Business/Financial

Incoming Boeing [BA] Chief Financial Officer Jay Malave will be working under several temporary restrictions related to the company’s defense business and work done by his former employer Lockheed Martin […]

Moog Inc. [MOG.A] on Monday said it has acquired COTSWORKS Inc., a designer and manufacturer of fiber optic components for aerospace and defense applications, for $63 million. COTSWORKS has more […]

Palantir Technologies [PLTR] will use its Warp Speed digital data platform to help the Navy accelerate the production of warships in partnership with BlueForge Alliance (BFA), a non-profit focused on […]

Parsons Corp. [PSN] on Tuesday said it has acquired Chesapeake Technologies International (CTI) in an $89 million deal that strengthens its position with U.S. Special Operations Forces and in the […]

Steve Parker, a long-time Boeing [BA] veteran who has led the company’s defense segment in an acting capacity since last September, has been named president and CEO of the business […]

RTX [RTX] is integrating Shield AI’s Hivemind autonomy pilot software into an operational weapon that will allow it to autonomously coordinate and collaborate with other systems equipped with the same […]

Jay Malave, who abruptly left Lockheed Martin [LMT] in April as their chief financial officer (CFO), will join Boeing [BA] in the same role in August. Malave on Aug. 15 […]

U.S. Navy shipbuilder HII [HII] and enterprise AI application software company C3.ai, Inc. [AI] announced the expansion of their partnership aimed at accelerating shipbuilding throughput. In a Monday announcement, the […]

TransDigm Group Inc. [TDG] on Monday said it has agreed to acquire the Simmonds Precision Products business from RTX [RTX] for $765 million, a deal that is in line with […]

When the office of the DoD comptroller released its fiscal 2026 budget documents on June 27, there was a reference to the U.S. Space Force providing $277 million for the […]