Business/Financial
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Business/FinancialDoD Strategic Capital Office Wants Feedback From Lenders, Companies On Loan Program
The Defense Department’s new Office of Strategic Capital (OSC) on Wednesday issued two Requests for Information (RFI) to financial institutions and companies seeking feedback related to a loan program being […]
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Business/FinancialBusiness Jets, Defense Power Strong Second Quarter For General Dynamics
Buoyed by the start of deliveries of its newest business jet combined with robust defense demand, General Dynamics [GD] on Wednesday reported strong sales and earnings in its second quarter. […]
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WeaponsMako Missile Offered by Lockheed Martin For Close and Standoff Missions
In development since 2017, Lockheed Martin‘s [LMT] Mako missile did not enter Phase 2 in the U.S. Air Force Stand-in Attack Weapon (SiAW) competition last year, but the company is […]
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Business/FinancialLockheed Martin Posts Strong Sales In Second Quarter As Net Income Dips Slightly
Lockheed Martin [LMT] on Tuesday reported strong sales growth in its second quarter driven by its mission systems, missiles, and aircraft businesses, although net income fell slightly on non-operating costs. […]
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InternationalBoeing and Ukraine’s Antonov Sign MOU, Possible Cooperation to Include Support for ScanEagle
Boeing [BA] and Ukraine’s Antonov Company signed a Memorandum of Understanding at England’s Farnborough International Air Show to cooperate on defense projects, such as the Boeing ScanEagle drone, Boeing said […]
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Unmanned SystemsGE Aerospace, Kratos Developing Low-Cost Engines With Plans For Production To Meet CCA, UAS Needs
GE Aerospace [GE] and Kratos Defense & Security Solutions [KTOS] on Monday said they have been jointly developing small affordable engines to power unmanned aircraft systems (UAS), unmanned collaborative combat […]
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Business/FinancialCulture Within DoD Remains Biggest Obstacle To Success For Startups, DIU Chief Says
The way more non-traditional defense companies will grow their business with the Defense Department is for more of them to be successful in doing so, which will provide more courage […]
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Advanced / Transformational TechnologyBiden Administration Investing In New Facility To Produce Wafers Used In Defense Applications
The Biden Administration on Wednesday said it has reached preliminary terms to provide $400 million to two U.S.-based subsidiaries of Taiwan’s GlobalWafers Co. as part of efforts to onshore semiconductor […]
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Business/FinancialKBR To Acquire LinQuest, Bolstering National Security Engineering And Technology Capabilities
KBR [KBR] on Tuesday said it has agreed to acquire LinQuest Corp. in a $737 million cash deal that will add digital integration capabilities and expand its work in the […]
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Business/FinancialCesiumAstro, Second Front Systems, and X-Bow Record Top Jumps in Startup Rankings
CesiumAstro Space & Defense Systems, Second Front Systems, and X-Bow Systems had the highest yearly jumps in the Silicon Valley Defense Group’s (SVDG) rankings of the top 100 venture capital-backed […]