Business/Financial
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Business/FinancialLone Star Funds Completes Acquisition Of Ship Repair, Marine Businesses
The investment firms Carlyle [CG] and Stellex Capital Management on Thursday said they have completed the sale of ship repair and marine and heavy complex fabrication businesses to the private […]
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Business/FinancialLockheed Martin Takes Minority Stake In Additive Manufacturer Sintavia
Following up on a partnership announced last December between Lockheed Martin [LMT] and Sintavia, the two companies said on Wednesday that Lockheed Martin has made an investment in the additive […]
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Advanced / Transformational TechnologyBoeing, Private Equity Platform Invests In Machine Learning Firm JuliaHub
The private equity firm AE Industrial Partners (AEI) on Tuesday said HorizonX, the venture capital investment platform it partners with Boeing [BA] on, has made a $13 million investment in […]
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Business/FinancialTech, VC Firms Urge DoD Adopt Commercial Technologies
Commercial technologies are ready for the Defense Department to use but the Pentagon could more quickly take advantage of these products and capabilities by implementing recent recommendations of a bipartisan […]
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Business/FinancialLockheed Martin Invests In Space Engine Company Agile Space Industries
Agile Space Industries last Friday said it has completed a $13 million investment round that included Lockheed Martin Ventures to help the small space engine company with its expansion plans. […]
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Business/FinancialAnduril Enters Rocket Motor Business With Acquisition Of Adranos
Anduril Industries on Sunday said it has acquired Adranos Inc. in a deal that puts Anduril in the solid rocket motor business and gives Adranos the backing to further advance […]
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Business/FinancialHASC Would Block Biden Proposal Requiring Defense Contractors To Report Greenhouse Gas Emissions
A Biden administration proposal that would require defense contractors to disclose their greenhouse gas emissions (GHG) and plans to reduce those emissions was rejected by the House Armed Services Committee […]
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Advanced / Transformational TechnologyShield AI Integrating Artificial Intelligence Pilot Into Kratos’ Valkyrie Stealth Drone
Artificial intelligence (AI) technology company Shield AI on Thursday said has teamed with Kratos Defense & Security Solutions [KTOS] to integrate its autonomous piloting technology into the defense company’s XQ-58 […]
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Advanced / Transformational TechnologyAnduril Partners With Advanced Manufacturer Hadrian To Speed Production
Anduril Industries on Thursday said it entered a strategic partnership with precision components manufacturer Hadrian to provide key components and parts for the company’s autonomous systems at dramatically reduced lead […]
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Business/FinancialAirbus Ventures Invests In U.S. Hypersonic Rocket Company Venus Aerospace
Venus Aerospace on Wednesday said that Airbus Ventures has joined the company’s team of investors, providing additional fuel to move its new rocket engine from the lab to the prototype […]