Department of Defense

Comcast Corp (NASDAQ: CMCSA) won a 10-year, $102.8 million contract from the U.S.' Defense Information Systems Agency (DISA) Comcast will provide Ethernet to enhance connectivity, improve network performance, and manage overall telecommunications costs throughout the Agency'...

Verizon Communications Inc’s (NYSE: VZ) Verizon Public Sector has won a $495 million contract from the U.S. Department of Defense (DoD) to deliver a next-generation, high-bandwidth, low-latency, Layer 2 vast area network in support of critical research. Verizon’s managed...

Mantech International Corp (NASDAQ: MANT) won a $61 million contract to provide systems engineering and technical assistance (SETA) services to the Department of Defense (DoD) Irregular Warfare Technical Support Directorate (IWTSD). The contract is for one year with four one-year...

Chinese interactive location-based services and big data processing technology company Luokung Technology Corp (NASDAQ: LKCO) announced the U.S. Department of Defense's (DoD) removal of the company's designation as a Communist Chinese Military Company. Luokung and its...

Science Applications International Corp (NYSE: SAIC) bagged a $126 million five-year single-award task order from the Department of Defense to provide research and development for modeling and simulation enhancements for the U.S. Army Combat Capabilities Development Command (DEVCOM...

Japanese electronics company Panasonic Corp (OTC: PCRFF) (OTC: PCRFY) announced the availability of its modular TOUGHBOOK 55 notebook with communications company Viasat Inc’s (NASDAQ: VSAT) integrated Eclypt Core Encrypted Internal Hard Drive for...

Science Applications International Corp (NYSE: SAIC) bagged a single-award contract worth $800 million to continue providing engineering and professional support services to the U.S. Army Combat Capabilities Development Command, Aviation & Missile Center (DEVCOM AvMC),...

A U.S. federal judge blocked the government from restricting U.S. investment in Chinese electronics manufacturer Xiaomi.  What Happened: Judge Rudolph Contreras temporarily blocked the Department of Defense from imposing restrictions on U.S. investment in the Xiaomi Corp (OTC:...

A company that uses artificial intelligence and data science to keep visitors safe with touchless screening is going public in a SPAC deal announced Monday.  The SPAC Deal: Evolv Technology is going public in a SPAC merger with NewHold Investment Corp (NASDAQ: NHIC) valuing the company at $1.3...

Microsoft Corp (NASDAQ: MSFT) could lose the $10 billion contract to provide cloud computing services to the Pentagon, a deal the government has threatened to discard altogether after years of legal tussle, Bloomberg reports. What Happened: The U.S. Defense Department intended...

MP Materials (NYSE: MP) CEO James Litinsky joined the SPACs Attack show Wednesday to discuss the company’s path to the NYSE, the electric vehicle market and more. Going Public Via SPAC: Fortress Value Acquisition Corp (NYSE: FVAC) brought MP Materials public via a special...

The 2020 presidential election has caused several sectors to go up and down as Americans wait to find out who the next president of the United States will be.  Politico reports that Democrat Joe Biden would put more of an emphasis on cybersecurity and related fields for the defense sector...

President Donald Trump signed a new executive order to emphasize the U.S. efforts on rare earth mining. What Happened: On Wednesday, Trump signed an executive order to expand the production of rare earth minerals. Rare earth minerals are vital to many manufacturing sectors, including electric...

Microsoft Corporation (NASDAQ: MSFT) has seen strong growth in its server products and cloud services division. The company is aggressively growing its data center business. What Happened: The results of an underwater study called Project Natick were made public. A shipping container-sized...

The U.S. Defense Department on Friday reversed its decision to restrain a Commerce Department proposal to reduce the licensable U.S. content in exports to Huawei Technologies Co. Ltd., according to The Wall Street Journal. Currently, for exports to the Chinese telecom, a foreign-made product is...