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BURLINGTON, Vt.--(BUSINESS WIRE)--U.S. Transportation Secretary Sean P. Duffy on Friday became the first Transportation Secretary in American history to fly in an electric vertical take-off and landing aircraft (eVTOL). Secretary Duffy’s historic flight — which marks an important milestone in development of these next generation aircraft — took place at BETA Technologies, Inc. (NYSE: BETA) headquarters in Vermont. eVTOLs are aircraft that have the potential to generate new jobs, connect communi...

SOLANA BEACH, Calif.--(BUSINESS WIRE)--AEVEX Corp. (NYSE: AVEX), a portfolio company of Madison Dearborn Partners’ funds and a global leader in cutting-edge unmanned systems, today announced the commencement of a public offering of its Class A common stock by AEVEX and certain selling stockholders (the “Offering”). AEVEX is offering 5,726,157 shares of Class A common stock and the selling stockholders are offering 2,273,843 shares of Class A common stock pursuant to a registration statement on...

WASHINGTON--(BUSINESS WIRE)--Rivet Industries announced that retired Gen. James Mingus has joined its advisory board focused on product development. He is a career infantryman with more than 40 years of distinguished military service. Mingus joins Rivet at a critical point after the company became the first and only company to deliver 70 field-ready soldier-borne mission command systems to the Army. Those systems are now in the hands of soldiers, where they will be tested under real-world condi...

NEW YORK--(BUSINESS WIRE)--JLens, a Registered Investment Advisor that empowers investors to align their capital with Jewish values, along with ADL (the Anti-Defamation League), urge shareholders of Alphabet Inc. (NASDAQ: GOOG) (“Alphabet” or the “Company”) to vote AGAINST Proposal 11 at Alphabet’s annual meeting on June 5, 2026. Although Proposal 11 is framed as a broad data-privacy review, the only government contract it names is Alphabet's cloud agreement with the Israeli government, Project...

MALIBU, Calif.--(BUSINESS WIRE)--HRL Laboratories introduces a new inertial measurement unit (IMU) that provides near navigation-grade accuracy in a palm-sized package. Smaller and lighter than grade-equivalent conventional sensors, HRL’s AXI-R100 delivers range-extending accuracy for GPS-contested navigation. The product is now ready for pre-production orders. Using silicon micro-electro-mechanical systems (MEMS) technology, HRL’s gyros exceed current state-of-the-art tactical-grade levels of...

SAN JOSE, Calif.--(BUSINESS WIRE)--Altera Corporation, the world’s largest pure-play FPGA solutions provider, today announced collaborations with Mercury Systems and VadaTech to expand its Agilex® 9 FPGA ecosystem with new COTS-based solutions for next-generation defense platforms. By combining Agilex 9 medium-band Direct RF FPGAs with industry-standard, open-architecture systems, the companies are helping defense customers accelerate time to market, reduce SWaP, and enable more flexible, softw...

WASHINGTON--(BUSINESS WIRE)--The National Association for Veterans Rights (NAVR) today announced that Veritas Ratings, a Veteran-founded organization focused on supporting Veterans navigating disability ratings and benefits-related processes, has joined the NAVR Claims Consulting Alliance, a growing coalition of organizations committed to advancing Veteran education, responsible practices, and informed support across the Veteran advocacy landscape. Founded by Special Operations Veterans, Verita...

MOUNT LAUREL, N.J.--(BUSINESS WIRE)--NetQuest is expanding its NetworkLens™ datasets to include detailed telemetry on network management transactions, aiding AI-driven threat detection....

LANSING, Mich.--(BUSINESS WIRE)--As the defense industry grows, a new report finds that America’s competitiveness now hinges on workforce availability, risk reduction, and regional innovation corridors. A new white paper from the Washington Post Creative Group, in collaboration with the Michigan Economic Development Corporation (MEDC), utilizes a survey with senior leaders in U.S. defense and aerospace, manufacturing, engineering, and supply chain to assess what the U.S. needs to compete global...

HUNTSVILLE, Ala.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has expanded its Advanced Manufacturing Facility-South (AMF-South) in Huntsville with a $25 million investment that includes an additional 130,000 square feet of manufacturing space. The expansion increases the company’s footprint in Huntsville to ~670,000 square feet across three local sites. The AMF-South location is able to scale rapidly by utilizing space that already has the necessary infrastructure in place. “The additio...