Anduril Industries last Friday said it raised $1.5 billion in a new funding round that will be used to accelerate its research and development into new defense and security technologies and allow it to continue scaling the business to meet the needs of the Defense Department and U.S. allies and ...

The Defense Advanced Research Projects Agency last week issued a solicitation for proposals for long endurance, vertical takeoff-and-landing (VTOL) unmanned air systems deployed from Navy surface combatants and forward deployed Marine Corps locations for the purposes of intelligence, surveillance, ...

Defense Secretary Lloyd Austin on Thursday established a new DoD office charged with helping companies that are developing technologies critical to national security partner with private capital to help them get the financing necessary to ensure these technologies transition out of the laboratory ...

Leidos [LDOS] is forecasting about 6 percent annual growth in the addressable market for its Dynetics business unit, up from about 4 percent projected a year ago, driven by accelerating customer demand for advanced technologies and weapon systems, the head of the group said on Thursday. “Right ...

The federal and defense consulting firm LMI on Thursday said it has acquired Synaptech in a deal that adds new capabilities in modeling and simulation software and also expands its presence serving the space market. Terms of the deal were not disclosed. Synaptech, which is based in Colorado Springs, ...

The Transportation Security Administration on Wednesday said it plans to require the nation’s pipeline and rail sectors to deploy measures to better manage their cybersecurity risks and is seeking input on comprehensive approaches to the forthcoming mandates. The advanced notice of proposed ...