L3Harris Files Confidential S‑1 for Missile Solutions IPO
L3Harris Technologies has confidentially filed a draft S‑1 with the SEC to launch an initial public offering of its Missile Solutions (MSL) unit. The filing follows a recent $1 billion investment from the Department of War to boost missile R&D and production. The IPO is under SEC review ahead of a planned roadshow.
J.A. Group Acquires LJ Industries, Rebranding as J.A. Solutions
J.A. Group announced the acquisition of Denmark-based LJ Industries, which will be rebranded as J.A. Solutions. The deal positions J.A. Group to expand its containerized mission payload offerings for defence and commercial markets, with former SH Defence CEO René Bertelsen...
MTU Aero Engines Acquires Drone‑engine Startup AeroDesignWorks
German aerospace firm MTU Aero Engines completed the acquisition of drone‑engine startup AeroDesignWorks in April 2026, expanding its capabilities in the UAV propulsion market. The deal, announced in MTU’s Q1 earnings release, positions the company as a European supplier for...
XTEND to Merge with JFB Construction in $1.5B All-Stock Deal
AI software provider XTEND announced an all‑stock merger with JFB Construction Holdings valued at $1.5 billion. Both boards have approved the transaction, which will create XTEND AI Robotics and is slated to close by mid‑2026 pending regulatory clearance. The combined company...
Terra Drone Invests in Ukrainian Startup WinnyLab to Develop Fixed‑wing Interceptor Drones
Japanese drone maker Terra Drone announced an investment in Ukrainian company WinnyLab to develop a new long‑range fixed‑wing interceptor drone, the Terra A2. The deal follows Terra Drone’s earlier partnership with Amazing Drones and aims to expand its defence portfolio...
Firestorm Labs Wraps up $82M Series B Round
Firestorm Labs, a maker of portable drone manufacturing systems, closed an $82 million Series B round led by Washington Harbour Partners. Investors also included Booz Allen Ventures, Lockheed Martin Ventures, In‑Q‑Tel, New Enterprise Associates, Ondas, Geodesic and Motley Fool Ventures. The funding...
Canadian Government Announces $8.2M Funding for Saskatchewan Defence Production
The Canadian federal government announced an $8.2 million investment under the Regional Defence Investment Initiative to boost domestic defence production in Saskatchewan. The funding will be allocated to Parkland Welding & Machine ($5 million repayable loan), Prairie Agricultural Machinery Institute ($3 million grant),...
Marki Microwave Acquires LintrinsIC Semiconductors to Advance High-Power RF Switching Capabilities
Marki Microwave announced it has acquired LintrinsIC Semiconductors, a Boston‑based fabless semiconductor firm specializing in high‑power, ultrafast RF switching using SOI CMOS technology. The deal expands Marki’s portfolio of RF and microwave components for test, measurement, defense, satellite communications and...
Rilian Raises $17.5M to Automate Security Software Procurement and Deployment in the Defense Sector
Rilian, a startup building AI‑driven security orchestration tools for defense and national security, announced a $17.5 million seed round. The round was led by 8VC, Tamarack Global and First In, with participation from 8090 Industries, Liquid 2 Venture and Protego Ventures. The funding...
Pentagon Completes $1B Strategic Investment in L3Harris Missile Unit
The U.S. Department of Defense has closed a $1 billion convertible preferred security investment in L3Harris Technologies’ Missile Solutions unit, providing capital to expand solid‑rocket‑motor production. The Pentagon will receive warrants and may convert its stake to common equity if L3Harris...
Lack Enterprises Acquires Equity Stake in IGCS International
Lack Enterprises, a family-owned advanced manufacturer, announced it has acquired an equity stake in IGCS International, a veteran-owned provider of mission support and MRO supplies to the U.S. Department of Defense. The strategic investment combines IGCS's government supply-chain expertise with...
Kraken Robotics Acquires UK Underwater Sensing Firm for $442M
In March 2026, Canadian marine‑sensing company Kraken Robotics announced the acquisition of a UK‑based underwater sensing firm for a reported C$615 million (≈$442 million). The deal expands Kraken’s global maritime capabilities and aligns with Canada’s new defence industrial strategy. The acquisition was...
