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AeroVironment, Inc. reported its fiscal third quarter results for the period ending January 25, 2025, during a period marked by severe environmental challenges that disrupted operations in Southern California. The company noted that unprecedented high winds and wildfires significantly impacted its ability to meet short-term goals, even as it achieved a record funded backlog of … [Read more...] about AeroVironment Q3 Fiscal 2025 Report: Navigating Challenges and Paving a Strategic Future

Motorola Solutions, a global leader in mission-critical communications, has made a significant strategic move by acquiring RapidDeploy, a pioneering provider of cloud-native Next Generation 911 solutions based in Austin, Texas. This acquisition enhances Motorola’s commitment to equipping public safety agencies with advanced technological tools to improve emergency response … [Read more...] about Motorola Solutions Acquires RapidDeploy to Transform Emergency Response Technology

AeroVironment, recognized globally as a leader in intelligent, multi-domain autonomous solutions, has unveiled a groundbreaking advancement in modern warfare technology with the introduction of the JUMP® 20-X at the 2025 International Defence Exhibition & Conference. This next-generation, modular Group 3 uncrewed aircraft system is meticulously engineered to tackle the … [Read more...] about Revolutionizing Maritime Warfare: The JUMP® 20-X Uncrewed Aircraft System

BigBear.ai’s recent contract award by the Department of Defense’s Chief Digital and Artificial Intelligence Office signifies a groundbreaking advancement in harnessing artificial intelligence to safeguard national interests. The contract is aimed at evolving the Virtual Anticipation Network (VANE) prototype into a robust operational tool that leverages sophisticated, custom AI … [Read more...] about BigBear.ai’s VANE Contract: Empowering National Security with AI-Driven Insights

AeroVironment (AV), a global leader in intelligent, multi-domain robotic systems, has been awarded a $288 million delivery order for its Switchblade® loitering munition systems as part of the U.S. Army’s Directed Requirement (DR) for Lethal Unmanned Systems (LUS). This marks the third delivery order under a five-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract … [Read more...] about AeroVironment Secures $288 Million Delivery Order for Switchblade® Loitering Munition Systems Under U.S. Army Contract

Resecurity, a renowned global leader in cybersecurity solutions, introduced its advanced Government Security Operations Center (GSOC) at the NATO Edge 2024 conference, the flagship event hosted by the NATO Communications and Information Agency. Held from December 3 to 5, this year’s conference focused on emerging technologies in defense, forging new partnerships and encouraging … [Read more...] about Resecurity Unveils Advanced Government Security Operations Center (GSOC) at NATO Edge 2024

Lockheed Martin and Jotne are strengthening their longstanding collaboration to revolutionize how data is managed, interpreted, and utilized across the Aeronautics, Space, and Defense sectors. This expanded effort, reflected in a $1,900,000 contract and part of a multi-year program, integrates Jotne’s advanced software solutions directly into Lockheed Martin’s operational … [Read more...] about Lockheed Martin and Jotne Forge a New Chapter in Digital Engineering

L3Harris Technologies (NYSE: LHX) has been awarded an indefinite delivery, indefinite quantity (IDIQ) contract by the U.S. Navy, valued at up to $999 million, to deliver cutting-edge communications technology to U.S. and coalition forces. Over the next five years, the company will supply its Multifunctional Information Distribution System Joint Tactical Radio System Terminals … [Read more...] about L3Harris Secures $999 Million U.S. Navy Contract for Resilient Communications Technology

CHAOS Industries, a cutting-edge technology firm specializing in defense and critical industry innovations, has announced a major milestone in its growth journey with the successful closure of a $145 million Series B funding round. This round, led by the renowned venture capital firm Accel, saw significant participation from 8VC, Overmatch Ventures, Lerner Enterprises, and … [Read more...] about CHAOS Industries Secures $145M in Series B Funding to Propel Defense Technology Advancements

Vatn Systems, a defense technology innovator specializing in autonomous underwater vehicles (AUVs), announced the successful closing of a $13 million oversubscribed seed round, raising its total funding to $16.5 million. The round was led by DYNE Ventures, with significant contributions from Lockheed Martin Ventures, RTX Ventures, In-Q-Tel, Propeller Ventures, SAIC Ventures, … [Read more...] about Vatn Systems Secures $13M Oversubscribed Seed Round to Revolutionize Naval Warfare