Business/Financial
-
Business/Financial
BlackSky Grows Revenue Nearly 30% YoY in the Second Quarter
BlackSky Technology grew revenue by 29% year-over-year in the second quarter of 2024 as the satellite imagery company executed on multiple international contracts. The company reported its Q2 financial results on […]
-
Business/Financial
MDA Space Raises 2024 Guidance After Strong First Half
MDA Space saw a double-digit revenue increase in the second quarter of 2024 with growth in the company’s robotics and satellite businesses. The company reported its financials on Thursday, raising revenue […]
-
Advanced / Transformational Technology
DoD Loan Office Plans On First Funding Availability Notice This Year
A relatively new Defense Department office charged with developing a loan program to aid companies developing key technologies that are part of the supply chain but are frequently starved of […]
-
Space
Calvelli Wants to Remedy ‘Lack of Engagement’ With Subcontractors on Space Programs
The U.S. Space Force’s acquisition arm is to gain a ground-level view of programs from subcontractors and suppliers, Frank Calvelli, assistant secretary of the Air Force for space acquisition and […]
Tagged in: -
Business/Financial
Anduril Raises $1.5 Billion For Gigafactory To ‘Hyperscale’ Defense Manufacturing
Preparing the road ahead to be able to produce massive quantities of autonomous systems and weapons by leveraging a new software-defined manufacturing platform that relies heavily on commercial suppliers, Anduril […]
Tagged in: -
Business/Financial
BWX Technologies Reports Higher Revenue Amid Worst Global Market Days In Two Years
Earnings rose at BWX Technologies [BWXT] in the second quarter, which the company on Monday attributed partly to organic growth in government operations as it prepared to begin work on […]
-
Business/Financial
Electric Motor Startup H3X Raises $20 Million With Additional Funding From Lockheed Martin
H3X, an electric propulsion technology startup developing high-power density motors for a range of applications, on Tuesday said it has raised $20 million in an early-stage round, including a follow-up […]
Tagged in: -
Missile Defense
Boeing Set To Break Annual PAC-3 Seeker Production Record
HUNTSVILLE, Ala. – Boeing [BA] on Tuesday said it is on track this year to break its annual record for production on the seeker of the Lockheed Martin [LMT] Patriot […]
Tagged in: -
Business/Financial
GD Electric Boat COO To Succeed Retiring Graney
General Dynamics [GD] on Thursday announced the president of Electric Boat (EB) is retiring at the end of the year and will be succeeded by the senior vice president and […]
Tagged in: -
Business/Financial
Former Maxar Chief To Lead Ursa Major As Startup Transitions To Industry Player
Ursa Major, one of the upstart developers of rocket motors and engines, surprised the industry on Thursday by appointing former Maxar Technologies CEO Dan Jablonsky as its new top executive, […]