Companies

Private equity firm forms new defense manufacturer with two acquisitions

Ventus Industrial Partners creates Aeron Defense to build production capabilities across key military programs through a workforce ownership model.

Knexus gets DC Capital's backing

The 20-year-old company is looking to further scale its capacity for producing enterprise artificial intelligence offerings and shorten the time from development to fielding.

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Auria acquires command, control software developer

The Enlightenment Capital-backed company grows its workforce to roughly 500 people with BCubed in the fold.

A trio of CEO transitions to highlight

PDW and Valiant Integrated Services look within their own ranks, while Valkyrie Enterprises brings in a former longtime leader at Science Applications International Corp.

Capgemini to sell U.S. government unit over ICE work

The French government’s pressure on the Paris-based company over detention facility contracts has prompted the plan to divest the small, but controversial unit.

Finance, tech and growth leadership moves across the market

One former Air Force chief information officer starts a new role in the private sector, as does a former Defense Advanced Research Projects Agency official.

York Space Systems raises $629M in public offering

The 14-year-old satellite manufacturer got the valuation it wanted from Wall Street in an active year for space listings.

Reveal Technology acquires Anomaly Six to grow intelligence offerings

The defense technology company is adding global location tracking and behavioral analysis tools to its geospatial intelligence platform.

Copper River eyes larger modernization footing via acquisition

In buying The Prospective Group, Copper River is also looking to expand its portfolio of cybersecurity and analytics offerings for federal agencies.

Data Systems Analysts promotes Foley to CEO

Fran Pierce has led DSA as chief executive since 1991 and is remaining involved as a member of its board of directors.

Shift5 hires former L3Harris exec as interim CEO

Josh Lospinoso, a co-founder and Shif5's former chief executive, is transitioning out of day-to-day duties to focus more time and energy on longer-term planning.

The missing middle: America’s overlooked weakness in defense innovation

Federal funding flows to research labs and prime contractors, but the companies best positioned to turn prototypes into production are starving for capital — and that's a strategic vulnerability the U.S. can't afford, writes Stephen Empedocles, CEO of Clark Street Associates.

CTC's longtime leader Ed Sheehan to retire

CTC just completed its new 10-year strategic plan to shape the nonprofit's future as an applied scientific research-and-development firm.

Northwood closes $100M Series B round, books $50M Space Force contract

This space startup co-founded by Bridgit Mendler, the former actress-turned entrepreneur, is pushing a smaller-form alternative array to traditional means as a way to scale out ground infrastructure.

Lockheed Martin launches wildfire tech venture with Salesforce, PG&E and Wells Fargo

EmberPoint will combine artificial intelligence, autonomous systems and military-grade sensors to help first responders detect and suppress fires faster.

York Space Systems eyes supplier acquisition after going public

The 14-year-old small satellite maker also gives investors details on how much stock will be available to buy and the price range for the shares.

OMB reverses Biden-era software attestation order

A new executive branch memorandum instead allows agencies to lean on software bills of materials, or SBOMs, in lieu of a universal attestation framework.