:

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…

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]