Business/Financial
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Business/FinancialBlackSky Optimistic for U.S. Gov Opportunities Despite Budget Volatility
While BlackSky [BKSY] has lowered its full-year outlook for 2025, citing the “near term volatility” of the U.S. government budget process, CEO Brian O’Toole told investors on Thursday that BlackSky […]
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Unmanned SystemsGermany’s Rhenmetall To Integrate Autonomous Underwater Vehicle To Coastal Defense System
The Germany-based EUROATLAS on Wednesday announced it agreed to a strategic partnership to integrate its Greyshark autonomous underwater vehicle (AUV) with Rheinmetall ‘s coastal defense system while also emphasizing sovereign […]
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SpaceULA Vulcan to Have Debut Launch for U.S. Space Force Next Tuesday
The United Launch Alliance (ULA) Vulcan rocket is to have its debut National Security Space Launch for the U.S. Space Force on Aug. 12 in carrying the USSF-106 mission to […]
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Business/FinancialAnduril to Focus on Mid-Sized Tactical SRMs at Mississippi Plant
Anduril Industries plans to focus on mid-sized tactical solid rocket motors (SRMs) in an effort to build 6,000 SRMs annually by the end of next year at the company’s new […]
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ArmyL3Harris Marks New Solid Rocket Motor Plant In Huntsville, Room To Expand
HUNTSVILLE, Ala. – L3Harris Technologies [LHX] opened its newest solid rocket motor (SRM) production facility here during a Monday ceremony, marking another milestone in its continuing plans to expand production […]
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Business/FinancialLeidos Receives Sea Dart Contract from ‘Classified Customer,’ Reports Increase in 2nd Quarter Earnings
Leidos [LDOS] has received a contract from a “classified customer” for 12 Sea Dart unmanned underwater vessels “to augment their arsenals,” Leidos CEO Tom Bell said in the opening segment […]
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Business/FinancialUnion Machinists Go On Strike At Boeing Defense Plants in Missouri and Illinois
The 3,200 union machinists at Boeing [BA] plants in Mascoutah, Ill., and St. Charles and St. Louis, Mo.–among whom will be those helping to build the U.S. Air Force’s F-47 […]
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Business/FinancialNewport News Division Leads HII’s Earnings Down In Second Quarter
HII [HII] on Thursday reported a drop in second quarter net earnings despite higher sales largely due to lower performance on the Virginia-class submarine program and aircraft carrier construction at […]
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Business/FinancialSoftware Company Reveal Technology Raises $30 Million
Reveal Technology, a software company focused on providing 3D mapping from drone video and multimodal biometrics on tactical mobile devices, on Tuesday said it closed a $30 million funding round […]
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Air ForceMerlin to Integrate Its Mission Autonomy Software Onto Northrop Grumman M437
Boston-based Merlin said on Wednesday that it is to integrate its Merlin Pilot autonomy software for Northrop Grumman‘s [NOC] Beacon testbed project using the Scaled Composites Model 437 (M437) aircraft. […]