OpenAI has been awarded a $200 million contract to continue developing artificial intelligence prototypes for the Defense Department. The one-year other transaction agreement, announced Tuesday ...

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 ...

Impulse Space, a four-year-old startup focused on the transportation aspects of space, has captured $300 million in Series C capital to aid in scaling the production of its two flagship vehicles ...

The Missile Defense Agency has kicked off the acquisition for one of the Trump Administration’s biggest priorities – the development of a nationwide system for protecting the U.S. from missile ...

Voyager Technologies has fetched roughly $383 million in an upsized initial public offering, where demand for stock in the defense and space systems maker ran hotter than originally anticipated ...

Hegseth's new contracting memo says the A&S office has also been directed to review existing IT consulting or management services contracts and task orders “for viability and alternatives under ...

This marks the first decline in the Top 100 since 2016, when the market bottomed out because of sequestration. The civilian side of the market accounted for the decline as it shrunk by 7.1%, while ...

Assuming government leaders know what those practices are and how they work is not a good idea, according to the General Services Administration's chief acquisition officer.

Serco Inc. pushes its annual revenue past $2 billion and adds 1,000 employees to the now-10,000-person workforce. Serco Group's U.S. subsidiary has completed its $327 million acquisition of ...

Challenges occur in a mere 2.2% of all federal contracts, a number that could go even lower with more training of acquisition professionals and higher-quality debriefings.

In the complex and often slow-moving world of military procurement, securing services for facilities maintenance, infrastructure upgrades, or other base operations can be a time-consuming and ...

The federal government team responsible for overhauling the rules that govern how agencies buy $1 trillion in goods and services does look at the comments they receive on what they are doing ...