Pratt & Whitney has received a $1.09 billion contract from the Defense Logistics Agency Aviation to provide parts and program management services for the U.S. Air Force’s F100 engines. What Does the Contract Cover? The Department of Defense said the agreement provides consumable and depot-level repairable parts for the F100 afterburning tu...
The $25 billion provided for the U.S. Coast Guard in the One Big Beautiful Bill Act is the largest investment in the service’s history, Homeland Security Secretary Kristi Noem told a packed ballroom on Wednesday during her keynote address at the Potomac Officers Club’s 2025 Homeland Security Summit. Noem, who received two standing ovat...
Akima subsidiary Pinnacle Solutions has received a potential $369 million delivery order from the U.S. Air Force to design, develop and deliver the T-7A Maintenance Training System, or MTS. Akima said Wednesday the Training Systems Acquisition IV, or TSA IV, delivery order has a performance period of seven and a half years, if all options...
Forterra has secured $238 million in Series C equity and debt financing to expand its autonomous mission systems for defense and logistics applications. Moore Strategic Ventures led the funding round with new investors Salesforce Ventures, Franklin Templeton, Balyasny Asset Management, 645 Ventures, Hanwha Asset Management, 9Yards Capital and NightD...
Veritas Capital announced that affiliates of its Vantage Fund have agreed to acquire artificial intelligence-enabled digital transformation services provider MetroStar Systems for an undisclosed sum. Join us for the Potomac Officers Club’s 2026 Artificial Intelligence Summit on March 18, featuring top voices from agencies and industry. Registe...
The Department of State has approved a potential foreign military sale of AIM-9X Block II Sidewinder tactical missiles and related support equipment valued at an estimated $318.4 million to the government of Denmark. RTX will serve as the principal contractor of the proposed FMS, the Defense Security Cooperation Agency said Wednesday. What Does the ...
A report by financial services company Raymond James reveals that 125 mergers and acquisitions took place in the defense and government market during the third quarter of 2025, a 30 percent increase from the same period the previous year. The November report was issued by Raymond James’ defense and government team, where Sam Maness, a...
J2 Ventures has closed its $250 million Brookhaven Fund, an oversubscribed early-stage investment vehicle focused on dual-use technologies critical to both U.S. national security and commercial markets. The Boston-based venture capital firm said the fund includes JP Morgan, MetLife, Upsher Management, Alpha Leonis Partners and the State Investment C...
The Customs and Border Protection Air and Marine Operations Division plans to issue a solicitation in early 2026 to recompete a contract valued at over $100 million for the configuration and management of up to 10 Airbus H125 Light Enforcement Helicopters and the supply of related equipment. Modern border security relies on technology and aeri...
Arcline Investment Management has entered into a definitive agreement to acquire Novaria Group, a Texas-based provider of engineered components and specialty processes for the aerospace and defense industries, in an all-cash transaction valued at approximately $2.2 billion. Founded in 2011, Novaria has formed a family of suppliers for commercial and...
