Business/Financial

Leonardo DRS [DRS] on Thursday posted strong first quarter results with earnings and sales higher across its operating segments. Net income increased 72 percent to $50 million, 19 cents earnings […]

HII [HII] on Thursday posted first quarter declines in its top and bottom-lines driven by lower sales across the company’s operating segments, and higher interest expense and taxes. Net income […]

AeroVironment [AVAV] on Thursday said it completed its $4.1 billion acquisition of BlueHalo, significantly diversifying and expanding its defense business with the addition of space, electronic warfare and cyber technologies […]

Space technology startup True Anomaly raised $260 million in a funding round targeted at product and talent investment, increasing vertical integration, and facility expansion. The oversubscribed Series C round was […]

VTG on Wednesday said it has acquired Triaplex, Inc. in a deal that adds to its cyber and signals intelligence capabilities and expands its intelligence community customer base. Terms of […]

Space Domain Awareness provider Slingshot Aerospace on Tuesday debuted what it says is the “world’s first” package to provide sovereign nations with their own space tracking capabilities, decreasing their reliance […]

Radian Aerospace has introduced a reusable space capsule it is developing as a testbed for technologies it is developing and for customers developing hypersonic and spaceflight systems, giving the Seattle-based […]

Flush with demand for its standardized spacecraft buses and seeking to speed production, Apex on Tuesday said it has raised $200 million in a Series C round that will be […]

L3Harris Technologies [LHX] on Thursday posted strong first quarter earnings on lower corporate, divestiture, and business transformation costs, and higher operating earnings despite a slight drop in sales. Net income […]

Lockheed Martin [LMT] and Amentum [AMTM] on Wednesday said they have reached a deal for Amentum to sell its engineering and technology-focused Rapid Solutions business to Lockheed for $360 million […]