Press Releases

Montage Partners, a people-first private equity firm headquartered in Scottsdale, Arizona, is pleased to announce its investment in Military Fasteners, a B2B eCommerce distributor of mil-spec fasteners primarily to customers in the aerospace and defense industry. Alongside incoming CEO David Ficadenti, Montage Partners is providing capital to further accelerate the Company's expansion. Founded in 2016, Military Fasteners is a disrupter in the aerospace and defense fastener indus

Leonardo DRS, Inc. announced today that it has received an order for continued production of its next-generation thermal weapon sights for the U.S. Army. The production order for $117 million was made under the current Family of Weapon Sights – Individual (FWS-I) IDIQ contract. Leveraging DRS’s uncooled thermal imaging technology, FWS-I is a stand-alone, clip-on weapon sight that connects wirelessly to helmet-mounted vision systems including the enhanced night vision gog

Impulse Space announced its selection by SpaceWERX, sponsored by U.S. Space Force (USSF) Space Systems Command’s (SSC) Space Safari Office, for a Strategic Funding Increase (STRATFI) award with the value of $60M between government funds, matching Small Business Innovation Research (SBIR) funds, and private funds. The work will focus on the company’s high-performance kick stage, Helios, to address pressing challenges in geosynchronous equatorial orbit (GEO) for the Department of th

Mitsubishi Heavy Industries, Ltd. (MHI) and Japan Airlines Co., Ltd. (JAL) have agreed to commence joint exploration of potential collaboration in the aircraft aftermarket business. The two companies have signed a memorandum on the matter. The aircraft aftermarket business includes services such as repairs, maintenance, parts supply, and refurbishment, which are essential for the maintenance and enhancement of aircraft's flight safety and operational efficiency. With t

Joby Aviation, Inc. a next-generation aviation company, today announced that it  demonstrated autonomous logistics aircraft operations in an evolving mission environment, in partnership with the U.S. Air Force during the ‘Agile Flag 24-3’ exercise. During the exercise, Joby’s team, which includes the autonomy division of Xwing acquired by Joby in June of this year, operated a fully autonomous Cessna 208B Grand Caravan for more than 3,900 miles of flight between mil

Firefly Aerospace, an end-to-end space transportation company, today announced Firefly's Blue Ghost lunar lander has arrived at NASA's Jet Propulsion Laboratory for environmental testing before the lander ships to Cape Canaveral for a Q4 2024 launch. As part of NASA's Commercial Lunar Payload Services (CLPS) initiative, Firefly's Blue Ghost Mission 1 lander is integrated with 10 scientific instruments and technology demonstrations that will help pave the way for humanity's

V2X, Inc. announces that it has been awarded a single award indefinite-delivery/indefinite-quantity contract valued at $747 million. The F-5 aircraft play a crucial role in training naval pilots by providing adversary combat tactics and simulation capabilities. This advanced training environment ensures that pilots are well-prepared for real-world scenarios, enhancing their combat readiness and proficiency. The use of F-5s in an aggressor-training role contributes significantly to the overall

Teledyne Brown Engineering, a subsidiary of Teledyne Technologies Incorporated, proudly announces the award of a $114 million Task Order under the Design, Development, Demonstration, and Integration (D3I) Domain 1 contract by the U.S. Army Space and Missile Defense Command. Under this contract, Teledyne Brown Engineering will spearhead the design, build, and launch of realistic-threat ballistic target missiles, crucial for use in testing advanced missile defense systems. The Tactica

NASA will return Boeing's Starliner to Earth without astronauts Butch Wilmore and Suni Williams aboard the spacecraft, the agency announced Saturday. The uncrewed return allows NASA and Boeing to continue gathering testing data on Starliner during its upcoming flight home, while also not accepting more risk than necessary for its crew. Wilmore and Williams, who flew to the International Space Station in June aboard NASA's Boeing Crew Flight Test, have been busy supporting station rese

Leonardo DRS, Inc. announced today that it has been awarded a contract to build additional advanced Joint Assault Bridge systems for the U.S. Army and the Romanian military. Under the contract, the award is worth more than $49 million. The Joint Assault Bridge (JAB) is a next-generation track-wheeled armored engineer vehicle built on a modified M1A1 Abrams Main Battle Tank chassis. It is designed to deliver assault-bridging capabilities and provide freedom of maneuver to U.S and allied armore

Bluestone Investment Partners has announced that it has completed a strategic investment in Qualis Corporation, a missile defense and space systems technology business based in Huntsville, Alabama. Qualis supports the development of next-generation missile defense and satellite communications systems with advanced modeling, simulation, and testing services. The company's expertise in modeling and simulating RF waveforms is enabling the development of resilient communications and

Maritime Launch Services  is pleased to announce that the company has selected Voyager Space as the first Owner Authorized Representative for the next phase of development, Spaceport Nova Scotia’s launch support infrastructure. This strategic partnership between the two companies highlights the growing collaboration between Canada and the United States under the Technology Safeguard Agreement (TSA) recently announced on August 2nd, 2024. The TSA facilitates cros

Oshkosh Defense, LLC, an Oshkosh Corporation (NYSE: OSK) company, announced today that U.S. Army Contracting Command Detroit Arsenal  awarded a five-year, Fixed Price with Economic Price Adjustment Requirements contract for the Family of Heavy Tactical Vehicles V program. Based on evaluated quantities, the requirements contract is estimated at $1.54 billion and allows Oshkosh to continue delivering new and recapitalized Heavy Tactical Vehicles and associated trailers into 2031.

Mobix Labs Inc. a leader in advanced connectivity solutions, today announced the intent to acquire J-Mark Connectors Inc. This acquisition is expected to significantly enhance Mobix Labs’ sales strategy and boost gross margins, particularly in the high-demand military, aerospace, and defense sectors. The addition of J-Mark’s expertise strengthens Mobix Labs' position, elevating our market presence, enhancing customer access, and securing major accounts in the aerospace and def

Leonardo DRS, Inc. announced today that it has received an order for continued production of its advanced Sniper Weapon Sights for U.S. Army snipers. The recently awarded production order for $52 million was made under the current Family of Weapon Sights–Sniper IDIQ contract. Incorporating DRS’s proven cooled infrared imaging technology, FWS-S is a clip-on thermal weapon sight used in conjunction with existing daytime sniper optics to provide rapid target acquisition cap