Aerospace Group:

Advanced / Transformational Technology

Second Front Closes $40 Million Investment Round

By Cal Biesecker

Tuesday, November 28th, 2023

SHARE:

Second Front Closes $40 Million Investment Round

Tyler Sweatt, CEO of Second Front Systems. Photo: Second Front

Second Front Systems, a software firm that helps other companies deliver software solutions to government and national security customers, has closed a $40 million Series B funding round that raises total investments in the company to $80.1 million. The latest funding round was led by the venture capital firm New Enterprise Associates (NEA) with current investors Moore Strategic Investors and HorizonX, the venture capital platform of the private equity firm AE Industrial Partners formed in partnership with Boeing [BA]. Moore…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]