Castelion Secures $350M Series B Funding for Hypersonics

Castelion Secures $350M Series B Funding for Hypersonics

Defense technology leader Castelion officially announced it has secured a monumental $350 million in Castelion Series B funding. The massive capital infusion will fuel the development of its flagship hypersonic weapon, Blackbeard, and significantly ramp up domestic manufacturing capabilities. Led by key investors Altimeter Capital and Lightspeed Venture Partners, this investment round accelerates the company’s…

FTC Clears Boeing-Spirit Acquisition with Divestiture

FTC Clears Boeing-Spirit Acquisition with Divestiture

The Federal Trade Commission (FTC) has proposed that Boeing divest specific Spirit AeroSystems assets, resolving antitrust concerns surrounding the planned Boeing-Spirit acquisition. The agency’s order clears a path for the $8.3 billion deal announced in July 2024, enabling Boeing to move forward with the acquisition of Spirit, one of the world’s largest manufacturers of aerostructures,…

Countering China Espionage The Great Heist

Countering China Espionage: The Great Heist

Former Defense Intelligence Agency (DIA) leaders David Shedd and Andrew Badger expose the strategic threat posed by China espionage in their new book, The Great Heist: China’s Epic Campaign to Steal America’s Secrets. The authors reveal how Beijing orchestrated a massive, state-sponsored campaign to steal advanced intellectual property (IP), defense secrets, and proprietary technology from…

ASGN Rebrands to Everforth to Unify Portfolio

ASGN Rebrands to Everforth to Unify Portfolio

Technology services giant ASGN’s Everforth rebrand marks a decisive strategic move to unify its extensive corporate portfolio and strengthen its position in the competitive government technology sector. The company announced the new brand will become the official parent company in early 2026, encompassing its six current operating entities: Apex Systems, Creative Circle, CyberCoders, ECS, GlideFast,…