M&A Trends

Noblis' venture arm backs generative AI company

The nonprofit firm’s vehicle for investing in startups takes it to a company that works with organizations on adopting artificial intelligence and stay within their security and regulatory guardrails.

York adds software, antenna offerings via acquisition

The small satellite maker moves to further round out its portfolio as the Defense Department pursues its Golden Dome missile defense vision.

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Booz Allen gives big boost to its venture arm

Technology remains in the core for Booz Allen Ventures, which is widening its scope to include companies involved in manufacturing and the U.S.' reindustrialization efforts.

Hadrian secures $260M in Series C capital

The five-year-old company views artificial intelligence and robotics as necessary to automate defense component manufacturing and make it happen at scale.

AIS acquires analytics provider to expand AI offerings

Applied Information Sciences is also adding the departments of Justice and Homeland Security as customers, as well as the FBI.

CASE acquires IT services provider

The AE Industrial Partners-backed company adds more work in areas like blockchain and digital forensics.

Firestorm Labs fetches $47M in Series A capital

Lockheed Martin's venture arm makes another investment in the three-year-old drone maker, which added Booz Allen Hamilton's venture arm in this round.

Sphinx acquires language translation tech provider

Sphinx is using this transaction to gain a pair contract vehicles and an avenue for advancing its cyber software product line.

Firefly files for initial public offering

The eight-year-old maker of launch vehicles and other spacecraft gives a deeper look at its business for the first time, as is required before the listing completes.

Pentagon to become rare earth mining company's largest stockholder

The Defense Department will buy a 15% stake in MP Materials and fund the construction of a magnet-making facility, all with an eye toward breaking the U.S.' reliance on China for rare earths.

Corsha adds Booz Allen's venture arm as an investor

The seven-year-old cybersecurity company touts the Air Force as user of its machine identity products that work to detect unusual patterns on networks involving operational technology.

Saalex acquires avionics software specialist

Saalex has gradually moved eastward through acquisitions like this one and a move of its corporate headquarters from Southern California.

B&A acquires Hexagon Federal’s defense, intelligence portfolio

The transaction gives B&A access to more contract vehicles and geospatial expertise.

Parsons acquires Chesapeake Technologies in $89M transaction

Parsons is looking to beef up its technology portfolio for the electromagnetic spectrum, or what CTI calls the "invisible battlefield."

Raft acquires data fusion tech developer

The buyer is looking to bolster the capabilities of its agentic artificial intelligence tools for use by military operators.

Muon Space closes Series B round at $146M

The four-year-old small satellite maker has more financial resources for the development of its Earth intelligence gathering platform and to acquire another company.

ODRG secures venture backing for national security, geospatial tech strategy

Advantage Capital is investing in the 12-year-old contractor through Empower The Change, a fund started in 2022 to exclusively provide capital to minority-owned businesses.