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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
    Denmark flag. The State Department approved two Denmark FMS requests worth $3.73B for AMRAAMs and IBCS.Acquisition & Procurement
    • December 8, 2025

      RTX, Lockheed, Leidos, Northrop to Support $3.7B Denmark Defense Sales

      The U.S. State Department has cleared two potential foreign military sales to Denmark totaling an estimated $3.73 billion for air-to-air
      General Dynamics logo. The company has promoted Danny Deep to president and named Dana Maisano controller, effective April 1.Executive Moves
      • December 8, 2025

        General Dynamics Announces Key Leadership Changes

        General Dynamics has promoted Danny Deep, a more than two-decade company veteran, to president and selected Dana Maisano, staff vice
        Jim Reagan. The interim CEO of SAIC discussed the FY 2026 Q3 results and the SilverEdge acquisition.Financial Reports
        • December 5, 2025

          SAIC Posts $1.9B in FY2026 Q3 Revenue; Jim Reagan on SilverEdge Acquisition, Strategic Priorities

          SAIC reported $1.87 billion in fiscal year 2026 third-quarter revenue, down 5.6 percent from the same period the previous year,
          Chris Hassett, executive vice president and general manager at Auria. Hassett joins Auria from ManTechExecutive Moves
          • December 5, 2025

            Army Veteran Chris Hassett Joins Auria’s Public Sector Business as EVP, GM

            Auria has named Chris Hassett as the new executive vice president and general manager of its commercial and public sector
            Josh Gruenbaum. The GSA FAS commissioner commented on the launch of OASIS+ Phase II.Acquisition & Procurement
            • December 5, 2025

              GSA Launches OASIS+ Contract Program’s Phase II

              The General Services Administration has launched the second phase of the One Acquisition Solution for Integrated Services Plus, or OASIS+,
              Mark Kavanaugh. The KBR executive said the NAVAIR contract win showcases KBR’s expertise on the F/A-18 platform.Contract Awards
              • December 5, 2025

                KBR Secures $117M NAVAIR Contract for F/A-18 FMS Support

                KBR has received a $117 million follow-on contract to continue supporting the U.S. Naval Air Systems Command’s F/A-18 and EA-18G
                The Canadian flag. Canada requested to purchase thousands of air strike weaponsDOD
                • December 5, 2025

                  US Approves Canada’s $2.7B Air Strike Weapons FMS

                  The Department of State has cleared the government of Canada’s request to purchase air strike weapons and related equipment for
                  Ellen Barletto. CSA appoints Ellen Barletto as chief growth officer.Executive Moves
                  • December 5, 2025

                    CSA Names Ellen Barletto as Chief Growth Officer

                    Client Solution Architects has appointed Ellen Barletto as chief growth officer, expanding her leadership responsibilities after nearly two decades with
                    David J. Shaw of FTC's Bureau of Competition. Shaw explained the FTC's order for Boeing to divest Spirit assetsIndustry News
                    • December 4, 2025

                      FTC Requires Divestitures to Clear Boeing’s Spirit Acquisition

                      The Federal Trade Commission has proposed that Boeing divest Spirit AeroSystems assets to resolve antitrust concerns over the companies’ planned
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