Companies

Castelion, Muon Space complete Series C funding rounds

Both startups are using their newfound capital to accelerate production of their hypersonic weapons and satellites.

Companies

AEVEX enters water with $600M BlackSea acquisition

The cash-and-stock agreement expands AEVEX beyond drones into surface and underwater autonomous systems.

Companies

Boeing's sale of Insitu and more transactions to note

Acentra Health and Precise Systems move on acquisitions with their private equity backers as FedTec becomes part of a larger, more global enterprise.

Companies

Hadrian fetches $1.37B to add more automation-intensive factories

The six-year-old company has four sites for making precision parts and other components, with plans for more facilities in-the-works.

Companies

Veritas to merge Steampunk into MetroStar Systems

The combination pairs MetroStar's artificial intelligence and digital transformation work with the delivery model of Steampunk.

Companies

Leonardo DRS views Raft's software as the 'thinking part'

In talking with Wall Street, Leonardo DRS CEO John Baylouny explains the technology equation that led the company to move on this $450 million cash purchase.

Companies

Rocketdyne returns to the market

AE Industrial Partners is now in place as majority owner of the company, whose portfolio includes a rocket engine and propulsion systems.

Companies

McNally Capital adds Tenica to its national security bench

Tenica brings mission support and cybersecurity services to McNally’s growing defense and intelligence portfolio.

Contracts

K2 Space fetches $500M for its move to mass production

The four-year-old large satellite maker is pushing to build as many as 100 of them per year, some of which are contracted to be a part of the Golden Dome missile defense system.

Companies

L3Harris presses pause on Missile Solutions IPO plan

In talking with Wall Street, L3Harris Technologies CEO Chris Kubasik lays out the company's new timeline for the initial public offering and blueprint for positioning the business to investors.

Companies

Parsons moves to divest advisory, remote location contracts

In talking with Wall Street, CEO Carey Smith explains the company's choice to prioritize development work with one customer and why it opted to "stay on the SETA side of the house” with the Missile Defense Agency.

Companies

Antares fetches $470M to move on military base reactor push

The three-year-old startup wants to get ahead of the government's own deadline for operating a nuclear reactor on military property.

Companies

Carlyle Group buys data protection tech maker

Secturion Systems is also bringing aboard a new chief executive as part of this transaction, which is Carlyle's first in its middle-market play.

Companies

Leonardo DRS to acquire Raft for $450M

Leonardo DRS is looking to further build out its advanced sensing and network computing product portfolio.

Companies

ODRG bulks up national security portfolio with ASET Partners acquisition

ODRG adds enterprise IT, geospatial intelligence and cybersecurity capabilities with additional national security and homeland defense customers.

Companies

Bluestone backs Delphinus Engineering as Navy sustainment player eyes growth

This investment brings new capital for acquisitions and capability expansion, as well as a new CEO from within.

Companies

BTS and Quorum make M&A decisions, Capitol Meridian closes second fund

This roundup of three recent transactions across the market covers one acquisition, the receipt of external backing and resources for future investments.

Companies

Air defense, cloud and propulsion startup investment rounds to note

One of the blue chip defense hardware companies is also spreading its venture investment wings beyond the U.S.

Companies

Westway receives Capitol Meridian's backing

Westway currently operates four classified facilities for government contractors with plans for a fifth and more.

Companies

Empower AI acquires data, digital transformation outfit

This is Empower AI's first acquisition completed with the backing of majority owner KKR.