Search

Mach Industries Closes $100 Million Round To Scale Production Operations

Mach Industries Closes $100 Million Round To Scale Production Operations
Mach Industries' Viper vertical takeoff cruise missiles in production at the company's Forge Huntington plant in California. Photo: Mach Industries

Mach Industries on Tuesday said it has closed a $100 million Series B round that will be used to scale production of its strike and other platforms, and small turbine engines. The funding round was led by Khosla Ventures and Bedrock, which led Mach’s $79 million Series A round and participated in the startup’s seed round. At its Forge Huntington manufacturing facility in California, Mach is developing and building its Viper vertical takeoff cruise missile. The company is also developing…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Contract Updates

SNC Manufacturing LLC (Orocovis, Puerto Rico) – $15,857,625

SNC Manufacturing LLC,* Orocovis, Puerto Rico, has been awarded a maximum $15,857,625 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for mechanics cold weather coveralls. This was a competitive acquisition with five responses received. This is a five-year contract with no option periods. The ordering…


Huntington Ingalls Inc. (Newport News, Virginia) – $9,434,758

Huntington Ingalls Inc., Newport News, Virginia, was awarded a $9,434,758 cost-plus-fixed-fee modification to a previously awarded contract (N00024-22-C-2105) to exercise options for planning and design yard activities for standard navy valves installed in commissioned nuclear-powered submarines, submersibles, and aircraft carriers.…


JRC Integrated Systems LLC (Washington, D.C.) – $10,708,589

JRC Integrated Systems LLC, Washington, D.C., is being awarded a $10,708,589 cost-plus-fixed-fee term contract (including option years) (N0003026C3031) for Trident II D5 Strategic Weapon System programs and Dreadnought programs. Tasks to be performed include operator and operational knowledge and expertise…


Lockheed Martin Corp. Missiles and Fire Control (Archbald, Pennsylvania) – $23,097,963

Lockheed Martin Corp., Missiles and Fire Control, Archbald, Pennsylvania, is awarded a $23,097,963 modification (P00007) to a previously awarded firm-fixed-price contract (N0001924C0004). This modification adds scope for the production and delivery of 4,002 Laser Guided Training Rounds Bomb Dummy Unit…