Peraton s activity in the realm of mergers and acquisitions is far from the only events to run through here as four other deals hit my inbox while I was on a two-week brain break.
Anduril buys tube-launched drone-developer Area-I 1 hour ago
An Area-I Agile-Launched, Tube-Integrated, Unmanned System, or ALTIUS, is launched from a UH-60 Black Hawk at Yuma Proving Ground, Arizona, March 4, where the U.S. Army Combat Capabilities Development Command Aviation & Missile Center led a demonstration that highlighted the forward air launch of the ALTIUS. (Photo courtesy of Yuma Proving Ground) WASHINGTON Anduril Industries, a venture-backed defense technology company, has acquired Georgia-based, air-launched effects company Area-I, the company announced April 1. “The acquisition expands Anduril’s portfolio of unmanned aerial systems, creates new opportunities for its software-defined capabilities such as mission autonomy and intelligent teaming and significantly accelerates the company’s strategic growth,” the statement says.
Anduril hires Pentagon vet Zachary Mears as head of strategy
Zachary Mears (Source: Anduril Industries) WASHINGTON ― Anduril Industries has brought in Zachary Mears, a former senior Pentagon staffer, as head of strategy, the company is expected to announce Tuesday. Mears had been running Covington & Burling’s public policy practice but previously served as a chief of staff to then-Deputy Defense Secretary Bob Work and as the National Security Council’s director for strategic planning. Under Work, who prioritized outreach to small tech firms and Silicon Valley, Mears advised the Defense Innovation Unit – Experimental, or DIUx. Some five years later, Mears said he sees Anduril as one manifestation of those goals, the first in a class of start-ups building technology for the Defense Department. To boot, bipartisan agreement has sprung up around the strategic and operational challenges posed by China and the armed services have been opening up their requirements-generatio