Business/Financial

Australia’s Advanced Navigation on Monday said it is expanding in the U.S. and plans to begin producing inertial navigation systems in Alabama beginning in 2027 to better serve its customers […]

Autonomous drone company Powerus on Thursday is set to complete its merger with Aureus Greenway Holdings [PUSA] and begin operating as a public company trading on the Nasdaq under the […]

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]

Fortem Technologies on Wednesday said it closed its $50 million Series B funding round that was led by Lockheed Martin [LMT] to accelerate manufacturing meet growing demand for its counter-drone […]

Ahead of the planned Wednesday groundbreaking on Saronic Technologies’ new Port Alpha shipyard in Brownsville, Texas, company officials said it will start off with a solid backlog that is pushing […]

Avio USA on Tuesday broke ground on the initial phase of a planned 860,000 square foot solid rocket motor complex in Southern Virginia that is expected to begin production in […]

Anduril Industries and Voyager Technologies [VOYG] on Tuesday said they have formalized an existing partnership with a focus on speeding development, testing, qualification and production of components and systems as […]

Steel company Hertha Metals on Tuesday said it raised $134 million in an investment round that includes a $65 million equity stake by the Defense Department, funding that will be […]

L3Harris Technologies [LHX] has completed a preliminary design review (PDR) for Tranche 3 of the Space Development Agency’s (SDA) future Tracking Layer against ballistic and hypersonic missiles, the company said […]

Locus Lock, a small company that develops and supplies low-cost, software-defined global navigation system receivers for use in contested battlespace, on Thursday announced a strategic funding round to help launch […]