Business/Financial
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Business/FinancialPalantir Hires Former Rep. Mike Gallagher For Defense Business
Palantir Technologies [PLTR] on Thursday said it has hired former Wisconsin Congressman Mike Gallagher (R) to “help lead” the company’s defense business. The software company posted on LinkedIn that “Gallagher’s […]
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Business/FinancialLogistics Analysis Firm DEFCON AI Raises $44 Million In Seed Funding
DEFCON AI on Tuesday said it has raised $44 million in seed funding to expand its team, bolster research and development, and extend its solutions for building resiliency into military […]
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Business/FinancialHanwha Defense USA Names Former Lockheed Martin, HII Official As New Chief
Hanwha Defense USA on Monday announced the departure of CEO John Kelly, who is being succeeded by Michael Smith, a former executive with Lockheed Martin [LMT], HII [HII], and BAE […]
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CyberDoD Proposes Cybersecurity Compliance Rule For Contractors
The Defense Department on Thursday published proposed changes to federal acquisition regulations that would phase in three years contractor compliance with certain cybersecurity measures. The proposal would implement the Cybersecurity […]
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Business/FinancialLockheed Martin Agrees To Acquire Terran Orbital For Less Than Original Proposal
Lockheed Martin [LMT] on Thursday said it has agreed to acquire satellite manufacturer Terran Orbital [LLAP] in a $450 million deal based on enterprise value, a bargain versus the $606 […]
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Business/FinancialRedwire To Acquire Hera Systems, Adding To Spacecraft Portfolio
Redwire Corp. [RDW] on Wednesday evening said it has agreed to acquire Hera Systems in a deal that will add additional spacecraft options to its portfolio, including satellites for geostationary […]
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Business/FinancialRheinmetall To Acquire Military Vehicle Supplier Loc Performance, Adding U.S. Production Capacity
Germany defense contractor Rheinmetall on Tuesday said it has agreed to acquire Michigan-based Loc Performance Products, a supplier of components and technologies used on military vehicles, a deal that will […]
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InternationalPoland Signs Deal For 96 AH-64E Apache Combat Helicopters
Boeing [BA] on Tuesday said that Poland has signed a foreign military sales (FMS) agreement to acquire 96 of the company’s AH-64E Apache attack and reconnaissance helicopters, a deal that […]
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Business/FinancialGD To Build Solid Rocket Motors For Lockheed Martin In Boost To Industrial Base
General Dynamics [GD] will develop and produce solid rocket motors (SRMs) for Lockheed Martin’s [LMT] precision munitions under a new teaming agreement that will see GD enter the fray as […]
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Business/FinancialPalantir Warp Speed Operating System Aimed at Boosting Production, Including for Defense
Palantir Technologies‘ [PLTR] executives said this week that the company is launching Warp Speed–a new product in the company’s Artificial Intelligence Platform (AIP) line–to boost companies’ production, including in the […]
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