Autonomous military aircraft maker Shield AI has raised $1.5 billion in Series G funding at a $12.7 billion post-money valuation, the company announced on Tuesday. The deal was led by PE firm Advent ...

The United States and its allies have historically prioritized accurate but expensive defense solutions. Drones challenge ...

Autonomous ship maker Saronic raised $1.75 billion and more than doubled its valuation to $9.25 billion. The company is working closely with the Navy and aims to build more than 20 ships a year by ...

US Navy's guided-missile destroyers, the USS Frank E Peterson and USS Michael Murphy, have initiated maneuvers along this ...

This page is no longer being updated. You can continue to follow our coverage at our new live page here The Iranian ...

Pentagon spending on defense tech from startups has more than doubled, from about $1.8 billion in Fiscal Year 2023 to $4.3 billion for Fiscal Year 2025, but still makes up less than 1% of total ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The company relocated to West ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The Austin firm is led by Icon ...

Shield AI has raised $2 billion at a valuation of $12.7 billion, more than doubling its value from a year ago, underscoring investor demand for defense technology and artificial intelligence. Advent ...

These companies are perfectly positioned to win new contracts within the defense department.

Anduril wants to dominate defense tech. Matthew Steckman, its president and chief business officer, said it needs to "create a monopoly."Omar Havana/Getty Images Defense tech is winner-takes-all, ...

Lockheed LMT-1.63%decrease; red down pointing triangle Martin and Honeywell Aerospace have signed new framework agreements with the Department of War, referring to the unofficial name that the ...