Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialKratos’ DeMarco Bullish On What Trump, With Help From Musk, Means For Startups And Non-Traditional Defense Companies
A second Trump administration committed to cutting federal spending could mean very good things for non-traditional defense companies and startups because of a focus on affordability, Eric DeMarco, the president […]
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UncategorizedKratos, L3Harris Successfully Fly Zeus Rocket Motors, Paving Way For Production
Kratos Defense & Security Solutions [KTOS] in late October successfully completed the first flight of a two-stage stack of solid rocket motors (SRMs), validating performance objectives to allow the Zeus […]
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Advanced / Transformational TechnologyNGA’s Munsell Aligning CAIO Efforts Against Agency’s AI Goals
Advocating for and ensuring his agency is investing in artificial intelligence capabilities is the “strong hand” that Mark Munsell will wield as the National Geospatial-Intelligence Agency’s (NGA) first AI chief […]
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Business/FinancialTeledyne To Acquire Two Acquire Two Aerospace And Defense Businesses From Excelitas
Teledyne Technologies [TDY] on Wednesday said it has agreed to acquire two business units from Excelitas Technologies Corp. for $710 million in cash, one based in the United Kingdom that […]
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Business/FinancialIngalls Chief Wilkinson To Lead Newport News, Blanchette To Run Ingalls
HII [HII] on Wednesday named Kari Wilkinson, currently president of the company’s Ingalls Shipbuilding segments, as the incoming president of its nuclear shipbuilding operations in Virginia effective Jan. 1, 2025. […]
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Business/FinancialPalantir’s Sales To DoD Up 21 Percent In Third Quarter
Palantir Technologies [PLTR] on Monday reported surging sales in its third quarter that included strong revenue from Defense Department contracts and the U.S. government overall. Sales to the DoD were […]
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Business/FinancialBoeing Workers End Strike; Cash Flow Will Remain Negative Through 2025
Boeing’s [BA] machinists’ union members on Monday voted to end their 53-day strike that shut down production at the company’s commercial aircraft plants in the Pacific Northwest but the company […]
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Business/FinancialBWX Technologies To Acquire Specialty Materials Business From L3Harris Technologies
BWX Technologies [BWXT] has agreed to acquire a specialty materials and manufacturing business from L3Harris Technologies’ [LHX] Aerojet Rocketdyne segment for $100 million. The Aerojet Ordnance Tennessee, Inc. (AOT) unit […]
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SpaceAustralia Cancels Satellite Effort With Lockheed Martin As Space Tech Advances
The Australian Ministry of Defence on Nov. 4 terminated its procurement activity with Lockheed Martin [LMT] for a single communications satellite in favor of pursuing multiple spacecraft that could provide […]
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Business/FinancialPrivate Equity Firm Acquires Defense Engineering Firm From Trident Maritime Systems
The private equity firm J.F. Lehman & Co. on Monday said its portfolio company Trident Maritime Systems has sold its Hoffman Engineering company to another investment firm, Branford Castle Partners. […]