Defense News

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Albany International has been named as an official partner for World Engineering Day for Sustainable Development (WED) 2026, the annual initiative highlighting the essential role that engineers and engineering plays around the world. As an expert in materials science, Albany International is driving a revolution in sustainable and innovative fabrics. “We are pleased to be an official partner for World Engineering Day 2026. Our focus on engineering and innovati...

SAN FRANCISCO--(BUSINESS WIRE)--Elroy Air, the leading U.S.-based developer of autonomous aerial systems for middle-mile logistics, has been selected for the U.S. Department of Transportation’s (USDOT) eVTOL Integration Pilot Program (eIPP). Established under President Trump's Unleashing American Drone Dominance Executive Order, the program is designed to accelerate safe eVTOL and advanced air mobility operations across the United States. Elroy Air was the only OEM with a purpose-built, heavy-p...

COLUMBIA, Md.--(BUSINESS WIRE)--Market demand for FinOps+ approach enables growth within Kion...

TORONTO & OTTAWA, Ontario--(BUSINESS WIRE)--Long-term care residents with dementia often face heightened vulnerability due to complex health histories, cognitive decline, and mobility challenges. Risks such as falls, agitation, and unsafe interactions remain persistent concerns in long-term care. Esprit-ai is proud to announce that Perley Health will move forward with the procurement of the Esprit-ai Sense™ AI-powered monitoring system after a successful evaluation at the Perley Health Centre o...

MIAMIVILLE, Ohio--(BUSINESS WIRE)--AIM MRO Holdings, LLC (“AIM MRO” or the “Company”), a leading provider of highly engineered consumable repair products and materials used primarily in the aerospace aftermarket, today announced that it has acquired Advanced Air West Palm Beach, Inc. (“AA Bushings”), a provider of replacement bushings, sleeves and fasteners for landing gear applications in the aerospace and defense aftermarket. “AA Bushings is a trailblazer in the landing gear consumables marke...

INDIANAPOLIS--(BUSINESS WIRE)--HKW, a middle-market private equity firm focused on growth companies, has acquired Watershield Industries. Watershield Industries is a manufacturer and distributor of fire and rescue equipment specializing in niche firefighting apparatus and mission-critical firefighting components including nozzles, valves, and related equipment. The Company serves municipal, wildland and industrial end markets across North America through its multi-brand portfolio, which include...

WASHINGTON--(BUSINESS WIRE)--Today, Siemens announced it has signed a Memorandum of Understanding (MOU) with the U.S. Department of Energy (DOE) to support the Genesis Mission, a federal initiative to modernize America’s scientific infrastructure and strengthen the translation of research into real-world deployment through advanced AI, computing, and interoperable digital systems. The Genesis Mission seeks to accelerate discovery, strengthen lab-to-industry translation, and reinforce technologi...

WASHINGTON--(BUSINESS WIRE)--Babel Street, a global leader in mission-grade risk intelligence, today announced its strategic roadmap for 2026, marking a decisive shift toward Agentic Risk Intelligence. Following a year of leadership expansion and rapid market evolution, the company is advancing the industry toward an intent-driven system where AI agents execute complex intelligence workflows while remaining grounded in verifiable evidence and human judgement. “The age of static risk intelligenc...

RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that it will participate in the Bank of America Global Industrials Conference 2026 in London, England. President and Chief Executive Officer John Mengucci and Chief Financial Officer and Treasurer Jeff MacLauchlan will engage in a fireside chat and question-and-answer session on Tuesday, March 17, at 9:00 a.m. Eastern time (1:00 p.m. Greenwich Mean time). A live audio webcast of the event will be available on the...

FRAMINGHAM, Mass. & FORT POLK, La.--(BUSINESS WIRE)--Ameresco, Inc., (NYSE: AMRC), a leading energy infrastructure solutions provider, and Velarium Energy, a trusted services and solutions partner to the Department of War (DOW), today announced the successful completion of an Energy Savings Performance Contract (ESPC) valued at over $30 million to modernize U.S. Army military family housing at Fort Polk, Louisiana. The upgrades are projected to reduce the Fort Polk family housing portfolio’s an...