Business/Financial
-
Advanced / Transformational TechnologyAs DAF Considers Future Communications Architecture, SDA Stays Focused On Supplier Diversity
As the Department of the Air Force (DAF) considers a future sensor-to-shooter communications architecture that may reserve a key spot for SpaceX, the Space Development Agency (SDA) intends to stick […]
-
Business/FinancialBloomberg, CNBC Report SpaceX Submitted Confidential Filing For IPO
Bloomberg and CNBC reported Wednesday that SpaceX has confidentially filed for its initial public offering (IPO). A confidential filing allows a company to submit draft IPO registration to the Securities and Exchange Commission (SEC) […]
-
Business/FinancialGodspeed Capital Acquires Airborne Networking Company GALT Aerospace
The private equity firm Godspeed Capital Management on Wednesday said it has acquired airborne networking and multi-domain command, control and communications technology company GALT Aerospace, making it the fifth defense […]
-
Unmanned SystemsRed Cat Adds Swarming Autonomy Developer Apium To Portfolio
Red Cat Holdings [RCAT] on Monday said it has acquired Apium Swarm Robotics in a deal that adds a distributed swarming autonomy capability for unmanned aircraft systems (UAS) and unmanned […]
-
Air ForceMore Than $1 Billion Capacity Investment Will Help Boost F135 Production, Pratt & Whitney Says
RTX‘s [RTX] Pratt & Whitney said that it has spent more than $1 billion in the last five years to boost engine production–an investment that may come in handy, as […]
-
Business/FinancialRocket Lab Gets German Approval To Acquire Mynaric
Rocket Lab [RKLB] on Monday said it has received regulatory approval to complete its acquisition of Germany-based laser optical communications terminal (OCTs) supplier Mynaric AG, clearing the way for the […]
-
Business/FinancialAutonomous Vessel Developer Saronic Raises $1.8 Billion To Accelerate Production, Add Capacity
Leveraging demand for unmanned systems, Saronic Technologies on Tuesday said it has raised $1.75 billion in a new funding round that the company will use to accelerate production and deliveries […]
-
Navy/USMCHundreds of Bath Iron Works Ship Designers Go On Strike
A union of ship designers at shipbuilder General Dynamics [GD] Bath Iron Works (BIW) went on strike Monday after members rejected the company’s new four-year contract proposal last weekend. The […]
Tagged in: -
Business/FinancialLockheed Martin, Workers Building F-35, Begin Contract Negotiations
The union representing about 5,000 Lockheed Martin [LMT] employees that work on the F-35 fighter opened contract negotiations on Thursday with the company. International Association of Machinists and Aerospace Workers […]
-
Business/FinancialShield AI Raises $2 Billion; Acquiring Software Simulation Company Aechelon To Strengthen AI Pilot
Shield AI on Thursday said it has raised $2 billion in new funding, including a $1.5 billion Series G round to buy defense software firm Aechelon and continue development of […]