1 source · first reported 7h ago
Leonardo DRS has agreed to acquire Raft for $450 million, expanding its U.S. defense software and artificial intelligence capabilities. The deal enhances the company's data-fusion capabilities, particularly in multi-domain operations. This acquisition aims to strengthen Leonardo DRS's position in the U.S. defense market.
The acquisition of Raft by Leonardo DRS signifies a strategic move to bolster U.S. defense capabilities in AI, software, and data fusion, potentially enhancing the military's multi-domain operations. This development underscores the growing importance of advanced technologies in modern defense strategies.
How this story unfolded across sources, oldest first.