Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialTriumph Group Agrees To Be Taken Private In $3 Billion Deal
Aerospace and defense supplier Triumph Group Inc. [TGI] on Monday said it has agreed to be acquired by the private equity firms Warburg Pincus and Berkshire Partners in a $3 […]
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Military Space Update, February 5, 2025
// PDF View- L3Harris Receives Space Force Software Contract to Meet ATLAS IOC, Planned for September
- Array Labs Teams with Raytheon and Umbra Space on 3D Imaging
- SDA Outlines Tranche 3 Transport Layer In Draft Solicitation
- York Space Systems Strengthens Satellite Portfolio With Larger, M-CLASS Platform
- Five Teams to Focus on Space Domain Awareness for Space Rapid Capabilities Office
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InternationalJapan In Line For $900 Million Standard Missile-6 Deal
The State Department last Friday okayed a potential $900 million foreign military sale (FMS) to Japan of up to 150 Standard Missile 6 (SM-6) Block I missiles and related equipment […]
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Business/FinancialSmiths Group Plans To Shed Security & Detection Business
Britain’s Smiths Group last Friday said it plans to sell or spin-out its security and detection division as part of strategic actions to unlock value for shareholders. Smiths Detection, which […]
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Business/FinancialL3Harris Posts Strong Profit Gains On Modest Sales Increase
L3Harris Technologies [LHX] on Thursday reported a substantial increase in net income in the fourth quarter driven in large part by a charge a year ago in a business that […]
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Business/FinancialSerco Expanding U.S. Business With Acquisition Of Northrop Grumman’s Training And Software Unit
Britain’s Serco Group on Thursday said it agreed to acquire Northrop Grumman’s [NOC] Mission Training and Satellite Ground Network Communications Software Business (MT&S) for $327 million, expanding its U.S. presence, […]
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Business/FinancialNorthrop Grumman Swings To Profit In Fourth Quarter
Northrop Grumman [NOC] on Thursday said it swung to a profit in the fourth quarter on a pension-related benefit and because year ago results were hit by a charge on […]
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Advanced / Transformational TechnologyHypersonic Weapon Startup Castelion Raises $100 Million In Capital
Castelion, a two-year-old startup focused on rapidly developing and mass-producing hypersonic weapons, has raised $100 million in new capital to increase its workforce and production capabilities, and speed testing of […]
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WeaponsIsrael’s Success With F-35s Against Iran’s Air Defenses Makes Case For Fighter, Taiclet Says
Israel’s success last fall in knocking out Iranian air defenses, in large part with the Lockheed Martin [LMT]-built F-35 fighter, showcases why the fifth-generation aircraft is necessary amid concerns that […]
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Business/FinancialGD Ends 2024 With Strong Results Led By Aerospace Business; Sub Supply Chain Still Troubled
Powered by its Aerospace segment, General Dynamics [GD] on Wednesday reported strong fourth quarter results to end a similarly robust 2024. The only blemish in the quarter’s numbers was a […]
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