Aerospace Group:

Lockheed Martin Makes Strategic Investment In Israeli Cyber Threat Detection Firm

Thursday, May 7th, 2015

SHARE:

A small Israeli-based cyber security firm, Cybereason, on May 6 said it has closed a new $25 million funding by private equity that includes a strategic investment by Lockheed Martin [LMT], giving the nation’s top defense contractor a stake in the company’s technology and growth.Cybereason, which has 40 employees split between Israel and Cambridge, Mass., will use the Series B funding to expand its research and development operations in Israel and its sales and marketing team in Massachusetts. The company…

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]