Business/Financial

HawkEye 360, which operates a constellation of satellites that sense radio frequency transmissions on Earth, on Wednesday said it has raised an additional $10 million from Lockheed Martin [LMT] and […]

Vista Outdoor, Inc. [VSTO] and the Czechoslovak Group (CSG) on Monday say that CSG has agreed to acquire Vista’s Sporting Products business for $1.9 billion, giving the Prague-based defense company […]

The venture capital (VC) firm Shield Capital on Monday said it has closed a new fund focused on early-stage investments in support of startups in the areas of artificial intelligence, […]

A minority of Terran Orbital Corp. [LLAP] shareholders upset with the direction of the small satellite company and its current valuation this week wrote the company’s board seeking a new […]

Jacobs’ [J] government contracting segment, which is up for sale, accounted for 42 percent of the entire company’s business in fiscal year 2022, according to a recent investor presentation. Another […]

Honeywell [HON], parent of the management contractors of four Department of Energy sites, is reorganizing its main business units, the company said Monday. The Charlotte, N.C.-based company will continue with […]

Bridge Core Federal last Friday said it has acquired teKnoluxion, a federal consulting firm specializing in software and systems engineering, cloud services, and data analytics solutions for the defense and […]

The acquisition process for typical programs of record is drawn out but has proven successful yet for the Defense Department to take advantage of advances in digital technologies that evolve […]

Vayu Robotics, a small startup developing artificial intelligence-enabled autonomy solutions for unmanned systems, on Tuesday emerged from stealth with $12.7 million in seed funding led by Khosla Ventures, with participation […]

Private funding in commercial space startups dramatically outpaces government investment but venture capital (VC) could wane if the Defense Department fails to quickly boost its contracting with these companies, potentially […]