Latest Stories
Booz Allen Buys Ultra I&C Mission Solutions for $720M
Well, gosh darn. Booz Allen ($BAH) is really doubling down on the whole defense tech thing. Yesterday, the government services giant announced that it’s acquiring Ultra I&C Mission Solutions—part of the Cobham Ultra Group—for a cool $720M. When the deal closes (expected in the second quarter of next year), Ultra Mission Solutions will become a […]
Anduril Tapped to Lead NGC2 Common Data Baseline
Hasn’t been a slow year (or week) for Anduril, to say the least, and it’s about to get a whole lot busier. Yesterday, the US Army announced that it’s selected everyone’s favorite neoprime to lead the common data baseline for its Next-Generation Command and Control (NGC2) effort, tasking the company with making sure all of […]
Traysar Emerges to Take Warfare Underground
Last year, Palmer Luckey said that he believes “the subterranean domain”—rather than sea, air, or space—“will be the defining [warfighting] space, but nobody agrees with me, and every time I talk about it I sound insane to people.” He also said that “a vehicle that moves through the crust of the earth is going to […]
Quantum Systems Makes Serious Land Domain Moves
If you were paying attention to the news coming out of Eurosatory last week, one thing was extremely clear: Everyone (and we mean everyone) is making moves to go cross-domain. And that’s especially true for German defense darling Quantum Systems. Last week, the company made two announcements that solidify its status as very much not […]
A Q + A with Matt Cronin, Senior National Security Advisor at a16z
If there is one VC fund you know in the defense tech world, it’s probably Andreesen Horowitz—or a16z, as the cool kids say. The firm—which just raised a casual $15B, including $1.176B for its “national interest” (defense and deep tech) focused American Dynamism fund—has backed some of the biggest names in the game, including Anduril, […]
Q + A: A.J. Bertone, Managing Partner, In-Q-Tel
If you’ve been paying attention to the past year of Tectonic (!!), you’ll recognize a sneaky three-letter acronym that pops up on a lot of defense tech cap tables: IQT. For those lucky enough not to be in the know, that stands for In-Q-Tel, a not-for-profit venture fund backed by the US government and investing […]
A Q+A with Former Secretary of Defense Mark Esper
Mark Esper has spent a whole heck of a lot of time in the defense ecosystem. After a decade in uniform in the US Army, he worked as a congressional staffer, a senior policy aide to Sens. Chuck Hagel and Bill Frist, and a Deputy Assistant Secretary of Defense in the early 2000s. Then, he […]
A Q+A with Alex Ferrara, Partner at Bessemer Venture Partners
If there is one fund that knows how to deploy big-time cash into tech companies, it’s Bessemer Venture Partners. The Silicon Valley fund has about $19B under management, and has invested in tech giants from LinkedIn (everyone’s fav) to Shopify. This year, the fund has turned to defense—specifically, European defense. They led Auterion’s $130M Series […]
