Advanced / Transformational Technology
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Air ForceF-35 Integrated Core Processor Safety of Flight Certification Completed Last Month, L3Harris Says
L3Harris [LHX] has completed the safety of flight certification for the company’s Integrated Core Processor (ICP) for the Lockheed Martin [LMT] F-35 fighter, L3Harris CEO Chris Kubasik said on July […]
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Business/FinancialRaytheon Technologies Leads Funding Round In Hybrid-Electric Propulsion Startup
VerdeGo Aero, a startup company developing hybrid-electric propulsion for aircraft, on Wednesday announced a $12 million funding round led by RTX Ventures, the corporate capital group of Raytheon Technologies [RTX]. […]
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Air ForceFirst Flight of DoD Blended Wing Body Aircraft Demonstrator Targeted for 2026
The Defense Innovation Unit (DIU) hopes to have a blended wing body (BWB) demonstrator aircraft ready to fly by 2026, according to a DIU solicitation. Such an aircraft may save […]
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ArmyArmy Taps GM Defense, Canoo To Provide Electric Vehicles For Demonstration
The Army has awarded deals to GM Defense [GM] and advanced mobility startup Canoo [GOEV] to each provide an electric vehicle for demonstration, with the goal of informing the service’s […]
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Air ForceSouth Dakota Senators Await B-21 Rollout Later This Year
Sens. John Thune (R-S.D.) and Mike Rounds (R-S.D.) are awaiting the U.S. Air Force rollout of the Northrop Grumman [NOC] B-21 Raider stealth bomber this year and the economic benefits […]
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Business/FinancialBoeing To Invest $50 Million In New Venture Fund
Boeing [BA] on Wednesday said it has agreed to provide $50 million to anchor a new aerospace technology venture fund that is privately-managed by the company’s partner AE Industrial Partners […]
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Advanced / Transformational TechnologyDARPA Conducts Successful First Flight Test Of Ground-Launched OpFires Hypersonic Missile
DARPA said Wednesday it has successfully conducted the first flight test of its Operational Fires (OpFires) program to develop a ground-launched hypersonic missile capability. The Lockheed Martin [LMT]-built system for […]
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Business/FinancialMerlin Labs Raises $105 Million In New Funding Round; Announces Work On C-130J
Autonomous flight technology developer Merlin Labs on Wednesday said that company has raised $105 million in new funding as it continues to build out its three phased—crawl, walk, run—approach to […]
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Advanced / Transformational TechnologyNRO Says Payloads on Electron Rockets to ‘Expand Our Intelligence Advantage’
The National Reconnaissance Office (NRO) and the Australian Department of Defense designed and developed a national security payload, which launched at 2:30 a.m. Eastern time on July 13 aboard a […]
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Advanced / Transformational TechnologyBooz Allen Creates Venture Arm With $100 Million Backing
Booz Allen Hamilton [BAH] on Wednesday launched a $100 million venture capital fund that will invest in early-stage companies with strategic dual-use commercial technologies that can benefit the company’s customers […]
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