Business/Financial
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Business/FinancialGeneral Dynamics CFO Aiken Will Add Technologies Segment To Leadership Role
General Dynamics [GD] on Monday said Jason Aiken, the company’s chief financial officer (CFO), will also become head of the Technologies segment beginning in 2023, expanding his role in the […]
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Business/FinancialL3Harris Diversifying Weapons, Space Work With $4.7 Billion Deal For Aerojet Rocketdyne
Nearly a year after the collapse of a proposed deal by Lockheed Martin [LMT] to buy engine and rocket maker Aerojet Rocketdyne [AJRD], the only independent supplier of tactical rocket […]
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Business/FinancialMaxar Gets A Premium In Private Equity Deal And Firepower To Boot
Maxar Technologies [MAXR] last Friday said it has agreed to be acquired by the private equity firm Advent International for about $4 billion in cash, a $53 per share price […]
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Advanced / Transformational TechnologyShield AI Gets $60 Million Boost To Funding Round
Shield AI this week said it received another $60 million equity investment to funding round that previously closed at $165 million, giving the small defense technology startup more firepower to […]
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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 […]