Business/Financial

Anduril Industries last Friday said it raised $1.5 billion in a new funding round that will be used to accelerate its research and development into new defense and security technologies […]

Defense Secretary Lloyd Austin on Thursday established a new DoD office charged with helping companies that are developing technologies critical to national security partner with private capital to help them […]

Leidos [LDOS] is forecasting about 6 percent annual growth in the addressable market for its Dynetics business unit, up from about 4 percent projected a year ago, driven by accelerating […]

The federal and defense consulting firm LMI on Thursday said it has acquired Synaptech in a deal that adds new capabilities in modeling and simulation software and also expands its […]

Palantir Technologies [PLTR] on Wednesday said it is working with Lockheed Martin [LMT] to enhance software delivery for the Aegis and Future Integrated Combat System. The collaboration leverages Palantir’s Apollo […]

Leonardo DRS on Monday said it had completed its all-stock merger with RADA Electronic Industries, clearing way for Leonardo DRS to become a public company, with its shares set to […]

The private equity firm Highlander Partners on Monday said it has acquired Liteye Systems, a provider of counter-drone solutions for defense and security applications. Terms of the deal were not […]

Britain’s QinetiQ Group plc on Wednesday said its U.S. subsidiary has completed a $590 million acquisition of Avantus Federal in a deal that that more than doubles the size of […]

BAE Systems on Monday said it has formed a joint venture with the information technology (IT) services company Purisolve, Inc. to pursue business in the federal market. The Promoveo Solutions […]

Jacobs [J], the Dallas-based leader and member of various Department of Energy nuclear contractors, had a good fiscal 2022, with revenue and profit each rising for the year, the company […]