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Amentum Completes Divestiture of Its Rapid Solutions Product Business for $360 Million
CHANTILLY, Va.--(BUSINESS WIRE)--Amentum (NYSE: AMTM) today announced it has completed the divestiture of Rapid Solutions to Lockheed Martin (NYSE: LMT) for $360 million in cash. The transaction advances Amentum’s strategy as a pure-play provider of technology-enabled solutions and enhances its balance sheet strength and financial flexibility. About Amentum Amentum is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to addr...
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AV’s Wildcat Reaches Key Milestones in DARPA’s ANCILLARY Program’s EVADE Demonstration
ARLINGTON, Va.--(BUSINESS WIRE)--AV’s Wildcat Reaches Key Milestones in DARPA’s ANCILLARY Program’s EVADE Demonstration...
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Wynnchurch Capital Exits Northstar Aerospace
ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, is pleased to announce the sale of Northstar Aerospace (“Northstar” or the “Company”) to GE Aerospace. Headquartered in Bedford Park, Illinois, Northstar is a manufacturer of flight-critical and non-flight-critical parts for military and commercial aircraft applications. The Company provides a broad base of complex and highly engineered products, including gears, housings, asse...
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The Chairman of the Joint Chiefs of Staff, General Dan Caine, to Speak at 16th Annual Billington CyberSecurity Summit on Sept 9-12 in DC
WASHINGTON--(BUSINESS WIRE)--Joint Chiefs of Staff Chairman Gen. Caine to speak at the Billington CyberSecurity Summit--Sept 9-12 in DC--about key cyber threats facing the nation....
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Candlewood Partners Advises Mynaric AG on its Restructuring
DELRAY BEACH, Fla.--(BUSINESS WIRE)--Candlewood Partners Advises Mynaric AG on its Restructuring...
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United States Defense Market Size and Share Analysis Report 2025 with Growth Trends and Forecasts to 2033 - Geopolitical Tensions Spur US Military Investments Amid Growing Threats - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "United States Defense Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to ResearchAndMarkets.com's offering. The United States Defense Market is expected to reach US$ 447.31 billion by 2033 from US$ 314 billion in 2024, with a CAGR of 4.01% from 2025 to 2033. The military's purchase and modernization efforts to combat new threats are anticipated to be the main drivers of the US defense market's growth. There is now...
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Conti Federal Completes F-35A Flight Simulator and Squadron Operations Facility
FORT WORTH, Texas--(BUSINESS WIRE)--Conti Federal Services, a leading global construction and engineering company specializing in military and secure construction, is proud to announce the completion of the F-35A Flight Simulator and Squadron Operations Facility at the Naval Air Station Joint Reserve Base (NASJRB) in Fort Worth, Texas. Awarded by the Naval Facilities Engineering Systems Command (NAVFAC) Southeast, this state-of-the-art facility marks a significant milestone for the United State...
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Skyways Secures $5 Million Debt Facility to Accelerate Production of Autonomous Cargo Drones for U.S. Department of Defense
AUSTIN, Texas--(BUSINESS WIRE)--“Skyways is setting the standard for next-generation aerial logistics,” said Co-Founding Partner Chris Lay of Leonid Capital Partners....
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Clearspeed Secures $60M in Series D Funding for Dual-Use Voice-Based Risk Assessment Technology
SAN DIEGO--(BUSINESS WIRE)--Clearspeed, the global leader in voice-based risk assessment technology, today announced it has secured $60 million in Series D funding, bringing the company's total funding to $110 million. The round was led by Align Private Capital, with participation from IronGate Capital Advisors, Bravo Victor Venture Capital, and KBW Ventures. General David H. Petraeus (US Army, Ret.) also joined as a multi-round investor. In addition to the raise, the company will add Anna Neko...
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Volt Lithium Announces Approval of Name Change to LibertyStream Infrastructure Partners Inc. and New Trading Symbol
CALGARY, Alberta--(BUSINESS WIRE)--Volt Lithium Corp. (TSXV: VLT) (the “Company”) is pleased to announce that, further to the announcement of June 18, 2025, the TSX Venture Exchange (the “TSXV”) has approved the Company’s name change from “Volt Lithium Corp.” to “LibertyStream Infrastructure Partners Inc.” The Company will also change its trading symbol from “VLT” to “LIB” on the TSXV. The effective date on which the Company will begin trading under the new name, symbol and CUSIP number is June...