Business/Financial
-
PentagonEnergy Fuels Gets DoD Investment To Expand Into Expand Rare Earth Supply Chains
The Defense Department’s Office of Strategic Capital (OSC) has agreed to loan $725 million to Energy Fuels, Inc. [UUUU], to help the company expand its business from uranium production to […]
-
Business/FinancialTrump Leverages Defense Production Act To Boost Munitions Collaboration Within Industry
President Donald Trump last week invoked a decades old law that gives the federal government emergency authorities to control domestic industries, in this case enabling the defense industrial base around […]
-
Business/FinancialLockheed Martin Exploring Production Help With GM Defense
Lockheed Martin [LMT] and GM Defense on Tuesday said they have signed an memorandum of understanding (MoU) to explore ways to leverage GM’s commercial manufacturing expertise in support of accelerating […]
-
Business/FinancialPentagon Loaning $500 Million To Rare Earth Element Processing Company For Expansion
The Defense Department’s Office of Strategic Capital (OSC) on Tuesday said it has agreed to provide Phoenix Tailings a conditional $500 million loan for the processing of rare earth elements […]
-
Business/FinancialGilat to Acquire Comtech’s Satellite and Space Business, Targeting US Defense Growth
Gilat Satellite Networks has moved to acquire Comtech’s [CMTL] Satellite and Space Communications segment, in a deal announced Monday to bring together two major players in the satellite ground technology segment. Gilat, […]
-
UncategorizedHoneywell To Complete Aerospace Spin-Off On June 29
Honeywell’s [HON] board on Monday set June 29 as the date to complete the spin-off of the company’s $17.5 billion aerospace business, part of a planned split into several public […]
-
Business/FinancialCSIS Releases Report On Rocket Motor Industrial Base Challenges And Opportunities
The industrial base for solid rocket motors (SRMs) is benefiting from a growing demand signal for the missiles and munitions they power and new acquisition reforms, but challenges remain to […]
-
Business/FinancialKongsberg Completes Acquisition Of Zone 5 Technologies
Norway’s Kongsberg on Wednesday said it has completed its acquisition of California-based Zone 5 Technologies, adding a U.S.-based developer and manufacturer of low-cost missiles to its portfolio. The value of […]
-
Business/FinancialHybrid-EV Truck Developer Harbinger Unveils Unmanned Platform For Military; In-Q-Tel Invests
Hybrid and electric vehicle developer and manufacturer Harbinger on Wednesday said it has stood up a defense business and introduced a new commercial-based unmanned platform for military applications. Harbinger also […]
-
Business/FinancialICEYE Raises $520 Million In Late Stage Round
Finnish satellite remote sensing company ICEYE on Tuesday said it raised $520 million in a Series F round to accelerate delivery of new capabilities. The investment was led by General […]