Business/Financial
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Advanced / Transformational TechnologyLockheed Martin Invests In Additive Manufacturing Company Fortify
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 […]
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Business/FinancialIBM To Acquire Federal IT Services Provider Octo
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 […]
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Business/FinancialRaytheon’s Venture Arm Invests In Autonomy Solutions Company EpiSci
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 […]
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Nuclear ModernizationLANL Prime Is Latest To Have Entire Option Package Picked Up By NNSA; On Through November 2028
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. […]
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Business/FinancialAnduril Gets $1.5 Billion Shot In The Arm To Accelerate R&D
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 […]
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Business/FinancialDoD Establishes New Office To Help Tech Companies Access Private Capital
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 […]
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Business/FinancialLeidos Projecting Higher Than Expected Opportunities For Dynetics Unit
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 […]
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Business/FinancialLMI Acquires Modeling And Simulation Firm Synaptech
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 […]
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Navy/USMCLockheed Martin Leveraging Palantir Software Platform To Support Aegis System
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 […]
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Business/FinancialLeonardo DRS Goes Public After Completing Deal For RADA
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 […]