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Acquisition·None

Leonardo DRS Acquires Raft for $450M

4 sources · first reported 2d ago

via Govconwire

Leonardo DRS has signed a $450 million all-cash agreement to acquire mission software firm Raft, pending regulatory approval. Raft's technology utilizes AI and open-architecture software to support real-time decision-making. The acquisition aims to strengthen Leonardo DRS' software-driven mission capabilities.

Why it matters

The acquisition enhances Leonardo DRS' capabilities in software-driven mission systems, leveraging AI and open-architecture software for real-time decision-making. This move signifies the growing importance of advanced software technologies in defense operations.

AIAcquisitionDoD
Independent Media 4
Single-source: Independent Media

Development timeline

How this story unfolded across sources, oldest first.

  1. Moomoo ·
    Leonardo DRS to Buy Raft for $450M in Cash
  2. Tectonic Defense ·
    Leonardo Buys Raft in $450M Deal
  3. Virginia Business ·
    Leonardo DRS to acquire McLean’s Raft for $450M
  4. Govconwire · Primary
    Leonardo DRS Signs $450M Agreement to Acquire Mission Software Firm Raft