Business/Financial
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Business/FinancialDavie Defense Completes Acquisition Of Texas-Based Shipyards
Davie Defense on Wednesday said it has completed its acquisition of Gulf Copper & Manufacturing Corp.’s shipbuilding assets in Texas, which will support the Coast Guard’s future Arctic Security Cutter […]
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Business/FinancialApplied Aerospace And PCX Aerosystems Merge To Scale Aerospace Manufacturing Capabilities
Two aerospace suppliers, Applied Aerospace and PCX Aerosystems, are merging to create greater scale as a supplier of precision hardware and systems for aircraft, rotorcraft, satellites, launch vehicles, and missile defense. Both companies […]
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Business/FinancialFTC Requires Boeing To Divest Certain Spirit Assets To Win Deal Approval
Boeing [BA] must divest certain assets of Spirit AeroSystems [SPR] and maintain the company’s position as a supplier to competitors for military aircraft programs to earn the federal government’s approval […]
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Business/FinancialSaronic Invests $300 Million To Add Production Capacity To Louisiana Shipyard
Autonomous surface vessel developer and manufacturer Saronic on Wednesday said it is investing $300 million to add 300,000 square feet of production capacity to its shipyard in Franklin, La., to […]
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Advanced / Transformational TechnologyApplied Intuition, SNC Partner On Autonomy For Mobile Air Defense Systems
Vehicle autonomy solutions developer Applied Intuition is integrating its technology into mobile missile defense and counter-drone platforms developed by SNC to reduce personnel risk, minimize manpower needs, and lower costs […]
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Unmanned SystemsIsrael’s Axon Vision Partners With Leonardo DRS On AI For Autonomous Counter-Drone Solutions
Israel’s Axon Vision on Monday said it is partnering to bring its artificial intelligence automation technology to counter-drone solutions provided by Leonardo DRS [DRS] for the U.S. defense market. Axon […]
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Business/FinancialHeven AeroTech Raises $100 Million To Scale Production, Develop Quantum Capabilities
Drone developer Heven AeroTech on Monday said it has raised $100 million in a new funding round for expanding its manufacturing infrastructure, fielding infrastructure that supports its hydrogen-powered drones and […]
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Unmanned SystemsQuantum Tech Firm IonQ Invests In, Partners With, Drone Company Heven
IonQ [ONQ] this week said it has made a financial investment in hydrogen-powered drone developer Heven AeroTech, part of a new strategic partnership between the companies to bring quantum technology […]
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Business/FinancialVTG Acquires Software Engineering Firm Miklos Systems
VTG on Tuesday said it had acquired Miklos Systems, Inc. (MSI), in a deal that strengthens its digital transformation capabilities with the intelligence community. Terms of the transaction were not […]
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Business/FinancialFairbanks Morse Defense To Acquire Naval Supplier Truflo Marine
Fairbanks Morse Defense (FMD) on Monday said it has agreed to acquire United Kingdom-based Truflo Marine in a deal that expands its current work in valve design and manufacturing and […]