Business/Financial
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Business/FinancialShield AI Brings In Seasoned Executive To Help Scale Company
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 […]
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Business/FinancialRocket Lab To Acquire Laser Comms Supplier Mynaric To Strengthen Supplier Base
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, […]
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Advanced / Transformational TechnologyShield AI Raises $240 Million In New Round That Includes L3Harris
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 […]
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Business/FinancialAeroVironment Swings To Loss In Third Quarter; Cali Fires Clip Sales
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 […]
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Advanced / Transformational TechnologyThunderforge Award Goes To Scale AI, Bringing Artificial Intelligence To Military Planning
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, […]
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Business/FinancialGeneral Atomics Acquires Signals Intelligence Firm; Establishes Cross-Collaborative Software Enterprise
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 […]
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Business/FinancialKratos Ends Strong Year With Solid Fourth Quarter; Sees $1 Billion Sales Potential With Prometheus
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 […]
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Business/FinancialKratos And RAFAEL Partner To Join Growing Field Of Rocket Motor Makers
Kratos Defense & Security Solutions [KTOS] and Israel’s RAFAEL Defense Systems on Wednesday said they have formed a joint venture to become a U.S.-based merchant supplier of solid rocket motors […]
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Advanced / Transformational TechnologyL3Harris, Shield Team On Integrating EW Management System With AI Pilot
L3Harris Technologies [LHX] and Shield AI are collaborating on a demonstration of an electronic warfare battle management system integrated into unmanned aircraft systems (UAS) piloted by artificial intelligence for operations […]
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Business/FinancialVTG Acquires Loki Solutions To Expand Presence In Intel Community
Digital and engineering technology services firm VTG on Tuesday said it has acquired information technology company Loki Solutions LLC to expand its work with the intelligence community (IC). Terms of […]