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The innovation arms of the U.S. Air Force and Space Force have announced the cohorts of small businesses that secured Strategic Funding Increase contracts for program year 2024 to help transition their defense technologies from the development phase to full production. The 2024 STRATFI initiative accounts for $193 million in Small Business Innovation Research and

Mercury Systems (Nasdaq: MRCY) has secured a $243.8 million indefinite-delivery/indefinite-quantity contract to manufacture and deliver digital radio frequency memory units to the U.S. Navy for electronic warfare applications. The company will perform incidental teardown, evaluation, repair and hardware modifications supporting the AN/ULQ-21(V) countermeasures suite that simulates electronic attack jamming threats for EW training, the Department

The U.S. Air Force awarded LMI two task orders with a combined value of $98 million to support Phase III development of the Rapid Analysis Prototyping Toolkit for Resiliency software. The indefinite-delivery/indefinite-quantity contract was granted under the Space Integrated Modeling Simulation and Analysis segment of the Small Business Innovation Research program, the Department of Defense