Textron plans to separate its industrial segment from its aerospace and defense businesses. The Providence, Rhode Island-headquartered firm said Thursday that it is exploring multiple paths, including the sale of the business or a tax-free separation to establish a standalone, publicly traded company. The company intends to complete the separation w...
President Donald Trump has signed into law a measure restoring funding to most components of the Department of Homeland Security, ending a 76-day lapse in appropriations for DHS. The recent DHS funding developments come as leaders across government and industry prepare to address evolving homeland security priorities. Join top officials and experts ...
Exiger has appointed Adi Kavaler as chief technology officer. The company said Thursday that Kavaler, who previously served as an executive at Zilliant, will lead efforts to accelerate and scale its artificial intelligence platform. “We’re bringing the market to the bleeding edge with an AI-native product development lifecycle and platfo...
York Space Systems has agreed to acquire satellite communications terminal provider ALL.SPACE, a move aimed at strengthening York’s ability to deliver resilient, multi-domain connectivity for defense and commercial missions. The deal will bring ALL.SPACE’s multi-orbit, multi-band communications technology into York’s broader missio...
Parsons has reported $1.49 billion in first quarter 2026 revenue, down 4 percent year over year, while setting a quarterly record in adjusted EBITDA. What Were Parsons’ First Quarter Results? Excluding a confidential contract, the Chantilly, Virginia-based company said Wednesday that total revenue increased 8 percent and organic revenue r...
Shawn Tyrie, a former account executive at Amazon Web Services, has joined Agile Defense as chief revenue officer. In his new role, he will lead initiatives supporting growth, market expansion and customer engagement across federal government, defense and intelligence communities, the cybersecurity and digital transformation services provider said W...
OSIbeyond has introduced a compliance-as-a-service, or CaaS, offering designed to help defense contractors secure and maintain Cybersecurity Maturity Model Certification. The fully managed, subscription-based model integrates IT operations, cybersecurity and compliance into a single platform, the Maryland-headquartered company said Wednesday. Gain a...
Scout AI has raised $100 million in a Series A funding round to accelerate development of its “Fury” foundation model, designed to coordinate unmanned military systems across domains. The oversubscribed round — co-led by Align Ventures and Draper Associates — is the largest Series A financing in the U.S. defense technology sector to ...
Raytheon, an RTX business, has received a $206.2 million contract from the U.S. Navy to integrate advanced Global Positioning System capabilities into a precision landing platform. Efforts such as enhanced GPS integration reflect the Navy’s broader push toward modernization. Explore more strategies shaping naval operations and drivin...
True Anomaly has secured $650 million in a Series D funding round co-led by Eclipse and Riot Ventures to accelerate the development and deployment of space capabilities. Fresh off a Series D funding raise, True Anomaly’s push to scale space superiority capabilities comes as industry and government leaders prepare to tackle the same priorities ...
