Aerospace Group:

Business/Financial

BitSight Cyber Security Rating Firm Raises $40 Million In Funding

Thursday, September 15th, 2016

SHARE:

BitSight, a firm specializing in cyber security ratings, raised $40 million in Series C financing to have a cumulative funding of $95 million so far, the company said Thursday.The latest funding round was led by GGV Capital with participation also from previous investors Flybridge Capital Partners, Globespan Capital Partners, Menlo Ventures, and Shaun McConnon. Other investors include the venture capital arms of three major telecommunication companies: Comcast Ventures [CMCSA], Liberty Global Ventures [LBTYA], and Singtel Innov8.Under the terms of the…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]