Caracol, a deep-technology firm specializing in large-format robotic manufacturing, has closed a $40 million Series B financing round. The funding will support the company’s expansion of advanced manufacturing capabilities across international markets, and intensify work in regulated sectors including aerospace…
IFS has introduced a new generation of “digital workers” powered by agentic artificial intelligence within its IFS Loops platform. The company positions the technology as a ready-to-deploy solution for industrial and asset-intensive sectors, designed to automate complex operational workflows today…
AM General has announced a collaboration with Carnegie Robotics and Textron Systems to develop a modular unmanned ground vehicle (UGV) for the U.S. Army’s modernization efforts. The effort underpins a proposed solution for the Army’s Medium Modular Equipment Transport (M-MET)…
Boeing has been awarded approximately $2.7 billion in multi-year contracts to supply guidance seekers for the Patriot Advanced Capability-3 (PAC-3) interceptor missile program. This contract supports the continued production and delivery of critical seeker technology through 2030. Contract Details and…
Saab has received a new order from Sweden’s Defence Materiel Administration (FMV) to continue its studies on future fighter concepts, supporting national efforts to define next-generation air combat capabilities. The contract extends through 2025 and builds on prior work exploring…
Strider Technologies has released a new report quantifying the extent of collaborative research between U.S. academic institutions and entities affiliated with the People’s Liberation Army (PLA) in science, technology, engineering, and mathematics (STEM) fields. The findings highlight significant patterns of…
Innovative Solutions & Support has rebranded as Innovative Aerosystems, a move that reflects the company’s expanded commitment to delivering integrated avionics and aerospace systems across commercial, business, and defense markets. The new identity underscores the company’s evolution from a traditional…
Curtiss-Wright Corporation has been awarded a contract by Bell Textron to deliver a combined cockpit voice recorder (CVR) and flight data recorder (FDR) featuring encrypted data capabilities for the U.S. Army’s MV-75 tiltrotor under the Future Long Range Assault Aircraft…
General Micro Systems (GMS) has introduced a new entry in its mission computing portfolio, the X7 RAPTOR™, positioned as the world’s smallest open-standards rugged mission computer under USD 10,000. The announcement highlights GMS’s effort to address tightly constrained platforms such…
A new joint analysis by the International Air Transport Association and consulting firm Oliver Wyman indicates that ongoing supply chain disruptions in the aerospace and defense sectors may impose more than USD 11 billion in additional costs on global airlines…