Business/Financial
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Business/FinancialMalave Departs Lockheed Martin; Evan Scott Named New CFO
Lockheed Martin [LMT] on Thursday announced the abrupt departure of Jay Malave as the company’s chief financial officer (CFO) and named Evan Scott as his successor, effective immediately. Malave, who […]
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Advanced / Transformational TechnologyAutonomous Technology Company Scout AI Exits Stealth With $15 Million Seed Round
Scout AI, a year-old startup developing an autonomous platform for defense robotics, on Wednesday emerged from stealth with an oversubscribed $15 million seed round led by Align Ventures and Booz […]
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Business/FinancialSaronic Acquires Gulf Coast Shipbuilder; Introduces 150-Foot USV
Saronic on Wednesday said it has acquired Louisiana-based Gulf Craft, a small shipbuilder that gives it a strategic location on the Gulf Coast and facilities to immediately support development and […]
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Business/FinancialAUV Developer Vatn Systems Employs Palantir To Scale Manufacturing
Joining other defense technology startups that are leveraging Palantir Technologies’ [PLTR] software manufacturing platform, Vatn Systems on Wednesday said they have partnered with the company to help as it transitions […]
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SpaceAhead Of Potential Tariff Concerns, Space Force Began Assessing Supply Chain In Wake Of COVID
COLORADO SPRINGS, Colo.—The Space Force is assessing its supply chain risks and vulnerabilities more comprehensively after initially looking at the piece parts, which has put the service in a better […]
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SpaceBlue Origin May Launch Future GPS Missions, As Space Force Says ULA and Blue Origin Have ‘Credible Plans’ for Certification of Rocket Launches From Both Coasts
Elon Musk’s SpaceX is the only company certified for U.S. Space Force (USSF) and National Reconnaissance Office (NRO) missions launched from Cape Canaveral Space Force Station, Fla., and Vandenberg Space […]
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Business/FinancialNammo, Northrop Grumman Get RTX Contracts As Alternative Sources For Mk 72 Rocket Motors
RTX [RTX] on Monday said it has awarded contracts to Norway’s Nammo and Northrop Grumman [NOC] to qualify the companies as suppliers of Mk 72 solid rocket motors, which help […]
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Advanced / Transformational TechnologyDIU Launches Blue Manufacturing To Vet Key Commercial Tech Suppliers
The Defense Innovation Unit (DIU) last week launched its Blue Manufacturing marketplace initiative, an effort to create a catalog of vetted and trusted suppliers of advanced commercial technologies that are […]
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Business/FinancialDefense Industrial Base Needs Capacity, Surge Ability, Flexibility, And Resilience, Report Says
The U.S. defense industrial base (DIB) remains inadequate to give U.S. forces the edge in, and deter, a major conflict, says a new report by the Center for a New […]
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Business/FinancialSpacecraft Developer Portal Space Raises $17.5 Million In Seed Round
Startup satellite developer Portal Space Systems on Thursday said it raised $17.5 million in an oversubscribed seed round that will support the full-scale demonstration of its Supernova multi-role, transorbital spacecraft […]
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