Business/Financial
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Advanced / Transformational TechnologyBoeing’s Defense Segment Leveraging Palantir’s Analytics To Improve Operations, Programs
NATIONAL HARBOR, Md.—Boeing’s [BA] $25 billion defense and space business has signed up Palantir Technologies [PLTR] to provide its Foundry data analytics software that will provide artificial intelligence tools to […]
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ArmyAhead Of Orders, Anduril Plans To Produce New Cruise Missile At Scale
NATIONAL HARBOR, Md.—Anduril Industries plans next year to build more than a thousand Barracuda-500 cruise missiles for foreign and domestic buys, company officials said on Tuesday. The Air Force’s Franklin […]
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Advanced / Transformational TechnologyNorthrop Grumman Selling Microchips, Related Services To Other Defense Companies
Northrop Grumman [NOC] last year began selling products and services from its legacy semiconductor facilities to the rest of the U.S. defense industrial base to expand access to microelectronics used […]
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Business/FinancialUrsa Major Touts Draper Engine Award From U.S. Company
Ursa Major on Wednesday said it has received a $34.9 million order from an undisclosed U.S aerospace and defense company to supply its Draper liquid rocket engines, which is still […]
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Business/FinancialUkraine Drone Autonomy Firm Swarmer Raises $15 Million From U.S. Investors
A small Ukrainian-based firm developing and providing autonomy software for combat drones has received $15 million in a funding round led by U.S. investors that will help Swarmer add talent, […]
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Business/FinancialDigital Manufacturer Divergent Technologies Raises $290 Million In Funding Round
Divergent Technologies, which provides the aerospace, defense, and automotive industries with an end-to-end digital manufacturing platform, has raised $290 million in a new funding round to scale manufacturing capacity and […]
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Business/FinancialNavy Industrial Base Program Partners With Nikon On Large Format 3D Printing System
Nikon Advanced Manufacturing Inc. on Monday said it has received funding from the Navy Maritime Industrial Base program to add its first ultra-large format laser-powder bed fusion metal additive manufacturing […]
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Business/FinancialMachinists Reject Boeing’s Latest Offer, Continuing Strike
A union strike at Boeing’s [BA] defense operations around St. Louis, Mo., continues after local machinists last Friday voted against the company’s latest contract offer. Boeing said that “no further […]
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Business/FinancialRedwire Opens New Facility To Support Space-Based Defense
Redwire [RDW] on Thursday said it has opened a new 15,000 square-foot facility in Albuquerque, N.M., that will focus on rapid development of space-based defense systems. The Firestone Rapid Capabilities […]
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Business/FinancialBoeing Machinists In St. Louis To Vote Friday On Latest Contract Offer
Union defense workers at Boeing’s [BA] St. Louis area operations will vote Friday on the company’s latest labor agreement, which proposes higher average wages and a longer contract term. If […]