Rhea Space Activity Secures $6M Series A to Commercialize GPS-Free Spacecraft Navigation
Washington-based startup Rhea Space Activity closed a $6 million Series A round, backed by Boston Global Space Tech Investors, Iron Prairie Ventures, Blackbird Capital Group, Purdue Research Foundation, New Mexico Vintage Fund and SpaceFund. The funding will be used to...
Eden Innovations Raises $4.05M in Institution-Led Placement to Fund EdenShield Defence Division
Eden Innovations (ASX: EDE) launched its EdenShield division targeting defence and critical‑infrastructure markets and announced a $4.05 million institution‑led placement of 22.5 million shares at $0.18 each, with cornerstone participation from L1 Capital Global Opportunities Master Fund. Proceeds will accelerate EdenShield’s expansion...
Deteqt Raises $5M Seed Round Led by Main Sequence
Australian defence startup Deteqt, a University of Sydney spin‑out developing diamond‑on‑silicon quantum chips, closed a $5 million seed round. The round was led by Main Sequence with participation from ATP Fund, BOKA Capital, Beaten Zone Venture Partners, Uniseed and Sydney Uni....
Czechoslovak Group Completes Record Defence IPO on Euronext
The Czechoslovak Group has listed on Euronext, marking the largest defence IPO ever recorded. The listing provides the company with capital‑raising opportunities and highlights Europe’s strategic autonomy in aerospace and defence financing.
UKEF Secures $160M Loan Guarantee for Indonesian Navy Submarine Rescue Systems
UK Export Finance (UKEF) announced a £128 million ($160 million) loan guarantee to back the export of British submarine rescue vehicle systems to the Indonesian Navy. The financing supports contracts for Submarine Manufacturing and Products Ltd (SMP) and Forum Energy Technologies Ltd...
Finnish Defence Tech Firm Sensofusion Acquires Atol Aviation to Expand Airborne Surveillance Capabilities
Finnish defence technology company Sensofusion has completed the acquisition of aircraft manufacturer Atol Aviation, adding in‑house aircraft production to its counter‑drone and signals intelligence portfolio. The purchase price was undisclosed, and Atol’s operations will continue at its Halli facility as...
Warburg Pincus Launches European Defence Investment Platform with MEAG as Early Backer
Warburg Pincus announced the creation of a dedicated European defence investment platform, with Munich Re’s asset manager MEAG joining as an early backer. The platform will deploy capital into defence and adjacent strategic industries across Europe.
Windward Acquires Prominent Edge to Boost AI‑powered Maritime Intelligence
Windward, an AI‑driven maritime‑intelligence firm, completed the acquisition of Prominent Edge, a provider of mission specialists for high‑security environments. The deal, backed by FTV Capital, expands Windward’s capabilities and strengthens its U.S. government footprint. Financial terms were not disclosed.
Hermeus Secures $350M Series C Funding Led by Khosla Ventures
Defense aviation startup Hermeus announced a $350 million Series C round, comprising $200 million in equity and $150 million in debt. The equity portion was led by Khosla Ventures with participation from Canaan Partners, Founders Fund, RTX Ventures, In‑Q‑Tel, Bling Capital, Cox Enterprises, Destiny...
FedDev Ontario Invests $7M in Kepler Communications to Boost Dual‑use Satellite Network
FedDev Ontario announced a $7 million federal investment in Toronto‑based Kepler Communications to commercialize its Tranche 1 optical data relay network. The funding, disclosed this week, will help Kepler support Canadian defence ISR requirements and accelerate its dual‑use space capabilities.
Overland AI Secures $100M Funding Round Led by 8VC
Overland AI announced a $100 million funding round led by venture firm 8VC, with continued participation from Point72 Ventures. The round was closed recently, as discussed on The Road to Autonomy podcast, and will support the company's autonomous vehicle development for...
KNDS France Completes Acquisition of Texelis Defense
KNDS France has completed its acquisition of Texelis Defense, rebranding the unit as KNDS Mobility. The deal expands KNDS's manufacturing capabilities in land mobility for military vehicles and strengthens its position in the European defence sector.
Kraken Robotics to Acquire Colvya Group for $615M
Canadian subsea battery maker Kraken Robotics announced the acquisition of Colvya Group, a provider of underwater navigation systems, for $615 million. The deal combines Kraken's battery technology with Colvya's navigation solutions, creating a larger player in the underwater defense market....
