Boeing on Wednesday said its HorizonX venture arm has invested in Isotropic Systems, a startup that is developing satellite user terminals for low-cost broadband connectivity. London-based Isotropic said HorizonX led a $14 million Series A funding round that includes WML, Space Angels and Space Capital. Isotropic is developing satellite terminals that it says cost 70 to 95 percent less than conventional…

Harris and L3 Technologies on Sunday morning revealed a blockbuster deal that would create the sixth largest U.S. defense contractor with about $16 billion in sales and a market capitalization of $33.5 billion, with Harris shareholders owning 54 percent of the business and L3’s the rest. The company’s said that the merger will provide L3…

U.S. Rep. John Ratcliffe, R-Texas, introduced legislation that codifies an existing federal cyber security program and ensures that it is continues to evolve to changing threats. The bill is focused on the Continuous Diagnostics and Mitigation (CDM) program, under which the Department of Homeland Security and federal civilian agencies can purchase an array of software tools to…

Despite a brighter outlook for defense spending in the U.S. and in Europe, western companies in the Aerospace and Defense (A&D) industry need to be more aggressive in developing new technologies in the face of emerging competition from commercial entrants and from rival countries racing to make advances in Artificial Intelligence (AI) and advanced weapon…