:

Business/Financial

BlackSky Optimistic for U.S. Gov Opportunities Despite Budget Volatility

By Rachel Jewett

Thursday, August 7th, 2025

SHARE:

BlackSky Optimistic for U.S. Gov Opportunities Despite Budget Volatility

BlackSky has said its 12 small satellites have a revisit rate of 15 times per hour for some locations to provide high-resolution imagery (Black Sky Photo)

While BlackSky [BKSY] has lowered its full-year outlook for 2025, citing the “near term volatility” of the U.S. government budget process, CEO Brian O’Toole told investors on Thursday that BlackSky believes “the long-term opportunities with the U.S. government remain strong.” Last month, BlackSky filed an update to its full-year outlook, cutting its growth forecast in half. BlackSky lowered revenue guidance from between $125 million and $142 million to between $105 million and $130 million. At the midpoint, that would represent…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]