:

Business/Financial

Boeing Shifts HorizonX Investment Arm To Partnership With Private Equity Firm

By Cal Biesecker

Thursday, August 5th, 2021

SHARE:

Boeing Shifts HorizonX Investment Arm To Partnership With Private Equity Firm

Previous HorizonX investments include the satellite communications startup BridgeSat, now BridgeComm Inc. BridgeComm graphic.

Boeing [BA] on Thursday said it has entered a strategic partnership with the private equity firm AE Industrial Partners (AEI) to manage and expand its HorizonX venture capital arm that has already made minority investments in 40 startups and technology companies globally since Boeing founded it in 2017. AEI HorizonX will be led by Brian Schettler, who led the ventures team for Boeing, and the current portfolio of investments will stay with the fund. Terms of the deal were not…

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]

Congress

Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Congress

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]