Advanced / Transformational Technology
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Unmanned SystemsHII, Metalcraft Complete Prototype Small USV Project For DIU, Marines Corps
HII [HII] and its partner MetalCraft Marine have successfully completed development and sea testing of a prototype small autonomous unmanned surface vessel (USV) for the Marine Corps under a Defense […]
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Business/FinancialJoby Aviation Agrees To Acquire Resonant Sciences To Expand, Diversify Defense Business
Joby Aviation [JOBY] on Tuesday said it has agreed to acquire Resonant Sciences for $500 million in a deal that expands its defense business and adds new technologies. The transaction […]
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Unmanned SystemsSaronic Adds Gulfport Site For On-Water USV Testing
Saronic announced another American Gulf Coast facility that is already performing some unmanned surface vessel (USV) work at the Port of Gulfport, Miss. The company said its new site covers […]
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Advanced / Transformational TechnologyArcher Acquiring Boeing Businesses That Add Drones, Autonomy And Air Traffic Management
Archer Aviation [ACHR] on Monday said has agreed to acquire three businesses from Boeing [BA], including the company’s Insitu subsidiary that develops and manufactures Group 3 unmanned aircraft systems (UAS), […]
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Advanced / Transformational TechnologyEpirus Tightens Relationship With Marines To Counter Drones Using Directed Energy
With a new $11 million contract in hand from the Marine Corps, Epirus will deliver a second-generation version of its directed energy system to be integrated with an existing short-range […]
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PentagonDoD Plans $150 Million Loan To Boost U.S. Rare Earth-Free Magnet Production
The Pentagon’s Office of Strategic Capital (OSC) on August 7 said it signed a $150 million conditional loan commitment with Niron Magnetics, Inc., to scale the company’s permanent magnets that […]
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Air ForceAir Force Looking For Drone Production In Remote, Forward Locations
The Air Force is soliciting ideas from companies on their capacity to build Group 1 and Group 2 drones at remote, forward sites and to scale up that production. Group […]
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Advanced / Transformational TechnologyHII Locking In Autonomous Robotic Help For Shipbuilding With $900 Million In Production Agreements
HII [HII] is putting up $900 million in potential contracts to two companies providing robotic manufacturing technology—GrayMatter Robotics and Path Robotics—to bring on new capabilities for Navy shipbuilding, speed production […]
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Air ForceKratos Views Engines For Low-Cost Cruise Missiles As Growth Area
Lower cost, $300,000 or less cruise missiles and their engines present a significant opportunity for Kratos Defense & Security Solutions [KTOS], its CEO said this week. “The Family of Affordable Mass […]
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Advanced / Transformational TechnologyHadrian Raises $1.4 Billion To Cache Firepower Amid Surging DoD Demand For Weapons Manufacturing
A year after raising $260 million to build out a new production and other facilities, advanced manufacturing company Hadrian on Thursday said it has garnered $1.4 billion in new investments […]