Terra Drone Makes Strategic Investment in Ukraine’s Amazing Drones, Launches Interceptor Drone Terra A1
Japan‑based Terra Drone Corporation announced a strategic investment in Ukraine‑based Amazing Drones LLC through its subsidiary Terra Inspectioneering, forming a capital and business alliance. The deal, disclosed on April 2 2026, also includes the launch of the new interceptor drone Terra A1. Financial...
Finland’s Metaktik Raises $1.1M Pre‑seed Round From Maki.vc
Finnish spin‑off Metaktik, founded out of Aalto University, secured €1 million (≈$1.1 million) in a pre‑seed round backed by early‑stage investor Maki.vc. The funding will help the company scale production and accelerate development of its metasurface antenna technology for drones, satellites and...
IBase‑t Secures Strategic Growth Investment From TA Associates
iBase‑t, a provider of Manufacturing Operations Management software for aerospace and defense, announced a strategic growth investment from private‑equity firm TA Associates. The undisclosed investment will fund product innovation and global expansion, accelerating AI‑enabled digital manufacturing solutions. Financial advisors included...
Red Cat Holdings Acquires Apium Swarm Robotics to Boost Autonomous Swarm Capabilities
Red Cat Holdings, Inc., a U.S. provider of advanced drone and robotic solutions, announced the closing of its acquisition of Apium Swarm Robotics, a California‑based developer of distributed control systems for autonomous swarming drones and USVs. The deal, now finalized,...
KNDS and Elbit Systems Form Joint Venture EuroPULS GmbH to Market Rocket Artillery System
German defense firms KNDS and Elbit Systems Land have announced the creation of a 50:50 joint venture, EuroPULS GmbH, to market the EuroPULS rocket artillery system to European armed forces. The JV will combine KNDS's fire‑control technology with Elbit's PULS...
Machina Labs Secures $124M Series C Funding From Lockheed Martin Ventures and Toyota
Machina Labs, an AI-driven intelligent factories firm, announced a $124 million Series C round backed by investors including Lockheed Martin Ventures and Toyota. The capital will fund a new 200,000‑sq‑ft facility and accelerate the company’s manufacturing technology for commercial and...
Overmatch Ventures Raises $250 Million for Second Fund
Overmatch Ventures announced the close of its second fund, securing $250 million from U.S. investors. The fund will target deep‑tech, defense, and space startups, which the firm calls America’s sovereign stack. The raise follows a recent $100 million follow‑on investment into two...
Heckler & Koch UK Acquires Globe Engineering to Boost Domestic Weapon Component Manufacturing
Heckler & Koch UK announced the acquisition of Globe Engineering, a precision CNC machining firm based in Braintree, Essex. The deal, completed on 23 March 2026, gives the German weapons manufacturer in‑country production capability for weapon‑system components, expanding its role...
Leonardo Closes $1.8bn Acquisition of Iveco’s Defence Business
Leonardo completed its €1.6bn ($1.8bn) acquisition of Iveco Group’s Defence Business, now owning 100% of IDV Group. The deal, signed in July 2025, adds light and medium armoured vehicle capabilities to Leonardo’s portfolio, expanding its land defence offerings.
ConnectM Acquires Defense Data Specialist Harry Kahn Associates, Targeting $50B+ Global Defense Sustainment Market and Expanding AI Infrastructure Platform
ConnectM Technology Solutions announced the acquisition of Harry Kahn Associates, Inc., an 80‑year‑old defense contractor, completing the deal via issuance of 400,000 ConnectM shares. The acquisition expands ConnectM’s AI‑driven Keen Labs platform into defense logistics data, positioning it for the...
AeroVironment to Acquire ESAero for $200M
Defense firm AeroVironment announced it will acquire Empirical Systems Aerospace (ESAero), a California‑based UAS engineering company, in a roughly $200 million deal. ESAero will operate as a subsidiary within AeroVironment’s Precision Strike and Defense Systems group, enhancing its manufacturing capabilities. This...
America Makes and NCDMM Launch $1.3M CATACS Initiative to Standardize Metal AM Corrosion Testing
America Makes and the National Center for Defense Manufacturing and Machining announced a $1.3 million funding initiative, Corrosion of Additive – Tested At Component Scale (CATACS), to develop standardized corrosion testing methods for metal additive manufacturing parts used in defense. The...
