Business/Financial

On the docket for Michael Duffey, the newly installed Pentagon acquisition chief, will be his review and implementation of the closely held recommendations of the DoD Independent Review Team (IRT) […]

By the end of the summer, GE Aerospace [GE] plans to conduct a full-scale test in Evendale, Ohio of the company’s dual-mode ramjet (DMRJ) hypersonic engine with rotating detonation combustion (RDC) […]

Impulse Space this week said its raised $300 million in a Series C funding round to scale production and add talent to meet demand for its in-space mobility vehicles. The […]

Lockheed Martin [LMT] is developing a virtual arena it dubs “AI Fight Club” that will open later this year to allow companies and teams to test their artificial intelligence models […]

Oshkosh Corp. [OSK] on Tuesday said it has hired former Boeing [BA] executive Steve Nordlund to run its new Transport segment, which is the truck manufacturer’s renamed defense segment that […]

Space and defense technology company Voyager Technologies on Monday said it has begun its investor roadshow as part of previously announced plans for an initial public offering (IPO). The Denver-based […]

Science Applications International Corp. [SAIC] on Monday posted a decline in first quarter earnings due to higher expenses and a cost overrun on a space program while sales edged higher […]

Karman Space & Defense [KRMN] on Thursday said it has acquired Industrial Space Propulsion (ISP) to strengthen its position in energetics and expand its capabilities in small-diameter solid propellant technologies. […]

Leidos [LDOS] on Tuesday said it recently acquired Kudu Dynamics in a deal that adds artificial intelligence-based cyber capabilities that the company will leverage with its existing customer base. The […]

Motorola Solutions [MSI] on Tuesday said it has agreed to acquire Silvus Technologies in a potential $5 billion deal that gives the company capabilities in scalable, self-healing, software-defined secure mesh […]