Business/Financial
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Business/FinancialGeneral Atomics Aeronautical Systems Gets Behind Musk’s DOGE
Emphasizing its role as a challenger to the status quo, unmanned aircraft systems (UAS) developer and manufacturer General Atomics Aeronautical Systems (GASI) is offering its support to President Trump’s government […]
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Business/FinancialBoeing Warns Of Another Loss To End 2024, Including More Defense Charges
Boeing [BA] on Thursday reported preliminary results for its fourth quarter of 2024 with an expected net loss of $5.46 per share and negative cash flow of $3.5 billion due […]
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Business/FinancialKubasik All In On DOGE, Offers Recommendations To Ease DoD Regulations, Speed Acquisitions
Lauding what he says were successes of the first Trump administration to streamline the Pentagon’s bureaucracy, L3Harris Technologies [LHX] Chairman and CEO Chris Kubasik this week offered recommendations to the […]
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Business/FinancialAnduril Picks Columbus For First Gigafactory With Production To Start Mid-2026
Anduril Industries has tapped Columbus, Ohio, for its future hyperscale production facility where it plans to manufacture tens of thousands of autonomous systems and weapons annually to meet what it […]
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Advanced / Transformational TechnologyCommerce Department To Provide $70 Million To MACOM To Support Chips For Defense, Telecom
The Commerce Department on Tuesday signed non-binding preliminary deal terms with U.S. semiconductor designer and manufacturer MACOM Technology Solutions to provide up to $70 million in direct funding to expand […]
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Business/FinancialLockheed Martin Names New Skunk Works and Integrated Fighter Group Managers
OJ Sanchez has succeeded John Clark as the vice president and general manager of Lockheed Martin Skunk Works, and Mike Shoemaker has stepped into the shoes of Sanchez as the […]
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Navy/USMCTrump Admin May Be More Receptive To Industry Shipyard Plan, HII CEO Says
The CEO of shipbuilder HII [HII] said the incoming Trump administration is likely more receptive to a plan developed by the Navy and industry to improve shipyard wages and quicken […]
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Business/FinancialAnduril Acquires Radar, C2 Businesses Of Numerica To Boost Air Defense Solutions
Anduril Industries on Thursday said it acquired the radar, and command and control (C2) businesses of Numerica Corp., adding new products, capabilities, and expertise that bolster its solutions for air […]
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Advanced / Transformational TechnologyRocket Lab To Supply HASTE Suborbital Launch Vehicle As Part Of New Hypersonic Test Effort
Rocket Lab [RKLB], one of the subcontractors to Kratos Defense & Security Solutions [KTOS] under a new $1.5 billion contract to continue to provide the Defense Department with affordable hypersonic […]
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Advanced / Transformational TechnologyKratos Says MACH-TB 2.0 Award Worth $1.5 Billion, Largest In Company’s History
Kratos Defense & Security Solutions [KTOS] on Monday said its recent win of the contract for Defense Department’s Multi-Service Advanced Capability Hypersonic Test Bed (MACH-TB) 2.0 first task area is […]