Business/Financial

Mach Industries will manufacture drones designed by HevenDrones under a new partnership between the companies that will allow the Miami-based developer of the unmanned aircraft (UAS) to scale its production […]

The Trump administration’s government efficiency initiative has created “mixed signals” related to the federal contractor environment but impacts so far on Science Applications International Corp.’s [SAIC] business has been minimal, […]

The private equity firm Arlington Capital Partners on Wednesday introduced a new defense-focused software company, GRVTY, exiting from stealth with more than $100 million in sales and over 325 employees […]

Shield AI on Wednesday announced Gary Steele as its new CEO beginning in May, charging him with helping the startup transition to an established company. Steele’s has more than 30 […]

Rocket Lab USA [RKLB] on Tuesday evening said it intends to acquire German optical communications company Mynaric in a $75 million deal that would bring a key supplier in house, […]

Shield AI on Thursday said it has raised $240 million in a new funding round to fuel growth of its autonomy software suite that it recently began offering to other […]

A series of wildfires and windstorms around Los Angeles in January helped trim AeroVironment’s [AVAV] sales in its fiscal year 2025 third quarter and the company swung to a loss […]

The Defense Innovation Unit (DIU) has awarded Scale AI a contract to deliver generative artificial intelligence tools to assist the U.S. military with data driven, custom operational and theater-level planning, […]

General Atomics (GA) on Monday said it has acquired North Point Defense (NPD), a provider of signals intelligence exploitation software and sensor integration, adding to its capabilities in SIGINT to […]

Kratos Defense & Security Solutions [KTOS] on Wednesday reported solid fourth quarter financial results on growth across its operating segments, although bottom-line results were mixed as operating income fell but […]