Business/Financial
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SpaceL3Harris Announces Completion of PDR for Company’s Tranche 2, Tracking Layer Satellites
L3Harris Technologies [LHX] said on Tuesday that it had finished Preliminary Design Review (PDR) to develop 18 satellites with infrared payloads for the U.S. Space Force’s Space Development Agency (SDA) […]
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Advanced / Transformational TechnologyAnduril Offers Software Development Kit For Lattice Networking Platform To Boost Interoperability
To ensure interoperability with its edge mesh networking platform, Anduril Industries has released a software development kit (SDK) that partners can use to build applications to run on the company’s […]
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Business/FinancialEarnings Dip Despite Record Sales At AeroVironment In Second Quarter
AeroVironment [AVAV] on Wednesday posted lower net income as higher spending on research and development, and acquisition-related expenses ate into the bottom-line despite a modest increase in sales to a […]
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Business/FinancialSAIC Posts Strong Third Quarter Results; Townes-Whitley Discusses DOGE
Science Applications International Corp. [SAIC] on Thursday posted strong third quarter fiscal year 2025 results driven by work on new and existing contracts. Net income rose 14 percent to $106 […]
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Business/FinancialHII To Acquire Assets Of Submarine Metal Fabricator To Increase Capacity And Production
In a bid to increase capacity and in turn begin to accelerate the production of submarines for the Navy, HII [HII] has agreed to acquire the assets of W International, […]
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Business/FinancialSafran’s New U.S. Subsidiary Initiates Expansion, Modernization Drive
Following the establishment of a defense and space-focused subsidiary in the U.S. earlier this year, France’s Safran is now investing strategically to expand and modernize its capabilities here, the company […]
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Business/FinancialNavy Awards X-Bow $60 Million To Modernize Energetics Facilities And Increase Capacity
The Navy the past year has awarded X-Bow Systems five contracts worth a combined $60 million to modernize and automate energetics facilities at the Naval Surface Warfare Center Indian Head […]
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Business/FinancialRheinmetall Vertically Integrated In The U.S. After Completing Acquisition Of Loc Performance
German arms developer and manufacturer Rheinmetall on Monday said it has completed its acquisition of Michigan-based Loc Performance Products, significantly expanding its U.S. presence base and adding production capabilities to […]
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Advanced / Transformational TechnologyCommerce Department Finalizes CHIPS Act Awards To BAE, Rocket Lab
The Department of Commerce on Monday said it has finalized awards to BAE Systems and Rocket Lab [RKLB] to incentivize domestic semiconductor capabilities using funding provided by the CHIPS and […]
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Business/FinancialBlueHalo Acquires Underwater Robotic Vehicle Developer VideoRay
BlueHalo last Friday said it has acquired VideoRay, a developer and manufacturer of remotely operated underwater vehicles, giving the defense technology company a presence in the unmanned maritime market. Terms […]