Business/Financial
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Business/FinancialGrid Aero Raises $20 Million As It Preps To Begin Flying Long-Range Cargo UAS
Grid Aero on Monday said it has raised $20 million in a funding round to move the Lifter Lite long-range, autonomous unmanned aircraft system (UAS) into flight testing and use […]
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Business/FinancialAnduril Expanding In Southern California With 1.2 Million Square Feet Of Space
Anduril Industries on Thursday said it is adding nearly 1.2 million square feet of office and industrial space at a new campus in Southern California, a sign of the company’s […]
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Business/FinancialCACI Posts Strong Earnings Gains In Second Quarter
CACI International [CACI] on Wednesday reported higher earnings and sales in its second quarter of fiscal year 2026 with growth across its customer segments despite the recent government shutdown. Net […]
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Business/FinancialHypersonic Testing Company Stratolaunch Raises New Capital
Stratolaunch on Tuesday said it has “completed a significant capital raise” to accelerate its capabilities in providing hypersonic testing services for its customers. The amount of the raise was not […]
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BudgetDefense Bill Provides $500 Million To Add Alternative Solid Rocket Motor Sources
Congressional defense appropriators have agreed to provide $500 million for the Defense Department to spend on adding alternate production sources of solid rocket motors (SRMs) to help eliminate them as […]
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Business/FinancialCanadian Software Firm Focused On Arctic Security Raises $15 Million In Seed Round
Canadian defense technology startup Dominion Dynamics on Monday said it raised $15.2 million in a seed round to accelerate the deployment of its software that enables the fusion of sensor […]
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Business/FinancialParsons Acquires Altamira For $375 Million, Strengthening Defense And Intelligence Work
Parsons [PSN] on Thursday said it has acquired Altamira Technologies in a deal valued at up to $375 million, complementing its existing capabilities in data analytics, signals intelligence, cyber, missile […]
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Business/FinancialNorthrop Grumman Says It’s In Tune With Rapid Production Goal In DoD-L3Harris Agreement
Northrop Grumman [NOC] said that it is in tune with the rapid production goal that the Pentagon said motivated its agreement with L3Harris Technologies [LHX] to spin off the latter’s […]
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Unmanned SystemsLockheed Martin, Saildrone Eye Missile Launch From USV This Summer During RIMPAC
Lockheed Martin [LMT] and its partner Saildrone this July plan to conduct a live fire launch of the Joint Air-to-Ground (JAGM) missile from an unmanned surface vessel (USV) during the […]
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Business/FinancialVenture-Backed Data Management Company Onebrief Closes $200 Million Round; Acquires Battle Road Digital
Onebrief, a startup developing a data management platform to automate workflows and reports for military commands, leaders and planners, has closed a $200 million funding round, enabling the company to […]