Business/Financial

HII [HII] on Monday announced Bayou Metal Supply & Manufacturing as a strategic partner for its ROMULUS 151 unmanned surface vessel (USV), creating a dedicated line to supply production modules […]

Palladyne AI [PYDN] on Monday said it is in an exclusive partnership to manufacture and market several combat-proven long-range loitering munitions developed and manufactured in Israel by Israel Aerospace Industries […]

Allen Control Systems (ACS) on Friday said it has raised $200 million to scale production of its Bullfrog autonomous weapon station that can be integrated with different weapons—including the M240 […]

Satellite bus manufacturer Apex on Friday said it raised more than $200 million in a new investment round to add more engineers, continue vertical integration of satellite production, and provide […]

Newly public aerospace and defense component supplier Arxis, Inc. [ARXS] on Tuesday said it has agreed to acquire Omnetics Connector Corp., designer and manufacturer of small connectors for multi-industrial applications, […]

Mach Industries on Tuesday said it raised $300 million in a Series C round that will be put toward expanding its Forge factory network, small jet engine production efforts, advancing […]

Boeing [BA] said on Monday that it has validated the low Radar Cross Section (RCS) of the company’s MQ-28 Ghost Bat drone. “The MQ-28’s RCS reduces the range that enemy […]

Network and security company Motorola Solutions [MSI] on Monday said it has agreed to acquire D-Fend Solutions, an Israel-based provider of radio frequency systems to detect and counter threats from […]

Shipbuilder Davie Defense on Monday broke ground on a $1 billion modernization of its Gulf Copper facilities in Galveston and Port Arthur, Texas, to ready the operations to begin construction […]

Two days after the Space Force Space Systems Command (SSC) awarded SpaceX a nearly $2.3 billion contract for the Space Data Network Backbone, a proliferated low Earth orbit communications network, […]