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Australia-based Advanced Composite Structures — a manufacturer of advanced composite materials for defense and aerospace companies — will establish its U.S. headquarters in Arlington.

ACS will occupy roughly 40,000 square feet at a facility recently built near Arlington Municipal Airport....

Dallas-based UpSmith raised a $10 million Series A round to expand its engineering and sales teams and ramp up partnerships. The startup’s AI platform helps home-services contractors find and act on otherwise missed revenue opportunities....

Drone company XMX Defense, which recently emerged from stealth mode, broke ground Saturday at Mineral Wells Regional Airport on a facility buildout to house its operations. Mineral Wells is roughly 50 miles west of Fort Worth....