A data breach at Capital One Financial compromised the personal information of more than 100M U.S. and Canadian customers and credit card applicants, the Wall Street Journal reported Wednesday.

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Alongside Capital One, the Women Presidents’ Organization (WPO) announced the 50 fastest growing companies owned and led by women across a wide variety of industries in the Charlotte, N.C. area during the 12th annual awards ceremony on May 2nd. More

Booz Allen Hamilton has marked the first founding anniversary of its corporate venture capital arm focused on developing and deploying emerging technologies for defense and national security applications. Since its launch in 2022, Booz Allen Ventures has expanded its portfolio to six start-ups spanning artificial intelligence, machine learning, edge computing deep technology and cybersecurity sectors, […] More

Airspace Link, a Detroit-based drone integration service provider, has secured $10 million in a recently concluded round of Series A financing led by early-stage investor Altos Ventures. Thales, a global company offering air traffic management systems, also participated in the funding round, Airspace Link said Thursday. Dillon Krasnigor, investment team member at Altos Ventures, said […] More

Leidos has been included in Forbes and nonprofit company JUST Capital‘s list of top 100 publicly traded U.S. companies recognized for their corporate citizenship efforts. Reston, Virginia-based Leidos said Tuesday it landed the 62nd spot on the Just 100 List that ranked corporations based on criteria such as worker pay and treatment, customer respect, product quality, environmental impact, ethical […] More

Our sister site GovCon Wire broke the story Wednesday morning that Chuck Prow, who more recently led IBM’s global government business, has retired from the company to take a new role as a principal at investment firm Sterling Capital Group Partners and hold the president title at its portfolio company CPS-Professional Services. Sterling is veteran-owned […] More

The gap between the market values of commercial aerospace and defense and government services companies narrowed during 2015’s second quarter, according to a Bluestone Capital Partners report. The investment banking firm said it found the number of government services transactions rose 28 percent year-to-date and an improvement in public company valuations helped drive initial public […] More

A new report by Bluestone Capital Partners indicates an improving market performance for the defense industry in 2015 after almost five years of being outperformed by the aerospace industry. The company said that businesses in the aerospace and defense sector with significant defense exposure have achieved a median trading multiple of at least 10-times earnings before interest, taxes, depreciation and amortization this year […] More

John Allen serves as CEO and co-founder of Bluestone Capital Partners, where he directs customer relationships, daily operations and strategic planning. Allen was co-owner of Windsor Group until its acquisition by BB&T Corp. in 2005 before he co-founded Bluestone. He also founded Windsor Capital Partners Fund I after he served as president of Quarterdeck Investment […] More

Investment banking firm Nexa Capital Partners has started a fund that intends to raise $2.2 billion from the aerospace industry to support development of new drone applications, the Washington Business Journal reported Monday. Jill Aitoro writes that the “UAS America Fund” aims to secure financial backing from defense companies to help boost technologies for integration into their unmanned systems […] More

OROS Labs, the creator of Solarcore insulation, has announced raising $22 million at the close of its Series B funding round, which was led by Airbus Ventures. The thermal product developer said Wednesday that the fresh funds will support its expansion in consumer, commercial and government industries.

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Ian Holroyd has been named chief financial officer of Leonid Capital Partners. As CFO, Holroyd will leverage nearly three decades of career experience to support the investment firm, which focuses on companies within the national security marketplace, Leonid announced from its Huntington Beach, California headquarters on Tuesday.

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