Newly independent Honeywell Aerospace seeks organic growth, but won’t rule out M&A
The firm's CEO said he views capital allocation in four tiers of descending priority: organic growth, inorganic growth, dividends and stock buybacks.
Ondas makes $876M acquisition of DYZNE, latest in acquisition spree
After buying eight companies in the last two years, Ondas execs say they will focus on integrating their portfolio of drones “from surface to stratosphere” by developing a new AI command system in partnership with Palantir.
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Europe’s military advantage depends on sovereign command of the ground truth
As NATO and European governments accelerate investment in space-based intelligence, decision advantage will depend on how quickly sovereign and commercial capabilities can be fused into a trusted operational picture.
Lockheed Martin to purchase Ultra Maritime in $3.5B deal
Lockheed Martin said that Ultra Maritime will fall under the company’s rotary and mission systems division upon closing.
SAIC will acquire software shop SilverEdge for $205 million
Currently part of private equity firm Godspeed Capital, SilverEdge recently announced a generative AI platform designed to handle TS/SCI national security data, which it says is already operational at multiple, unnamed agencies.
AI flight software maker Merlin set to go public
The transaction is set to complete in early 2026.
Leonardo purchases Italian ground vehicle maker Iveco Defense for almost $2B
The deal, which is expected to close by first quarter 2026, consolidates some of Italy’s defense sector, at a time when European defense spending is on the rise.
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America needs next-gen solutions to counter modern air and missile threats
Defending a country the size of the US from threats requires advanced sensing, communications and interception capabilities.
It’s a time to buy: M&A for the national interest
This op-ed argues that now is the time for venture capitalists in the defense industry to build, buy and create.
Honeywell to divide business into three parts, separating aerospace unit
“Unprecedented demand” in both commercial and defense aerospace sectors led to the company’s decision to break off that division as a standalone, public company, Honeywell CEO Vimal Kapur said in a statement.
Applied Intuition takes flight, sets sail in acquiring EpiSci
“We’re not letting anybody go, we’re not doing any redundancies,” Applied Intuition co-founder Qasar Younis told Breaking Defense. Instead his firm, long focused on unmanned ground vehicles, is eager to add EpiSci’s expertise in aerial drones and unmanned watercraft.
Anduril acquires Numerica’s radar and C2 business
The deal is the latest in a series of acquisitions by the California-based defense tech firm, which has purchased startups specializing in aerial drones, solid rocket motors and autonomous submarines in recent years.
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How defensive cyber responds to hockey-stick growth of AI-driven threats
Artificial intelligence is reshaping adversarial cyber operations at machine speed, requiring defenders to increase operational tempo while imposing pain and cost.
AeroVironment purchases BlueHalo to ‘redefine the next era’ of defense technology
"The structure of the global defense sector is changing, and this transaction underscores that transformation," said analyst Byron Callan of the merger.
Lockheed completes acquisition of smallsat maker Terran Orbital
The smallsat maker — now known as Terran Orbital, a Lockheed Martin Company — will report to Lockheed’s space unit and serve as a merchant supplier to other major space primes, Lockheed said.
Rolls-Royce selling naval propulsion business to Fairbanks Morse Defense
“When you look at the 150-year history of Fairbanks Morse Defense, you will find a handful of distinctive moments that completely transformed this company. We believe [this] will become one of those moments,” George Whittier, CEO of Fairbanks Morse Defense, said in a statement.
Lockheed to acquire smallsat maker Terran Orbital in $450M deal
The deal marks the first time Lockheed has sought to acquire a company from its Lockheed Martin ventures portfolio.