Business/Financial

General Dynamics [GD] Electric Boat has filed a lawsuit in  Florida federal court against a retired welder and his wife–Mickey and Joanne Skobic–who worked at a Jacksonville company, Nuflo, Inc., […]

Booz Allen Hamilton [BAH] on Monday said it has acquired PAR Government Systems Corporation (PGSC) in a deal that will provide more defense technology solutions to the tactical edge. PGSC […]

Anduril Industries on Monday said it is investing more than $75 million in its Mississippi-based solid rocket motor (SRM) facility to dramatically expand production to meet increasing demand for the […]

TransDigm Group Inc. [TDG] last week said it has completed its $1.4 billion cash acquisition of Communications & Power Industries’ (CPI) Electron Device business, which manufactures electronic components and subsystems […]

Northrop Grumman [NOC] last Friday said it has signed a 15-year agreement with Norwegian chemical company Chemring Nobel AS for high-energy, explosive powder used in warhead production, locking in long-term […]

On Sept 18 last year, Rep Jay Obernolte (R-Calif.) posted on X that he and Rep. Ken Calvert (R-Calif.), the chairman of the House Appropriations Committee’s defense panel, had recently […]

ExoAnalytic Solutions on Thursday said it has agreed to acquire United Kingdom-based startup 3S Northumbria in a deal that will enhance the company’s commercial space situational awareness capabilities. Terms of […]

Joby Aviation [JOBY], which is developing an electric vertical take-off and landing (eVTOL) aircraft as an air taxi service, on Tuesday said it has acquired the autonomy division of Xwing, […]

Kanders & Company on Monday said it has completed its $200 million acquisition three business units of L3Harris Technologies [LHX] used in the development and manufacture of antennas and test […]

While companies like RTX [RTX], Lockheed Martin [LMT], General Dynamics [GD] and Boeing [BA] remain top DoD weapon heavyweights, the Pentagon is taking a step to move beyond the traditional […]