Missile-making startup Castelion closed a more than $1 billion funding round co-led by private-equity giant Carlyle Group, reflecting blue-chip firms' growing interest in a booming corner of the defense industry.
Drew FitzGerald is a Reporter at The Wall Street Journal. He covers a range of topics including aviation and aerospace, technology, finance, and security, with a particular focus on commercial and private airlines, space travel, and related industries. Drew's work has been featured in prominent publications such as MarketWatch, Yahoo Finance, and Editor & Publisher Magazine.