Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialRTX Appoints Phil Jasper To Lead Raytheon Segment
RTX [RTX] on Thursday appointed Phil Jasper as president of its Raytheon operating segment, succeeding Wes Kremer who will retire at the end of March. Japer will report to Chris […]
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Business/FinancialDoC In Preliminary Deal With Semiconductor Firm To Boost U.S. Production Of Chips That Will Aid Aerospace And Defense
The Biden administration on Thursday said the Department of Commerce has agreed to preliminary terms with Microchip Technology Inc. [MCHP] to provide $162 million in federal incentives to boost the […]
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Business/FinancialArlington Capital Partners Forms New Aircraft Engine Components Supplier
The private equity firm Arlington Capital Partners on Thursday said it has formed Kinetic Engine Systems, a supplier of precision aerospace engine components for commercial and defense markets. Kinetic Engine […]
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Thursday, January 4, 2024
- NATO Awards RTX-MBDA Venture $5.6 Billion For 1,000 European Patriot Missiles
- RTX Says USAF Award for Company’s StormBreaker Munition Next Step in Weapon’s Production
- Bombardier Awarded Army Contract To Provide Aircraft For HADES ISR Jet Prototype
- Austal Wins $868 Million To Build Three More Expeditionary Medical Ships
- NGA Awards BAE $183 Million Analytic Modeling Contract
- Cadre Holdings To Acquire Ground Robotics Manufacturer ICOR Technology
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Business/FinancialCadre Holdings To Acquire Ground Robotics Manufacturer ICOR Technology
Cadre Holdings [CDRE] in late December said it has agreed to acquire ICOR Technology, a small Canadian developer and manufacturer of ground robotic platforms for public safety and military applications. […]
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Intelligence CommunityNGA Awards BAE $183 Million Analytic Modeling Contract
The National Geospatial Intelligence Agency (NGA) in late December awarded BAE Systems a $182.7 million contract to develop and sustain analytic modeling capabilities, and integrate or replace capabilities developed under […]
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Business/FinancialTerran Orbital Receives Rivada Payment, Ends Year with $70 Million In Cash
Satellite developer and manufacturer Terran Orbital [LLAP] said it received a long-awaited payment from Rivada Space Networks and expects additional milestone payments from the company this year. Terran also said […]
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Business/FinancialShield AI Adds $300 Million In Venture Funding To Deploy AI Pilot On More Aircraft
Shield AI last Friday said it has raised an additional $300 million in venture capital that will be used to accelerate the deployment of its artificial intelligence pilot software on […]
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InternationalGD Business In Canada Nabs $1 Billion In Defense Contracts
General Dynamics [GD] on Wednesday said its Mission Systems-Canada business received four contracts worth a combined $1.3 billion to support the Canadian army. The work supports the army’s Land C4ISR […]
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ArmyLeidos Delivers First Enduring Shield Launchers To Army
Shortly after completing a successful test firing of a new ground-based air defense system, Leidos [LDOS] on Wednesday delivered the first set of Enduring Shield launchers to the Army, which […]
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