Business/Financial
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Business/FinancialBullfrog Counter-Drone Developer Allen Control Systems Raises $200 Million
Allen Control Systems (ACS) on Friday said it has raised $200 million to scale production of its Bullfrog autonomous weapon station that can be integrated with different weapons—including the M240 […]
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Business/FinancialApex Raises $200 Million To Boost Hiring And Vertical Integration
Satellite bus manufacturer Apex on Friday said it raised more than $200 million in a new investment round to add more engineers, continue vertical integration of satellite production, and provide […]
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Business/FinancialArxis To Acquire Omnetics Connector And MagCanica For Combined $890 Million
Newly public aerospace and defense component supplier Arxis, Inc. [ARXS] on Tuesday said it has agreed to acquire Omnetics Connector Corp., designer and manufacturer of small connectors for multi-industrial applications, […]
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Business/FinancialMach Industries Raises $300 Million In New Round To Boost Production, Advance Systems
Mach Industries on Tuesday said it raised $300 million in a Series C round that will be put toward expanding its Forge factory network, small jet engine production efforts, advancing […]
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Unmanned SystemsLow Radar Cross Section Of MQ-28 Ghost Bat Validated, Boeing Says
Boeing [BA] said on Monday that it has validated the low Radar Cross Section (RCS) of the company’s MQ-28 Ghost Bat drone. “The MQ-28’s RCS reduces the range that enemy […]
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Unmanned SystemsMotorola Solutions To Acquire Counter-Drone Company D-Fend For $1.5 Billion
Network and security company Motorola Solutions [MSI] on Monday said it has agreed to acquire D-Fend Solutions, an Israel-based provider of radio frequency systems to detect and counter threats from […]
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Business/FinancialDavie Defense Breaks Ground On Modernization Of Texas Shipyard
Shipbuilder Davie Defense on Monday broke ground on a $1 billion modernization of its Gulf Copper facilities in Galveston and Port Arthur, Texas, to ready the operations to begin construction […]
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SpaceSpaceX Gets Nearly $4.2 Billion Nod From Space Force For Initial SB-AMTI
Two days after the Space Force Space Systems Command (SSC) awarded SpaceX a nearly $2.3 billion contract for the Space Data Network Backbone, a proliferated low Earth orbit communications network, […]
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Business/FinancialFederal Spending On Venture And Private Equity-Backed Companies Increased In FY ‘25
Annual federal obligations to venture capital and private equity-backed national security companies increased 22 percent to $4.3 billion in fiscal year 2025, according to a report this week. Silicon Valley […]
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Business/FinancialAustal USA Names Miller As New President
Austal USA on Wednesday named interim president Gene Miller as the company’s permanent president, effective immediately. Miller succeeds former president Michelle Kruger, who the company announced in February planned to […]