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defense
Washington, D.C.-based defense startup Covenant has been testing its Anthem missile for the past 12 months. [Photo: Covenant]
Defense Startup Covenant Exits Stealth With Grand Prairie Missile Factory and $250M Raise
by Lauren Lawley Head | Sep 9, 2026
The Washington, D.C.-based company is ramping production of its Anthem long-range cruise missile in North Texas. Investors include Andreessen Horowitz, Founders Fund, Lux Capital, 8VC, Aleph and Lightspeed Venture Partners.
by Lance Murray |
Sep 3, 2025
"This acquisition fits our portfolio and the mission of Dallas Opportunity Partners to align family office investors in the state of Texas with strategic investments that capitalize on the strategic initiatives of the United States," said Derek Wilson, managing partner of Dallas Opportunity Partners.
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by Lance Murray |
May 22, 2025
Michael Turner joins the aerospace-focused firm after the company successfully emerged from Chapter 11 bankruptcy protection in January. The restructuring significantly reduced the company’s debt, brought in new institutional ownership, and led to a restructured board of directors—now chaired by former Home Depot and Chrysler CEO Robert Nardelli.
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by Lance Murray |
May 20, 2025
Dallas-area investor Joe Valdman, managing partner at Slate Hill Partners, is the CEO of Perimeter Acquisition Corp., which aims to bridge high-growth innovators with public capital across the defense sector—from military tech to space and aerospace innovation and more.
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[Illustration: Sequential/istockphoto]
Pentagon’s New Cyber Rules for Defense Suppliers Take Center Stage at SMU Conference
by Quincy Preston | Feb 16, 2025
More than 300,000 defense suppliers—from major contractors to small businesses—must meet new CMMC security standards or risk losing contracts; SMU's conference tackles compliance requirements and implementation strategies Feb. 19-20.
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by Lance Murray |
Jan 21, 2025
Novaria is a leading manufacturer of specialty components and hardware for the aerospace and defense industries. Bandy is a leader in the production of "tight tolerance" hinges and pins for both sectors.
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by Lance Murray |
Dec 6, 2024
Ranaan Horowitz has more than 30 years of leadership experience across the defense, commercial aviation, and healthcare sectors. Catalyze said he has a proven track record of driving growth and overseeing strategic acquisitions.
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by Lance Murray |
May 9, 2024
Axis' new experience center at 17 Cowboys Way in Frisco showcases the company's growing portfolio of network cameras, access control, and network audio devices for security and surveillance industries.
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L to R: Bob Sulentic, Chair & CEO of CBRE, and Steve Kelley, CEO of J&J Worldwide Services [Photos: CBRE/J&J Worldwide]
Dallas-Based CBRE To Pay Over $1B for Military Hospitals and Bases Services Firm
by Lance Murray | Feb 5, 2024
CBRE Chair and CEO Bob Sulentic says the acquisition aligns with its M&A strategy to boost technical services, increase "revenue resilience" and long-term growth, and expand the company's government client work.
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by Lance Murray |
Oct 18, 2023
Lone Star—a fast-growing provider of leading-edge predictive and prescriptive analytics and Evolved AI for aerospace, defense, and more—said the new office provides better access to more markets and enhanced service to an expanding overseas customer base.
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by Quincy Preston |
Sep 27, 2023
The rebrand "marks the start of our next chapter of growth," says Venture Dallas Chair Aaron Pierce. The nonprofit's 2023 summit, backed by JPMorgan Chase and Perot Jain, is set for October 25.
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by Lance Murray |
Aug 3, 2023
David Weston has been named vice president of investor relations at Dallas-based ATI Inc., effective July 1.
ATI is a global producer of high-performance materials and solutions for the aerospace and defense industries.
The company said that Weston will work closely with its business leaders and the investor community to support its business and financial strategies and will report to Don Newman, executive vice president and chief financial officer....
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Illustration: Antoniokhr via iStock
Follow the Money: MLTPLY Makes Second Investment Since Launching Last Year, RumbleOn Finalizes $130M Acquisition of Fort Worth Powersport Dealer, and More
by Kevin Cummings | Feb 23, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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by Sandra Engelland |
Jul 15, 2021
Parasanti Co-founders James Hancock and veteran Joshua Seagroves both had roots in ranching and farming, making the defense and ag solutions innovator a natural fit. Now the company is ready to continue growing, adding employees and customers, gaining traction in defense innovation, and launching new projects with the Air Force and oil and gas companies.
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by Quincy Preston |
Sep 24, 2020
L3Harris Technologies, a global aerospace and defense technology innovator based in Arlington, will lead a team to transform the U.S. Air Force’s flight simulator training that's used to develop highly skilled air crews.
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by Alex Edwards |
Jul 20, 2020
The funding will go to Equalizer Games' Quarterback Equalizer, a virtual training game app that uses gamification to help quarterbacks better understand their position.
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