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Castelion's logo. Castelion closed its series B funding roundIndustry News
  • December 8, 2025

    Castelion Raises $350M in Series B Funding Round to Advance Hypersonic Weapon Development

    Castelion, a defense technology company, has secured $350 million in Series B financing to support the development of its first
    CACI logo. CACI will continue providing engineering services to the U.S. Navy’s Portsmouth Naval Shipyard.Contract Awards
    • December 4, 2025

      CACI Awarded $145M Task Order to Support Portsmouth Naval Shipyard Engineering Work

      CACI International has secured a potential five-year, $145 million task order to continue providing engineering services to the U.S. Navy’s
      LMI Incoming CEO Josh Wilson. LMI has acquired intellectual property and advanced capabilities, enabling it to offer SPECTR.M&A Activity
      • December 3, 2025

        LMI Acquires IP to Launch SPECTR Sensor Mesh Platform

        LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for
        Andrea Kunk, president of Peerless Technologies. Kunk said the combination of Peerless and QED creates expanded capabilitiesM&A Activity
        • December 2, 2025

          Peerless Expands Defense Capabilities Through QED Systems Acquisition

          Peerless Technologies has acquired Maryland-based defense contractor QED Systems. Peerless said in a LinkedIn post Monday that the acquisition is
          Lou Von Thaer. The Battelle CEO welcomed retired Navy Adm. Craig Faller and Adele Gulfo to the company's board.Executive Moves
          • November 20, 2025

            Battelle Welcomes Former USSOUTHCOM Commander, Healthcare Exec to Board of Directors

            Battelle has elected retired U.S. Navy Adm. Craig Faller and healthcare industry executive Adele Gulfo to its board of directors.
            Xcelerate Solutions CEO Mark Drever. Xcelerate added Terry Emmert, Steve Cubarney and Boodi Blanc to its leadership team.Executive Moves
            • November 19, 2025

              Xcelerate Adds Three Executives to Drive Strategic Growth

              Xcelerate Solutions, a defense and national security company backed by McNally Capital, has added three senior executives to its leadership team.
              ASRC Federal logo. DLA has awarded ASRC Federal a contract to supply chemicals, petroleum, oils and lubricants.Contract Awards
              • November 17, 2025

                ASRC Federal Lands Potential $1.2B DLA Contract for ChemPOL Supply

                ASRC Federal has secured a potential $1.18 billion contract from the Defense Logistics Agency for the procurement of third generation chemicals,
                SAIC logo. SAIC will consolidate its five current business groups into three as part of an organizational restructuring.Department of War
                • November 14, 2025

                  SAIC Announces Organizational Realignment

                  SAIC will consolidate its five current business groups into three as part of an organizational restructuring intended to simplify operations,
                  ARMADA Parent logo. ARMADA has acquired Poseidon Industrial.M&A Activity
                  • November 13, 2025

                    ARMADA Acquires Poseidon Industrial to Strengthen Naval Modernization, Repair Capabilities

                    ARMADA Parent, a provider of ship repair and construction services for the U.S. Navy, has acquired Virginia-based Poseidon Industrial to
                    Raymond James logo. A Raymond James report shows that 125 M&As occurred in the defense and government market in Q3 2025.M&A Activity
                    • November 12, 2025

                      Raymond James Report: Defense & Government Market Recorded 125 M&As in Q3 2025

                      A report by financial services company Raymond James reveals that 125 mergers and acquisitions took place in the defense and
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