Canada's Department of National Defence Invests $24.9M in Three Domestic Aerospace Startups
The Department of National Defence announced a $24.9 million investment in three Canadian aerospace firms—NordSpace, Canada Rocket Company and Reaction Dynamics—under the IDEaS “Launch the North” program to develop sovereign launch capabilities. The funding, part of a broader $305 million government commitment,...
Hanwha Systems Acquires 0.58% Stake in Korea Aerospace Industries for $41.5M
Hanwha Systems has purchased a 0.58% stake in Korea Aerospace Industries (KAI), acquiring 566,635 shares for 59.9 billion KRW ($41.5 million). The deal, disclosed on March 13 and confirmed on March 15, 2026, marks Hanwha’s first equity investment in KAI since 2018 and signals a...
CisLunar Industries Closes Seed Round
CisLunar Industries, a lunar infrastructure startup, announced the closing of its seed round at the Tectonic Defense Summit. The round’s value was not disclosed, but the funding enables the company to move from prototype production to low‑quantity manufacturing of final‑flight...
R2 Wireless Secures Over $5M Funding, Total Capital Exceeds $13M
Austin-based R2 Wireless announced it has raised more than $5 million in new funding, bringing its total capital raised to over $13 million. The financing will support U.S. expansion, engineering hires, and new defense and commercial partnerships following deployments in...
Leonardo Acquires UK Cybersecurity Firm Becrypt
Leonardo announced the acquisition of UK-based endpoint and cloud security company Becrypt, expanding its cybersecurity capabilities for the UK government and Five Eyes allies. The deal strengthens Leonardo's position in the UK and Five Eyes cyber defence domain, adding Becrypt's...
Black Forest Systems Raises $400,000 From Front Ventures and Hede Capital Partners
Kyiv‑based defence‑tech startup Black Forest Systems announced it has secured $400,000 in funding from Front Ventures and Hede Capital Partners AB. The capital will be used to industrialise its SHADOX infantry drone platform and scale production for military deployment. The...
DSTL Invests £350k in Cross Manufacturing to Develop UK’s First Pilot‑scale Ceramic Matrix Composites Facility
The UK Defence Science and Technology Laboratory (DSTL) announced a £350,000 investment in Cross Manufacturing Ltd to establish a pilot‑scale production line for ceramic matrix composites (CMCs). The funding aims to boost UK sovereign capability in high‑temperature materials for hypersonic...
BDC Receives $1.2B CAD Federal Funding to Expand Defence Platform and Launches $300M StrongNorth Fund
The Business Development Bank of Canada announced a $1.2 billion CAD injection from the Canadian federal government to expand its Defence Platform, bringing total allocated funding to $2.2 billion. The platform also includes a new $300 million StrongNorth Fund, led by Peter Suma,...
Anduril Industries to Acquire Space-Tracking Firm ExoAnalytic Solutions
Anduril Industries announced it will acquire ExoAnalytic Solutions, a provider of a large commercial network of telescopes for satellite and space debris tracking. The terms were undisclosed, but the deal will expand Anduril's space business and integrate ExoAnalytic's data into...
X‑Bow Systems Announces Acquisition of Evolution Space to Boost Hypersonic Munitions Production
X‑Bow Systems has entered into an agreement to acquire Evolution Space, a provider of solid rocket motors and hypersonic propulsion technology. The acquisition, announced on 10 March 2026, aims to expand X‑Bow’s production capacity and address Department of Defense munitions...
Aureus Greenway Holdings to Merge with Powerus via Reverse Merger Backed by Trump Family Investors
Aureus Greenway Holdings (NASDAQ: AUGS) announced a reverse merger with Powerus, a drone manufacturer backed by American Ventures, the investment vehicle of Eric Trump and Donald Trump Jr. The transaction will make Powerus publicly traded and includes investors such as...
Powerus to Go Public via Combination with Aureus Greenway Holdings, Backed by Trump Jr. And Eric Trump
Powerus, a West Palm Beach‑based drone maker, announced plans to go public by combining with Nasdaq‑listed golf‑course operator Aureus Greenway Holdings Inc. The transaction is backed by Donald Trump Jr. and Eric Trump, expanding the Trump family’s defense investments.
Hanwha Aerospace to Invest Nearly €100 Million in Estonia's Defence Industry
South Korean defence giant Hanwha Aerospace announced a direct investment of nearly €100 million in Estonia to boost its defence industry, including a €25 million ammunition plant and a €23 million technology centre. The broader programme could total up to €260 million and involves...