Business/Financial

Elon Musk’s SpaceX is the only company certified for U.S. Space Force (USSF) and National Reconnaissance Office (NRO) missions launched from Cape Canaveral Space Force Station, Fla., and Vandenberg Space […]

RTX [RTX] on Monday said it has awarded contracts to Norway’s Nammo and Northrop Grumman [NOC] to qualify the companies as suppliers of Mk 72 solid rocket motors, which help […]

The Defense Innovation Unit (DIU) last week launched its Blue Manufacturing marketplace initiative, an effort to create a catalog of vetted and trusted suppliers of advanced commercial technologies that are […]

The U.S. defense industrial base (DIB) remains inadequate to give U.S. forces the edge in, and deter, a major conflict, says a new report by the Center for a New […]

Startup satellite developer Portal Space Systems on Thursday said it raised $17.5 million in an oversubscribed seed round that will support the full-scale demonstration of its Supernova multi-role, transorbital spacecraft […]

REPKON USA on Wednesday said it has acquired a General Dynamics [GD] business that manufactures metal parts for the company’s Ordnance and Tactical Systems (OTS) division. Terms of the deal […]

The Defense Department’s new loan program to boost investment in critical manufacturing areas garnered $8.9 billion financing requests against a loan capacity of $984 million, the department said on Tuesday. […]

L3Harris Technologies [LHX] on Monday said it has completed the sale of its Commercial Aviation Solutions (CAS) business to the investment firm TJC L.P. for $800 million, shedding a non-core […]

Allen Control Systems (ACS) last week said it raised $30 million in a Series A round to accelerate its engineering growth and deployment of its Bullfrog counter-drone robotic gun system. […]

Lockheed Martin [LMT] and Google’s [GOOG] Public Sector business said they plan to collaborate on integrating advanced generative artificial intelligence capabilities into a larger AI workspace the aerospace and defense […]