Business/Financial
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Business/FinancialCalio Commits RTX To Boosting Capex, Paying Dividends
Following investments in 2025 to boost capacity and increase production of defense products, RTX [RTX] in 2026 the company will further increase capital expenditures to meet demands the Trump administration […]
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Business/FinancialBoeing Reports Another KC-46 Tanker Charge; Sees Improvements In Defense Business
Boeing [BA] on Tuesday said it swung to a profit in its fourth quarter despite another charge on its Air Force aerial refueling program, which the company said continues to […]
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Business/FinancialNorthrop Grumman Expects Agreement Soon To Accelerate B-21 Production; Pausing Buybacks
Northrop Grumman [NOC] remains in negotiations with the Defense Department on accelerating production of the Air Force’s B-21 stealth bomber and an agreement to do so is expected this quarter, […]
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Business/FinancialU.S. Taking Equity Stake In Mining Company USA Rare Earth
USA Rare Earth [USAR] on Monday said it has entered a non-binding letter of intent with the Commerce Department for an equity stake in the vertically integrated mining company in […]
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Business/FinancialGrid Aero Raises $20 Million As It Preps To Begin Flying Long-Range Cargo UAS
Grid Aero on Monday said it has raised $20 million in a funding round to move the Lifter Lite long-range, autonomous unmanned aircraft system (UAS) into flight testing and use […]
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Business/FinancialAnduril Expanding In Southern California With 1.2 Million Square Feet Of Space
Anduril Industries on Thursday said it is adding nearly 1.2 million square feet of office and industrial space at a new campus in Southern California, a sign of the company’s […]
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Business/FinancialCACI Posts Strong Earnings Gains In Second Quarter
CACI International [CACI] on Wednesday reported higher earnings and sales in its second quarter of fiscal year 2026 with growth across its customer segments despite the recent government shutdown. Net […]
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Business/FinancialHypersonic Testing Company Stratolaunch Raises New Capital
Stratolaunch on Tuesday said it has “completed a significant capital raise” to accelerate its capabilities in providing hypersonic testing services for its customers. The amount of the raise was not […]
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BudgetDefense Bill Provides $500 Million To Add Alternative Solid Rocket Motor Sources
Congressional defense appropriators have agreed to provide $500 million for the Defense Department to spend on adding alternate production sources of solid rocket motors (SRMs) to help eliminate them as […]
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Business/FinancialCanadian Software Firm Focused On Arctic Security Raises $15 Million In Seed Round
Canadian defense technology startup Dominion Dynamics on Monday said it raised $15.2 million in a seed round to accelerate the deployment of its software that enables the fusion of sensor […]