Business/Financial
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Business/FinancialSerco Completes Acquisition Of Northrop Grumman Business Unit
Serco Inc. on Tuesday said it has completed its $327 million acquisition of Northrop Grumman’s [NOC] mission training and satellite ground network communications software business, further expanding the United Kingdom-based […]
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WeaponsL3Harris Breaks Ground On New Rocket Motor Facilities, This Time In Virginia
CULPEPER, Va. – L3Harris Technologies’ [LHX] Aerojet Rocketdyne division started clearing trees for new roads and facilities in recent months as it breaks ground to expand its Orange County, Virginia […]
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Business/FinancialL3Harris To Pay $62 Million Fine To Settle Allegations Over False Pricing
The Justice Department on Thursday said it has reached a $62 million settlement with L3Harris Technologies [LHX] to resolve allegations that one of the company’s business units knowingly submitted false […]
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Business/FinancialIntelligence Community-Focused Vibrint Acquires Ampsight Adding New Customers
ST. LOUIS—Vibrint on Monday said it has acquired Ampsight, a small company with expertise in cloud, cybersecurity, and artificial intelligence that adds to its customer base in the intelligence community, […]
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Advanced / Transformational TechnologyAI On The Sensor Software Developer TurbineOne Raises $36 Million
Startup software developer TurbineOne, whose forte is putting artificial intelligence into sensors at the tactical edge, has raised $36 million in a Series B funding round to increase hiring and […]
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SpaceGAO: SDA Tranche Achievement of MVP Could Help Save Hundreds of Millions of Dollars in Decade
The Government Accountability Office (GAO) contends that achieving the minimum viable product (MVP) standard for two-year satellite tranches could help save the U.S. Space Force Space Development Agency (SDA) hundreds […]
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Business/FinancialVTG Acquires Three Companies To Expand Intelligence Community Footprint
VTG on Tuesday said it has completed three more acquisitions that enhance its capabilities, solutions offerings, and footprint with the intelligence community. Terms of the deals for Byte Systems, LLC, […]
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Business/FinancialLockheed Martin Expands Investment In X-Bow To Add Startup As Independent Rocket Motor Supplier
X-Bow Systems on Monday said it has received an additional investment by Lockheed Martin [LMT] that will help the startup accelerate its work to become an independent supplier of solid […]
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Business/FinancialUrsa Major Validates Rocket Motor Manufacturing Process With Denser Propellant Arrangement
Ursa Major on Wednesday said it conducted multiple static fires of a 5-inch solid rocket motor (SRM) packed with propellant in a configuration that enables longer ranges and different thrust […]
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Business/FinancialKratos Introduces Landing Gear Variant Of Valkyrie Tactical Drone
Kratos Defense & Security Solutions [KTOS] recently unveiled a version of its Valkyrie stealthy, aerial combat drone with internal landing gear to enable conventional takeoff and landing to give customers […]