Investing.com - General Dynamics Information Technology Inc. received a $43.9 million contract modification from the U.S. Department of War for engineering support of the MK 41 Vertical Launching System, the agency announced Monday.
The cost-only modification to previously awarded contract N6339423C0009 covers in-service engineering support and production of Module Electronic Box, Hazard Electronic Box, and Launch Control Panel Assemblies. General Dynamics Information... (continue reading...)
Investing.com - Northrop Grumman Corp. (NYSE: NOC) has been awarded an $86.1 million task order by the U.S. Department of War for remote visual assessment program support, the department announced Monday.
The task order, designated FA8214-26-F-B017, falls under a previously awarded ground subsystem support contract from 2021. The work includes program management, maintenance, sustaining engineering, and support services for the remote visual assessment program.
Work will... (continue reading...)
Investing.com -- Apple alleged today that a defendant in its trade secret case against ChatGPT creator OpenAI accessed a power converter circuit schematic while working at OpenAI, according to a filing in U.S. federal court.
The company also alleged that the defendant trained an AI agent using proprietary Apple information, the legal filing stated.
Apple said the new evidence came to light from a MacBook computer that OpenAI provided to Apple on August 21 as part of legal... (continue reading...)
Investing.com -- Wella Company, the owner of OPI nail polish and Wella hair products, filed for a U.S. initial public offering on Monday, according to a regulatory filing.
The company said it plans to list on the New York Stock Exchange under the ticker symbol 'WELA'.
Goldman Sachs, BofA Securities, KKR, and J.P. Morgan are among the underwriters for the offering.
Investing.com -- 1789 Capital is leading a $1 billion funding round for Polymarket, pushing the prediction-market platform’s post-money valuation to $21 billion, according to a report from Bloomberg. The capital injection underscores the unrelenting investor appetite for event-based trading venues that allow users to wager on political elections, economic indicators, and sports outcomes.
The latest fundraise represents a rapid step-up from Polymarket’s previous... (continue reading...)
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