Business/Financial

Booz Allen Hamilton [BAH] last Friday said it made a strategic investment in NODA AI, a startup developing software that allows different autonomous systems to work together across air, land, […]

L3Harris Technologies [LHX] said on Thursday that the Pentagon has invested $1 billion from Defense Department’s Industrial Base Analysis and Sustainment (IBAS) program in the company’s new Missile Solutions business, […]

Lockheed Martin [LMT] on Thursday posted lower net earnings in its first quarter due to a drop in profits at three of its business segments while sales were flat. Net […]

Boeing [BA] on Wednesday reported lower losses in its first quarter amid higher sales across its operating segments and defense in particular. Notably, the company delivered a “clean quarter” free […]

Lockheed Martin’s [LMT] Rotary and Mission Systems business on Wednesday said it has invested $25 million in counter-drone company Fortem Technologies that will help Fortem on its path to increase […]

Senior Pentagon officials on Tuesday detailed the department’s aim to massively increase spending on drone and industrial base investment initiatives by tens of billions of dollars in fiscal year 2027, […]

Northrop Grumman [NOC] sold the U.S. Air Force one of the company’s test B-21 Raiders as part of an effort to accelerate production of the 6th generation stealth bomber. “To […]

NATIONAL HARBOR, Md.—Leidos [LDOS] and the all-domain autonomy company Havoc on Monday formally partnered to add the startup’s collaborative autonomy capabilities to Leidos’ existing autonomy stack used on its family […]

NATIONAL HARBOR, MD.—Anduril Industries, which last fall announced a partnership with HD Hyundai Heavy Industries to design and develop autonomous surface vessels (ASVs) to meet requirements of the U.S. Navy, […]

Autonomous maritime vessel developer Ulysses on Thursday said it has raised $46 million in two funding rounds, a previously undisclosed seed financing last year, and new Series A investment, to […]