Defense Tech Sector Sees Major Moves: Joby Acquisition, DARPA Challenge, and Pentagon Scrutiny

This week in defense technology, Joby Aviation announced a $500 million acquisition of Resonant Sciences to expand its military business, while DARPA concluded its heavy lift challenge with a winner achieving a 3.84:1 payload-to-weight ratio. Meanwhile, a Pentagon advisory body appointment raised questions over potential conflicts of interest involving venture capital ties.