February 14, 2024

Crimson Phoenix biz buy, FDA IT operating plan, unemployment hardening, Havana Syndrome, NDIS report, TMF AI project proposals

QUICK HITS

  • AI project proposals: The TMF wants them.

  • This Acquisition Planning webinar will help you succeed in 2024.

  • SBA’s monthly list of SBA Mentor Protege (MPP) agreements: This regularly updated list of intel benefits both buyers and sellers.

  • Scheduled for V-day launch: Intuitive Machines lander for NASA's commercial moon program going for its 2nd try.

  • Speaking of Valentine’s Day, US Census has some fun V-Day facts for you today!

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DEFENSE & AEROSPACE

DARPA’s drone program is led by five defense contractors.

The objective of DARPA’s REMA program is to equip UAVs with the capability to execute missions autonomously. The five contracted performers' collaborative effort for mission-specific autonomy software emphasizes making universal solutions adaptable across a variety of drone platforms. Read more

Four tactical and back-office operations applications apps launched by the MCSWF.

The Marine Corps’s new software factory has successfully provided four new applications that troops can utilize for both tactical and back-office purposes. One app maximizes the maritime radar assets, another uses QR-code technology to transmit information, and a third app is related to “blue-force” signature management. Read more

First Defense Industrial Strategy released by the DOD.

DOD has unveiled its 59-page National Defense Industrial Strategy (NDIS) document that will give guidance to the U.S. defense industrial base in prioritizing resources to foster a defense industrial system that can address evolving threats. Read more

ICYMI:

  • Pratt & Whitney’s NGAD engine has completed USAF’s critical design review.

  • Bluefoot completes USAF SBIR Phase 2 contract to study and develop applications of its Patent Data Analysis Capabilities.

  • Changes will be made to “reoptimize” Air Force.

  • Curtiss-Wright unveils SFF Mission Computer.

  • Northrop’s Cyrocoolers for all climates—or, you know, places where there’s a total lack of climate.

Defense Contract Awards

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Defense Job Openings

FUNNY

INTEL COMMUNITY

ICYMI:

CIVILIAN

Senators look to harden the unemployment system for the next crisis.

The Senate Finance Committee has a bipartisan framework for legislation they say would equip the unemployment system for the next economic crisis. Although the framework itself is not a bill, the hope is that the coming proposal will shore up the system in the long term following the pandemic, when states struggled to deliver benefits and prevent fraud. Read more

OPM faces its first test of recent retirement processing tweaks.

The number of new retirement claims doubled between Dec2023 and Jan2024, giving the OPM a chance to stress the efficacy of recent tweaks to the retirement process. After years of complaints, OPM made efforts to improve the process, and it seems to have worked; the 14,292 pending claims at the end of last year was the smallest backlog OPM has seen since 2017 and is fairly close to their target. Read more

Hydrogen is the future: DOE and Moniz want a bigger demand for the clean energy source.

Former Energy Secretary Ernest Moniz and current Energy Secretary Jennifer Granholm have championed the Hydrogen Demand Initiative (H2DI). This new consortium aims to make hydrogen a good option for a clean energy source. Read more

ICYMI:

Civilian Contracts Awards

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Civilian Job Openings

M&A CORNER

Albers Aerospace acquires Onepath Systems, LLC.

Onepath is set to become a fully owned subsidiary within Albers Aerospace’s Defense Division. This strategic decision will bolster the company’s extensive range of capabilities, further empowering its ability to support customers. Read more

Godspeed Capital-Backed Crimson Phoenix acquires Tekmasters and Seaford Consulting.

Godspeed Capital Management has announced the acquisition of Seaford Consulting and TekMasters by Crimson Phoenix. This broadens the company's presence with its Intelligence Community customers and advances its strategic objective to support the requirements of its critical mission. Read more

Eqlipse Technologies to be acquired by BlueHalo.

BlueHalo, a provider of space, AI/ML, C-UAS and autonomous systems, and electronic warfare & cyber capabilities, has agreed to acquire product and solutions provider, Eqlipse Technologies. BlueHalo and Eqlipse are Arlington Capital Partners portfolio companies. Read more

SHOWER THOUGHTS 🚿

Why are electric vehicles popular?

EVs have a fascinating history that dates back much further than most people realize. In fact, since the 1890s, they’ve been commercially available. But why did they become “hot” in our time? Read more

Hydrogels for your broken heart?

It is said that researchers have developed a hydrogel that can make cancer treatments better and mend damaged heart tissues. Can this new invention heal a heart this Valentines day? Read more

There’s a hot race for Wall Street’s Third Most Valuable Company (3MVC)…do you know who’s in contention?

On Tuesday Nvidia (NVDA.O) was on the verge of overtaking Alphabet (GOOGL.O) as the third most valuable company on Wall Street. The dominant AI chipmaker ended the day at $1.78 trillion, whose market capitalization is above Amazon’s (AMZN.O), which is at $1.75 trillion. Google stocks dipped, leaving its market capitalization at $1.81 trillion. Read more

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