Business/Financial

Starfish Space on Wednesday announced a new funding round that will allow it to complete development and build of three spacecraft that will be used for on-orbit docking and maneuvering […]

Firefly Aerospace has raised $175 million in new venture capital that will help it boost production of a multi-mission orbital vehicle and its small lift rocket, and accelerate hardware qualification […]

Flight testing of an autonomous KC-135 Stratotanker may begin next year. Boston’s Merlin Labs, Inc. and the U.S. Air Force’s 6th Air Refueling Wing at MacDill AFB, Fla., have been testing […]

Indian conglomerate JSW Group will invest $90 million in U.S. startup Shield AI over the next two years to license and manufacture the small company’s V-BAT unmanned aircraft system (UAS) […]

Vatn Systems, a startup developing autonomous underwater vehicles (AUVs) for U.S. and allied military customers, on Tuesday said it has raised $13 million in seed funding to further expand its […]

A second Trump administration committed to cutting federal spending could mean very good things for non-traditional defense companies and startups because of a focus on affordability, Eric DeMarco, the president […]

Teledyne Technologies [TDY] on Wednesday said it has agreed to acquire two business units from Excelitas Technologies Corp. for $710 million in cash, one based in the United Kingdom that […]

HII [HII] on Wednesday named Kari Wilkinson, currently president of the company’s Ingalls Shipbuilding segments, as the incoming president of its nuclear shipbuilding operations in Virginia effective Jan. 1, 2025. […]

Palantir Technologies [PLTR] on Monday reported surging sales in its third quarter that included strong revenue from Defense Department contracts and the U.S. government overall. Sales to the DoD were […]

Boeing’s [BA] machinists’ union members on Monday voted to end their 53-day strike that shut down production at the company’s commercial aircraft plants in the Pacific Northwest but the company […]