M&A Trends

Arlington Capital reveals its new defense tech company

The same investment firm that is selling BlueHalo to AeroVironment is now ready to showcase GRVTY, a specialist in geospatial and signals intelligence.

Bluestaq takes in new minority owner

One Bow River's new private equity fund is now a backer of Bluestaq and one of nearly a dozen that participates in an investment program focused on the military's key tech priorities.

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Shield AI closes $240M investment round

The 10-year-old defense tech unicorn's lineup of backers now includes L3Harris Technologies.

Epirus collects $250M in Series D capital to scale up production

The seven-year-old startup is pushing to further develop and make more of its Leonidas system, which works to fire lasers and other pulses at adversaries' drones.

Riverside Research acquires secure hardware provider

Riverside is seeking to accelerate its development of new mobile devices and bring virtualization techniques further out to the edge.

General Atomics acquires signal processing tech provider

North Point Defense started in 2012 to develop automation-centric technologies for defense and intelligence operators.

VTG acquires intelligence community IT services company

This is VTG’s third purchase with the backing of its majority owner, the private equity firm Alvarez & Marshal Capital.

Saronic wraps up $600M Series C round

The autonomous vessel startup envisions itself as a main actor in the push to reinvigorate U.S. shipbuilding and sees its future Port Alpha shipyard as part of that.

Dynamic Integrated Services seeks modernization growth via acquisition

Vital Edge Solutions' cofounder is joining the DIS team as the buyer looks to expand its IT practice.

Ridgeline, System High to join forces

The new, larger company will bring together data privacy, managed attribution and protection offerings under one roof.

EnCharge AI collects $100M in Series B capital

This chipmaking startup's network of backers includes In-Q-Tel and RTX Ventures, a fact worth highlighting given their connections to potential government end users.

K2 Space closes $110M Series B round

The three-year-old startup will work to scale up its manufacturing capacity and team ahead of a planned Space Force mission for 2026.

SMX acquires budget management tech provider

CBEYONData started in 2010 to help agencies implement new processes and tech tools for their business functions.

Onebrief captures $50M in Series C capital

Founded in 2019, Onebrief is pushing to further develop its software for military staff in their planning and other operational activities.

DMI sells part of its commercial portfolio

The OceanSound Partners-backed contractor makes this divestiture following a trio of acquisitions that concentrated on government work.

Cisco acquires Booz Allen cyber spinout

Booz Allen Hamilton retained a minority stake in SnapAttack, which was started to bring together threat intelligence and mitigation processes.

Peerless Technologies acquires spectrum tech specialist

Peerless is using this transaction to also further expand the research-and-development posture of its innovation center.