Business/Financial

Maxar Technologies [MAXR] on Tuesday evening said it has agreed to acquire Saab’s share of two companies’ Vricon joint venture, a $140 million cash deal that will allow it to […]

Relativity Space, a Los Angeles-based space startup using 3D-printing and artificial intelligence techniques to build launchers, has signed a right of entry agreement (RoE) with the Air Force’s 30th Space […]

The Department of Energy will not pick up the remaining options on Bechtel National-led Consolidated Nuclear Security’s contract to manage the Y-12 National Security Complex and the Pantex Plant, which […]

Last week, the Defense Department announced several Defense Production Act (DPA) Title II actions to help the industrial base deal with disruption due to the COVID-19 pandemic, particularly focusing on […]

Redwire, a newly formed company for space solutions, on Tuesday said it has acquired Made In Space (MIS), a provider of on-orbit space manufacturing technologies, including 3D printing and robotic […]

The largest union at General Dynamics’ [GD] Bath Iron Works (BIW), Local S6 of the Machinists Union, voted on June 21 to go on strike for the first time in […]

The private equity firm AE Industrial Partners on Monday said it has acquired a majority interest in NuWave Solutions, a small data analytics and artificial intelligence company serving the federal […]

BAE Systems is expanding its presence in the aircraft electrification market to include energy management and engine control systems for hybrid and fully-electric aircraft — both regional/business jets and urban […]

Augmented reality startup Red 6 on Thursday said it has received a strategic investment from the ventures unit of Lockheed Martin [LMT], funding that will allow the small California-based company […]

Plans for the Space Force to award two launch services contracts for its next batch of national security space missions this summer remain on track, the Space and Missile Systems […]