Business/Financial
-
Business/FinancialKratos And RAFAEL Partner To Join Growing Field Of Rocket Motor Makers
Kratos Defense & Security Solutions [KTOS] and Israel’s RAFAEL Defense Systems on Wednesday said they have formed a joint venture to become a U.S.-based merchant supplier of solid rocket motors […]
Tagged in: -
Advanced / Transformational TechnologyL3Harris, Shield Team On Integrating EW Management System With AI Pilot
L3Harris Technologies [LHX] and Shield AI are collaborating on a demonstration of an electronic warfare battle management system integrated into unmanned aircraft systems (UAS) piloted by artificial intelligence for operations […]
-
Business/FinancialVTG Acquires Loki Solutions To Expand Presence In Intel Community
Digital and engineering technology services firm VTG on Tuesday said it has acquired information technology company Loki Solutions LLC to expand its work with the intelligence community (IC). Terms of […]
-
CongressGive Large, Non-Defense U.S. Manufacturers ‘A Shot’ at New Programs, Feinberg Says
Simplifying DoD program requirements as part of an effort to spur more companies to make defense systems is a priority for Stephen Feinberg, the co-founder of Cerberus Capital Management and […]
Tagged in: -
Business/FinancialOrtberg Nabs RTX Government Affairs Chief For Same Role At Boeing
Boeing [BA] on Thursday said it has hired Jeff Shockey as its new chief lobbyist, replacing Ziad Ojakli, who left the company in December after holding the job since October […]
-
Business/FinancialL3Harris Begins Rocket Motor Expansion At Camden With DPA Funds
L3Harris Technologies [LHX] on Thursday broke ground on four new solid rocket motor (SRM) facilities at the company’s site in Camden, Ark., taking advantage of a Defense Department award made […]
-
Business/FinancialLeonardo DRS Finishes 2024 With Strong Results; Begins Dividend, Share Repurchase Program
Leonardo DRS [DRS] on Thursday reported robust fourth quarter results to end a strong fiscal year and the company expects the good run to continue in 2025. Net income in […]
Tagged in: -
SpaceTrue Anomaly Expanding Into California’s ‘Space Beach’ With New Production Capacity
Defense spacecraft and software company True Anomaly on Thursday said it is expanding beyond its Colorado roots by adding new development and production capacity in Southern California as part of […]
Tagged in: -
Advanced / Transformational TechnologySaronic Raises $600 Million With Sights On Building Modern Shipyard For Big Autonomous Vessels
Autonomous surface vessel developer and manufacturer Saronic has closed a $600 million funding round for a downpayment on a new waterside shipyard the company has conceived around advanced manufacturing methods […]
Tagged in: -
Business/FinancialAnduril, L3Harris In Partnerships With Indian Companies As Part Of New Autonomous Systems Alliance
President Donald Trump and Indian Prime Minister Narenda Modi late last Thursday announced a new initiative between the two countries, the Autonomous Systems Industry Alliance (ASIA), that will begin with […]