Wire · opportunities
LEONARDO IS EXPANDING IN THE US WITH THE ACQUISITION OF RAFT
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Fusion42 · 28 July 2026 · Fusion42 review
Leonardo DRS has agreed to acquire Raft, a mission software company founded in 2018 specialising in multi-domain data fusion and AI for real-time situational awareness, for $450 million in an all-cash deal expected to close in Q4 2026.
This Wire brief sits within Fusion42's coverage of Defense Tech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.
◆ ◆ The Wire takeaway
Leonardo just paid $450m for open-architecture mission software because the Pentagon now demands AI-driven situational awareness faster than legacy platforms can deliver. If you're selling data fusion, real-time analytics, or decision-support tools to US defence customers, a prime contractor with integration muscle and a budget just moved into your market.
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