Business/Financial
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Business/FinancialGD and BETA Partner For Classified Undersea Propulsion
BETA Technologies and General Dynamics [GD] last week announced the start of a partnership to develop “advanced propulsion systems” for a classified undersea vehicle project. In a September 26 announcement, […]
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Business/FinancialDoD Funds GD, Americarb To Boost Rocket Motor Supply Chain
The Defense Department has awarded a combined $33.5 million in separate contracts to General Dynamics [GD] and Americarb, Inc. to strengthen the industrial base for solid rocket motors (SRMs). The […]
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Business/FinancialRTX Contracts With Avio For Further Engineering Of Second Stage Motor For Standard Missiles
The U.S.-based business of Italy’s Avio has received a potential $26 million order from Raytheon to continue engineering work on the Mk 104 solid rocket motor (SRM) as a potential […]
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Advanced / Transformational TechnologyBlue Water Autonomy Selects Conrad Shipyard As Focus Shifts To ASV Production
Autonomous surface vessel (ASV) developer Blue Water Autonomy has entered into a production agreement with Conrad Shipyard, signifying that the company is shifting its focus to ship construction. The agreement […]
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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 […]