Business/Financial

Epirus on Tuesday named Ken Bedingfield as its new CEO, succeeding Leigh Madden, who led the company for nearly three years. Bedingfield joined Epirus in June 2020 as chief operating […]

L3Harris Technologies [LHX] on Tuesday said it has received all U.S. and international regulatory approvals for its pending acquisition of the tactical data link product line from ViaSat [VSAT], with […]

General Dynamics [GD] on Monday said Jason Aiken, the company’s chief financial officer (CFO), will also become head of the Technologies segment beginning in 2023, expanding his role in the […]

Nearly a year after the collapse of a proposed deal by Lockheed Martin [LMT] to buy engine and rocket maker Aerojet Rocketdyne [AJRD], the only independent supplier of tactical rocket […]

Maxar Technologies [MAXR] last Friday said it has agreed to be acquired by the private equity firm Advent International for about $4 billion in cash, a $53 per share price […]

Shield AI this week said it received another $60 million equity investment to funding round that previously closed at $165 million, giving the small defense technology startup more firepower to […]

Fortify, a small company that provides additive manufacturing for radio frequency (RF) components, on Tuesday said it has received a strategic investment from Lockheed Martin’s [LMT] venture capital arm that […]

IBM [IBM] on Wednesday said it has agreed to acquire Octo, a provider of information technology (IT) modernization services to the intelligence and national security communities, and various other federal […]

Raytheon Technologies [RTX] on Thursday said its venture capital arm has made a minority investment in EpiSys Science (EpiSci), a small California-based company developing autonomous solutions for defense and security […]

The National Nuclear Security Administration (NNSA) extended Los Alamos National Laboratory management and operations contractor Triad National Security for five more years, through Nov. 1, 2028, the agency said Tuesday. […]