Lockheed Martin [LMT] on Sep. 12 said its venture capital arm has invested in an Australian capital firm that invests in high-technology companies.Lockheed Martin Ventures was part of a $132 million financing round in Main Sequence Ventures, which so far has made 12 venture capital investments in nine companies throughout Australia.For Lockheed Martin Ventures, this is its first international fund investment. The company didn't disclose the amount of its investment, but a spokesman said "we are framing this as a…
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The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]
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The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]
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A bipartisan group of six House legislators have introduced the Strategic Unmanned Systems Partnership Act–a bill to improve drone collaboration between the U.S. and Ukraine. Rep. Michael McCaul (R-Texas), the […]
Will $4 Billion For SB-AMTI/Space Data Network Backbone In Supplemental Reduce Or Add To Planned Funding For Systems In Reconciliation?
Nearly all of the Department of the Air Force’s fiscal 2027 procurement and research and development (R&D) budget for space-based air moving target indication (SB-AMTI) and the Space Data Network […]
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