Business/Financial
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Advanced / Transformational TechnologyKratos’ Chief Suggests DoD Experiment With $5 Billion Annually To Buy Innovative Technologies Off-The-Shelf
The Defense Department should spend $5 billion annually over a three-year period to buy production-ready systems that almost, but do not quite currently, meet requirements to help innovative technology companies […]
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Business/FinancialLMI Acquires Federal Consulting Firm JJR Solutions
LMI on Wednesday said it has acquired JJR Solutions, a small business management consultancy serving federal clients, including Defense Department and the Department of Veterans Affairs. Terms of the deal […]
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Business/FinancialJ.F. Lehman Acquires Mission Microwave
The private equity firm J.F. Lehman & Company on Thursday said it has acquired Mission Microwave Technologies, a provider of solid-state electronics used in space-based, ground-based, maritime, and airborne applications […]
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Business/FinancialSEC Requires Public Companies To Disclose Certain Greenhouse Gas Emissions
The Securities and Exchange Commission (SEC) on Wednesday adopted final rules directing public companies to disclose certain greenhouse gas (GHG) emissions that are directly and indirectly related to their businesses, […]
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Business/FinancialLoitering Munitions Business Helps Propel AeroVironment To Record Third Quarter
AeroVironment [AVAV] on Monday reported record third quarter sales driven by its loitering munitions and unmanned systems products and the company is expecting more of the same in its next […]
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Business/FinancialTerran Mulls Lockheed Offer; Adopts Poison Pill Defense To Keep Options Open
Terran Orbital [LLAP] on Monday said its board is reviewing a non-binding offer from Lockheed Martin [LMT] to acquire the satellite company and adopted a shareholder rights plan that gives […]
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Business/FinancialLockheed Martin Makes Bid For Terran Orbital Valued at $606 Million
Lockheed Martin [LMT] on Friday after the close of the stock markets quietly disclosed that it had offered to acquire Terran Orbital [LLAP] for an enterprise value of $606 million, […]
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Business/FinancialBigBear.ai Closes $70 Million Acquisition Of Pangiam, Adding To Computer Vision Expertise
BigBear.ai [BBAI] last Friday said it has completed its $70 million all-stock purchase of Pangiam, combining the two companies’ capabilities and expertise in artificial intelligence-based computer vision. The deal was […]
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Business/FinancialBlackSky’s 45% Revenue Growth in 2023 Fueled by International Customer Gains
BlackSky Technology closed out the 2023 fiscal year with record high revenues, new international customers, and a growing demand for the future. The company reported 2023 financials on Wednesday. BlackSky’s total […]
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Business/FinancialRocket Lab Grows Revenue 16% in 2023, Debuts Spacecraft Bus Lineup
Rocket Lab grew revenue 16% in 2023 year-over-year, and the company announced its fourth quarter financials on Feb. 27, along with an official lineup of its family of spacecraft buses. Rocket […]