Business/Financial

ARKA Group last Friday said it has acquired the Radar and Sensor Technology (RST) business from Maxar Intelligence, providing it with experts that support classified government sensor programs. Terms of […]

A top Palantir [PLTR] executive last week offered a sweeping set of recommendations—he calls them theses—for transforming the way the Defense Departments buys weapons and systems, and how U.S. industry […]

Airbus is evaluating potential consolidation for its Space segment in Europe, CEO Guillaume Faury told investors on Oct. 30. The Space segment at Airbus has been challenged this year with charges […]

CACI International [CACI] on Wednesday said it completed its $1.3 billion acquisition of Azure Summit Technology, adding capabilities in radio frequency technology and engineering. Azure, which has more than 300 […]

HII’s [HII] strong momentum in 2024 came to a screeching halt in the third quarter due to several challenges in its shipbuilding operations, notably delays in an award from the […]

The National Reconnaissance Office (NRO) said on Wednesday that its Office of Space Launch (OSL) has awarded Broad Agency Announcements for Agile Launch Innovation and Strategic Technology Advancement (BALISTA) contracts […]

U.S. Space Force’s Space Systems Command (SSC) on Wednesday released a new solicitation for Phase 3, Lane 1 of the National Security Space Launch (NSSL) program, and SSC said that […]

Lockheed Martin [LMT] on Wednesday completed its acquisition of smallsat manufacturer Terran Orbital, acquiring the former SPAC as its largest customer. Terran Orbital and subsidiary Tyvak International are now part of […]

While defense industry entrants are bringing welcome competition to Pentagon modernization efforts, the heritage defense giants are also working with some of the new firms on microelectronics advancements, Deputy Defense […]

Benefiting from its sensing, radar, and force protection work, Leonardo DRS [DRS] on Wednesday posted strong third quarter sales and earnings, continuing its robust momentum this year. Net income jumped […]