Edge Group has taken control of 65% of International Golden Group in a significant consolidation of the United Arab Emirates’ defense industry.

Mercury Systems (MRCY), a tech provider to the aerospace and defense industry, said it would consolidate its Mission Systems and Microelectronics divisions.

The Pentagon’s first-ever National Defense Industrial Strategy has a three-to-five year goal to create a more resilient supply chain.

Barnes Group said Jan. 11 that it will sell its Associated Spring and Hänggi businesses to One Equity Partners in a deal that will net $150 million.

Advanced manufacturing startup Atomic-6 announced on Jan. 11 that it had raised $9.2 million jointly awarded by the U.S. Air Force and Space Force.

Velo3D, a maker of additive manufacturing machinery for SpaceX and other aerospace and defense customers, has ousted its founding chief executive.

Italy, Japan and the UK's Global Combat Air Program developing a sixth-generation crewed combat aircraft will be headquartered in London, the nations say.

Defense Department efforts to electrify its systems and secure its supply base for batteries have taken a step forward.