:

Business/Financial

Onboard Data Visibility Firm Shift5 Raises $33 Million In New Funding; Booz Allen Joins In

By Cal Biesecker

Thursday, June 8th, 2023

SHARE:

Onboard Data Visibility Firm Shift5 Raises $33 Million In New Funding; Booz Allen Joins In

Josh Lospinoso, co-founder and CEO of Shift5. Photo: Shift5

Shift5, a small company with a software platform that gives users visibility into the data on their operational technology such as weapon systems, tanks and aircraft, and other military and commercial assets, has raised $33 million in new funding from investors, including Booz Allen Hamilton [BAH]. Shift5’s technology collects data crossing networks aboard assets and platforms that is typically difficult to access giving users more intelligence about the performance of their fleets, such as predictive maintenance and compliance. The technology…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]