Business/Financial
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Business/FinancialWatchtower Labs Raises $35 Million In Seed Round With Focus On AI Applications For Logistics
Watchtower Labs, a startup initially focused on developing artificial intelligence-native applications for logistics planning, on Wednesday emerged from stealth with $35 million in seed funding. The investment was led by […]
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PentagonHegseth Praises SNC During Speech At Company’s Dayton Site
Defense Secretary Pete Hegseth praised Sierra Nevada Corp. (SNC) in a speech at the company’s Dayton site on Tuesday. “What we see here at SNC is the blueprint for a […]
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Business/FinancialL3Harris Cuts Ribbon On New Rocket Motor Facility To Support GMLRS
L3Harris Technologies [LHX] on Tuesday opened a new solid rocket motor production facility in Camden, Ark., aimed at doubling capacity in support of the Guided Multiple Launch Rocket System (GMLRS). […]
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Business/FinancialPower Systems Startup Stellios Exits Stealth With $5 Million Pre-Seed Round
Stellios Technologies, a startup developing power systems for directed energy, fusion and propulsion applications, on Tuesday emerged from stealth with a $5 million pre-seed round. The Austin, Texas-based company is […]
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Business/FinancialNorthrop Grumman Posts Solid Third Quarter Results Led By Military Aircraft Work
Northrop Grumman [NOC] on Tuesday posted higher sales and net income in its third quarter driven by top-line gains across its businesses and bottom-line increases in three of them. Net […]
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Business/FinancialCommercial, Defense And Tariff Recovery Power RTX To Strong Third Quarter
RTX [RTX] on Tuesday posted strong third quarter financial results driven by its commercial aerospace and defense businesses and the company also benefited from tariff refunds by the government after […]
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Business/FinancialBAE Agrees To Increase APKWS Production Under Multi-Year Framework With DoD
BAE Systems will “surge” production of its Advanced Precision Kill Weapon System (APKWS) to 25,000 annually for the Defense Department under a new agreement that also creates a path to […]
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Business/FinancialHadrian, Lockheed Martin Formalize Agreement For Automated Manufacturing Of Missile Parts
Advanced manufacturing startup Hadrian has reached a seven-year agreement to bring its digital-based solutions to Lockheed Martin’s [LMT] Missiles and Fire Control facility in Grand Prairie, Texas, to help scale […]
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Unmanned SystemsL3Harris Teams With Advanced Manufacturer Divergent On Wolfpack Production
L3Harris Technologies [LHX] is partnering with advanced manufacturing startup Divergent Technologies to scale production of its new Wolfpack family of launched effects platforms, the companies said on Tuesday. L3Harris in […]
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InternationalLancer Unmanned Ground Vehicles in Demand in Ukraine
Ukrainian military forces have praised the performance of Forterra‘s Lancer Unmanned Ground Vehicle (UGV) in moving dozens of 155mm artillery shells and other soldier supplies in front-line areas. Since last […]
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