Business/Financial
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Business/FinancialParsons Acquires Altamira For $375 Million, Strengthening Defense And Intelligence Work
Parsons [PSN] on Thursday said it has acquired Altamira Technologies in a deal valued at up to $375 million, complementing its existing capabilities in data analytics, signals intelligence, cyber, missile […]
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Business/FinancialNorthrop Grumman Says It’s In Tune With Rapid Production Goal In DoD-L3Harris Agreement
Northrop Grumman [NOC] said that it is in tune with the rapid production goal that the Pentagon said motivated its agreement with L3Harris Technologies [LHX] to spin off the latter’s […]
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Unmanned SystemsLockheed Martin, Saildrone Eye Missile Launch From USV This Summer During RIMPAC
Lockheed Martin [LMT] and its partner Saildrone this July plan to conduct a live fire launch of the Joint Air-to-Ground (JAGM) missile from an unmanned surface vessel (USV) during the […]
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Business/FinancialVenture-Backed Data Management Company Onebrief Closes $200 Million Round; Acquires Battle Road Digital
Onebrief, a startup developing a data management platform to automate workflows and reports for military commands, leaders and planners, has closed a $200 million funding round, enabling the company to […]
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Business/FinancialDuffey: “We’re Picking Speed” In $1 Billion Investment In L3Harris SRM Spin-Off
L3Harris Technologies [LHX] is to spin off its newly created missile solutions business as a new company with a $1 billion infusion from the Pentagon’s Industrial Base Analysis and Sustainment […]
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Business/FinancialRecord F-35 Deliveries, PAC-3 Production Framework Show Lockheed Martin Stepping Up, Hegseth Says
Record deliveries of the F-35 fighter in 2025 and a recent agreement with the Defense Department to triple production of Patriot Advanced Capability (PAC)-3 missile interceptors over the next seven […]
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Space13th Hawkeye 360 Satellite Trio In Orbit
HawkEye 360 said that its 13th radio frequency (RF) satellite trio is in orbit and communicating with the ground after the launch of the Twilight rideshare mission aboard a SpaceX […]
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Advanced / Transformational TechnologyDoD Strategic Capital Office Seeks Solutions To Better Engage With Technology Ecosystem
The Office of Strategic Capital (OSC) last week issued a Commercial Solutions Opening seeking complete solutions to help Defense Department personnel accelerate their understanding of the business and technology ecosystems […]
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Business/FinancialKarman To Acquire Composites And Material Sciences Companies To Boost Navy Work
Karman Space & Defense [KRMN] on Wednesday said it has agreed to acquire Seeman Composites and Materials Sciences, LLC, for $220 million combined in deals that further Karman’s work with […]
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Business/FinancialTrump Directive Halts Dividends, Stock Repurchases By “Major Defense Contractors”
As expected, President Donald Trump on Wednesday evening issued an executive order that would stop “major defense contractors” from paying shareholder dividends and repurchasing their stock instead of investing in […]