Divergent Raises $290M to Expand Military Parts Production

Divergent Raises $290M to Expand Military Parts Production

Divergent Raises $290M to Expand Production of Specialized Military Parts Divergent raises $290M to expand production of specialized military parts at a time when defense tech is seeing historic investment. The fresh funding round gives the advanced manufacturing company a valuation of $2.3 billion, highlighting its growing role in U.S. defense supply chains. Image : Google Backing From Top Defense Partners The company already counts Lockheed Martin, RTX, and General Dynamics among its customers. By producing missile airframes and hundreds of other specialized components, Divergent has become a key supplier to some of the largest defense contractors in the world. Where the $290M Will Go Of the $290 million raised, $40 million comes in the form of debt. Divergent plans to use the capital to expand its Los Angeles facilities and begin construction on a new factory in Oklahoma next year. Its proprietary 3D printing systems are capable of producing up to 600 parts, giving the company a flexible…