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Follow for Insights in Aerospace & Defense Technologies 🔹 Aerospace, Defense, and VC Advisor 🔹 Futurist 🔹 Integrity Matters

What do the following have in common? 🏛️ US Congress 👨🔬 Merlin Labs 🛩️ Safran ⛓️💥 Israeli Hostages 🚀 Boeing’s disastrous engineering ⚽️ and Soccer They’re all top news this week! Clearly, I’m behind schedule today and there’s a lot to dissect in the news. First, the House Appropriations Committee did its committee markup on the Defense Appropriations bill this week. Watch for a lot of interesting insights to come in the near future on that. Second, we’re continuing to see VC firms raising funds to focus on hard tech and defense tech. Hopefully, this will quickly translate into opening the spigot for startups, but that still remains muted—although there were some defense or defense-adjacent investments announced this week. More movement in the M&A sphere with Merlin Labs acquiring EpiSci and Italy finally approving French firm Safran’s acquisition of Eurofighter component maker Microtecnica. Geopolitically, Israel rescued four hostages captures on 7 Oct, at the cost of several hundred Palestinian lives. The US has proposed a ceasefire plan, now endorsed by the UN Security Council, although Hamas has asked for some amendments. Russia is floating part of its navy in the western hemisphere near Cuba and China may be attempting to probe Taiwanese naval defenses. In space, Boeing’s Starliner craft is stranded with its return date pushed to 22 June, amid multiple leaks from the spacecraft, just the latest in what feels like dozens of major engineering mishaps from one of the largest aerospace and defense companies. How have shareholders NOT demanded the heads of the entire board, yet. Finally, the UEFA European Championship 2024 kicks off today at 3:00pm Eastern at Munich’s Allianz Arena, where Germany is heavily favored to beat Scotland. Dive in to these and other issues surrounding aerospace and defense technology. #defense #defensetechnology #venturecapital #technology #news https://lnkd.in/erMZDUMQ

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