Business/Financial

The investment firm KKR [KKR] on Monday said it has agreed to acquire the holding company Novaria Group, a supplier of precision aerospace components to commercial and defense customers. Terms […]

One of the original participants in the Air Force’s 2017 light attack experiment has filed a second protest with the Government Accountability Office (GAO), criticizing the service’s decision to procure […]

European missile company MBDA on Thursday said it has agreed to acquire Airbus Group’s ground vehicle and missile simulation business. Terms of the deal were not disclosed. GDI Simulation is […]

TRC Companies on Tuesday said it has completed its acquisition of Lockheed Martin’s [LMT] Distributed Energy Solutions (LM-DES), which expands its presence across North America and adds to its utility […]

ST. LOUIS—Boeing [BA] is responding to a Request for Information from Israel for an upgraded F-15 aircraft based on the latest capabilities the company is delivering for other international customers […]

The Government Accountability Office (GAO) has sustained Blue Origin’s pre-award protest against the Air Force, which alleged that the service’s launch services procurement (LSP) program requirements restricted competition and were […]

ST. LOUIS—Boeing [BA] continues to buy down risk and get through key development milestones with the Air Force’s new T-7A pilot training system and the company and its teammate Saab […]

Boeing [BA] and Brazil’s Embraer [ERJ] on Monday announced the name of their defense joint venture, which is expected to receive regulatory approval in early 2020, and which will sell […]

The format of the Air Force’s inaugural Space Pitch Day was positively received by some industry observers, who hope it is just the beginning of a concerted effort by the […]

Following self-reported success and positive industry feedback from the first-ever Space Pitch Day, the Air Force is already planning to annually meet with selected small businesses to find more innovative […]