Business/Financial
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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 […]
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Business/FinancialBWX Technologies Completes Acquisition Of L3Harris’ Specialty Materials Unit
BWX Technologies [BWXT] last week completed its $100 million acquisition of a specialty materials business of L3Harris Technologies [LHX] that is the sole provider of depleted uranium to the U.S. […]
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Business/FinancialICEYE Adds $65 Million To Existing Funding Round
Earth observation company ICEYE on Wednesday said it has closed a $65 million extension to an earlier growth funding round, bringing the total amount raised in 2024 to $158 million. […]
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Business/FinancialAmentum Earnings Fall But Future Looks Bright, CEO Says
Earnings fell at Amentum [AMTM] in fiscal 2024, although the company, which consolidated this summer with the government contracting and cyber wings of Jacobs, sees better days ahead with new […]
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Air ForceSpace Force Launches Seventh GPS III, As Others Await Vulcan Certification
U.S. Space Force launched the seventh Lockheed Martin [LMT] Global Positioning System III (GPS III) satellite aboard a SpaceX Falcon 9 rocket on Monday night from Cape Canaveral Space Force […]
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Advanced / Transformational TechnologyLockheed Martin Creates Subsidiary Focused On Secure AI Solutions For Defense, Commercial Sectors
Building on investments made in generative artificial intelligence to strengthen its own operations, Lockheed Martin [LMT] on Monday launched a new business aimed at helping other companies in the defense […]
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Unmanned SystemsPoland and General Atomics Reach Deal on SkyGuardians
General Atomics Aeronautical Systems, Inc. (GA-ASI) said on Monday that it is selling three of its MQ-9B SkyGuardian drones to Poland. Based on the U.S. Air Force MQ-9A Reaper, the […]
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Business/FinancialBoeing Taps Former Terran, Virgin Orbit Executive To Lead Millennium Space Systems
Boeing [BA] on Monday said it hired Tony Gingiss as the new CEO of its small satellite business, Millennium Space Systems, effective Dec. 9. Millennium was being led on an […]
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