Business/Financial
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Advanced / Transformational TechnologyHermeus Eyeing December To Fly First Aircraft On Path To Hypersonic Flight
ATLANTA—If all goes well in the coming days and weeks to complete remaining test points, Hermeus in December expects to conduct the first flight of a remotely piloted jet-powered aircraft […]
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Business/FinancialLockheed Martin Receives Nearly $870 Million in Long Lead Funding for F-35 Lot 20
Lockheed Martin [LMT] has received a nearly $870 million award for long-lead items and parts for production Lot 20 of the company’s F-35, DoD said in a Friday contracts announcement. […]
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Business/FinancialAnduril Static Fires New Rocket Booster, Signaling New Competitor In Hypersonic Arena
Anduril Industries last Friday said it successfully static test fired its 18-inch Denali hypersonic solid rocket motor, validating a new propellant mixer and marking a milestone toward the development of […]
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SpaceSome GPS Launches Awaiting Vulcan Certification
The U.S. Space Force has launched six Lockheed Martin [LMT] GPS III satellites, and the company has been storing four GPS IIIs in Littleton, Colo. The 31-satellite GPS constellation “is […]
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Advanced / Transformational TechnologyLockheed Martin Part of ICEYE Consortium to Provide ATR for F-35
Finnish synthetic aperture radar (SAR) satellite provider ICEYE is teaming with a number of defense companies, including Lockheed Martin [LMT], to employ automatic target recognition (ATR) algorithms to sort SAR […]
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Advanced / Transformational TechnologyCargo Delivery From Space Startup Inversion Raises $44 Million In Funding Round
A small company developing space-based vehicles that can store cargo in orbit for delivery to Earth on demand has raised $44 million in a Series A funding round that will […]
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SpaceTournear: ‘Majority’ of DoD Systems Could Use SDA Acquisition Approach
The commercial sector’s employment of firm, fixed price contracts–notably the approach of SpaceX founder and Trump insider Elon Musk–looks to upset the apple cart of DoD acquisition come January, and […]
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Business/FinancialStartup Developing Optical Gyro On A Chip For GPS-Denied Ops Gets Funding With Lockheed’s Help
ANELLO Photonics this week said it has closed a Series B funding round to accelerate the development of its chip-based optical gyroscope technology that allows autonomous systems to operate in […]
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Business/FinancialAeroVironment Postures As Alternative Defense Prime With Deal To Acquire BlueHalo
Unmanned systems developer and manufacturer AeroVironment [AVAV] on Tuesday agreed to acquire defense technology company BlueHalo in a deal that creates a $1.7 billion diversified business and will position it […]
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Business/FinancialRocket Lab Signs First Neutron Launch Contract, Posts 55% Growth in Q3
Rocket Lab [RKLB] announced its first launch deal for the upcoming medium-lift Neutron rocket — a multi-launch agreement with an unnamed commercial satellite constellation operator. Rocket Lab announced the deal […]