Companies
Booz Allen cuts more jobs, lowers outlook amid funding slowdowns
“We see our civil business operating in the most challenging market in a generation,” CEO Horacio Rozanski told investors.
Companies
CACI's view of shutdowns then and now
In talking with Wall Street, CACI International CEO John Mengucci describes how selling through purchase orders is different than the last time there was a shutdown as the company makes more big bets on counter-drone tech.
Companies
Venus Aerospace secures Lockheed's venture backing
This is the newest in a string of Lockheed Martin Ventures investments in the power and propulsion domain.
Companies
Anduril acquires infrared camera manufacturer
This is Anduril’s 10th acquisition since it opened for business in 2017.
Companies
Defense services companies face ‘structural issues’ as tech disruptors surge
Artificial intelligence displacement and higher acquisition prices threaten the growth model that has sustained industry leaders for two decades.
Companies
Valiant hires former J&J exec Mattingly as CEO
Valiant has been owned by investment firm The GC Companies since 2017.
Companies
Defense industry must embrace speed and innovation, Austin says
The former defense secretary cites lessons from the war in Ukraine and warns about the risk of slow procurement and production gaps.
Companies
Sev1Tech secures $49M Marine Corps task order for cyber and network operations support
The company will provide lifecycle support to the Naval Information Warfare Center Atlantic and expand its presence in Charleston, South Carolina.
Companies
Lentech appoints Einfalt as interim CEO, Dillahay steps down
Paul Dillahay is a senior executive at DigitalNet.ai, the new artificial intelligence company founded by serial entrepreneur Ken Bajaj that Lentech is also partnering with.
Companies
Axiom Space hires NASA, BWXT vet as CEO
Axiom Space is one of three recipients of Space Act Agreements to vie for the International Space Station replacement.
Companies
Rampart brings in Javaid as chief executive
Rampart holds 55 registered patents and designs its waveform technologies to secure content and metadata in networks.
Companies
Amida promotes Srinivasan to chief executive
Co-founder Peter Levin moves into an executive director role focused on the company's artificial intelligence portfolio.
Companies
JPMorgan Chase unveils $10B national security investment plan
Direct equity and venture capital investments will feature in the global banking giant's new Security and Resiliency Initiative.
Companies
HavocAI closes $85M capital raise
The one-year-old startup partners with existing shipyards to build its uncrewed vessels and focuses on their central operating systems to integrate the autonomy.
Companies
AI export control bill passes Senate as NDAA amendment
The GAIN AI Act, which forces chip manufacturers to prioritize U.S.-based customers, made its way into the Senate’s final National Defense Authorization Act text.
Companies
Sigma Defense acquires Aries Defense to boost tactical edge capabilities
The transaction adds video and sensor integration expertise, while also marking Sigma’s third CJADC2-related acquisition in the past two years.
Companies
A trio of CEO transitions and more leadership moves to note as fiscal 2026 arrives
Our newest listing of key hires and promotions includes three new chief financial officers and two new chief operating officers. A former Air Force deputy chief information officer is now in industry as well.
Companies
Xcelerate pushes to grow artificial intelligence chops via acquisition
ClearAvenue opened for business in 2002 and brings to the buyer some past performance qualifications in the technology.
Companies
Stoke Space closes $510M Series D financing round
The five-year-old company is pushing to both further iterate its Nova rocket and complete a new launch complex at Cape Canaveral Space Force Station.
Companies