Applied Research Associates wins $115M Navy computing contract
The Naval Research Laboratory sought an industry partner to help it research high-performance computers and networks. Applied Research Associates has won a one-year, $111.5 million contract to work with the Naval Research Laboratory on research-and-development efforts in high-performance computing. NRL received three bids for the cost-plus-fixed-fee contract, the Pentagon said in its Friday awards digest. Solicitation […]
Star Catcher closes $65M Series A round for space grid strategy
The company is working on technology that can wirelessly transfer electricity to satellites and other spacecraft. Star Catcher, a startup pushing to develop a power grid in space, has fetched $65 million in Series A capital ahead of an initial demonstration of optical power beaming technology planned for later this year. Founded less than two years […]
GovCon market grew in 2025, but challenges are mounting
Deltek’s newest Clarity report finds contractors navigating cost pressures, compliance demands and a widening gap in artificial intelligence governance. The government market’s double-digit growth in 2025 cannot mask significant challenges contractors face, according to the latest edition of Deltek’s annual Clarity report. Contractors reported 15% growth on average and acknowledged that costs, compliance demands and workforce constraints […]
Golden Dome plan would cost $1.2 trillion, CBO finds
That’s seven times what Trump initially said, and almost double the congressional office’s first estimate. The Golden Dome missile-defense system would cost $1.2 trillion to build out, far more than the White House has budgeted, according to a new estimate by Congressional researchers. The figure is roughly double the Congressional Budget Office’s initial assessment of Golden […]