CHAOS Industries raised $275 million during its recent Series C funding round. John Tenet, founder and co-CEO of CHAOS Industries, said Friday that the latest funding round reflects the company’s commitment to invest and deliver advanced defense technologies to strengthen national security. “CHAOS Industries is delivering transform...
Mercury Systems has finalized the acquisition of Star Lab, in line with efforts to continue advancing the company’s capabilities to deliver secure processing technologies to the aerospace and defense industries. Enhancing Cybersecurity Capabilities The Andover, Massachusetts-based technology company said Thursday Star Lab is now part...
HII reported revenue decline of 2.5 percent to $2.7 billion in the first quarter of 2025 compared to $2.8 billion during the same period in 2024. The company said Thursday that the slightly lower Q1 revenue is caused by decreased demand across Newport News Shipbuilding, Ingalls Shipbuilding and Mission Technologies. Per Segment Revenue HII’s I...
The cybersecurity landscape is evolving at an unprecedented pace as technology continues to advance and cyber threats grow more sophisticated. GovCons are challenged to stay ahead by modern cybercriminals leveraging AI, ransomware and advanced phishing tactics. But these challenges present GovCons with business opportunities, according to one of the...
AeroVironment has completed its acquisition of BlueHalo to advance its position as a global defense technology company with integrated capabilities across ground, air, maritime, cyber and space domains. “We are excited to complete the acquisition of BlueHalo and move forward as an even stronger and more unified AV that provides the scale, tale...
In separate LinkedIn posts shared Wednesday, Dave Hirko and Trevor Springman announced that they have been appointed to key executive positions at Peraton. Hirko was named chief technology officer and vice president for defense mission and health solutions while Springman was appointed VP of capture management. Dave Hirko Hi...
John Garrett, vice president of the Department of Defense and intelligence at Dell Technologies, said DOD leaders should deploy secure, resilient and reliable IT systems at the tactical edge to enable warfighters to rapidly analyze data and glean insights for fast decision-making. “From an IT perspective, the tactical edge is where the m...
Astrion announced on LinkedIn Tuesday that it has named Steve Hamric as its new chief financial officer. Who Is Steve Hamric? Hamric is a seasoned executive with over 30 years of industry experience, establishing a career focused on enhancing financial performance in aerospace, defense, manufacturing, IT and enterprise software. He held th...
Adam Morton, a U.S. Army veteran and industry executive, has been selected as the chief growth officer of Interactive Process Technology. The zero trust digital transformation company said Tuesday it also intends to undergo reorganization and create two new business units to further optimize the technical expertise of both capability areas...
Teledyne Technologies appointed George Bobb III as president and CEO, effective immediately. Bobb succeeds Edwin Roks, who announced his retirement after two decades at the company, Teledyne said in a press release Monday. Roks will remain as special adviser to Robert Mehrabian, executive chair of Teledyne, until Aug. 31. Who is Teledyne...
