow artificial intelligence chops via acquisition
ClearAvenue opened for business in 2002 and brings to the buyer some past performance qualifications in the technology. Xcelerate Solutions has acquired a provider of software development and maintenance services as part of a push to further round out technical offerings, particularly in artificial intelligence and machine learning. ClearAvenue opened for business in 2002 and describes […]
Stoke Space closes $510M Series D financing round
The five-year-old company is pushing to both further iterate its Nova rocket and complete a new launch complex at Cape Canaveral Space Force Station. Stoke Space, the five-year-old launch systems maker that closed a $260 million Series C round in January, has almost doubled that amount in a new Series D capital raise to support its […]
The CMMC ‘grace period’ myth could cost you your contract
Jacob Horne, chief cybersecurity evangelist at Summit 7 writes that the defense industry is wrong to believe the bedtime story about a 12-month certification delay. Here’s what program manager discretion really means. There is a bedtime story making the rounds in the defense industrial base, which goes like this: Once the 48 CFR Cybersecurity Maturity Model […]
‘Stop trying to control every step’ of shipbuilding, senator tells Navy
Focus less on requirements and more on outcomes, says Montana’s Sheehy, and the entire Pentagon might get on board. The White House wants to speed up shipbuilding, but first, the Navy has to loosen its grip—at least according to one senator. “The Navy has taken over shipbuilding, I believe, to their detriment,” said Sen. Tim Sheehy, […]
SPA makes another deal as it builds simulation and wargaming capabilities
The Arlington Capital Partners-owned company acquires a long-time partner and solutions provider to the Navy and Air Force. Systems Planning & Analysis has added more data science and defense analytics offerings through its acquisition of Group W, a provider of modeling and simulation and wargaming solutions to the Defense Department. The two companies have worked together […]
WT 360: Action items for contractors in the shutdown’s second week
Stephanie Kostro, president of the Professional Services Council, outlines how government contractors are keeping busy on several fronts as they prepare for their customers to reopen. Stop-work orders from government agencies to their partners in industry do not, in fact, entirely pause the business of federal contracting because companies have plenty to do as they […]