Business/Financial
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Business/FinancialLeidos Posts Strong Fourth Quarter On Broad Gains
Leidos [LDOS] on Tuesday reported strong fourth quarter earnings and sales as the bottom-line benefitted from gains across its operating segments. Net income increased 28 percent to $230 million, $1.66 […]
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Business/FinancialBlueHalo To Acquire Defense Technology Company Eqlipse Technologies
BlueHalo on Tuesday said it will acquire Eqlipse Technologies in a deal that will add talent, technologies, and scale. Terms of the pending deal, which is expected to close during […]
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Business/FinancialMaxar Intelligence Names Former Google, Apple Exec Arvind Srinivasan as New CTO
Maxar Intelligence has named former Google [GOOG] and Apple [AAPL] executive Arvind Srinivasan as the company’s new chief technology officer. At Google, Srinivasan oversaw the commercialization of the Google Maps Engine cloud platform, […]
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Business/FinancialAnduril Launches Iris Airborne Sensor Family For Autonomous Target Detection And Tracking
Anduril Industries on Thursday said it has launched a new family of passive airborne imaging and targeting sensors it calls Iris that can detect, track, and discriminate targets in all […]
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Business/FinancialDoD Extends Contract With ACMI To Strengthen Industrial Base For Chemicals
ACMI Federal on Thursday it has received a $15 million contract extension from the Defense Department to expand a pilot program designed to strengthen the defense industrial base for chemicals. […]
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Advanced / Transformational TechnologyAI Image Processing Startup Synthetaic Gets $15 Million In New Investments
Synthetaic, which has developed a field-proven artificial intelligence tool that rapidly searches for images in datasets without labeling, on Tuesday said it has raised $15 million in a new funding […]
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Business/FinancialTerran Orbital Works Out Differences With Concerned Shareholders
Terran Orbital [LLAP] on Monday said it has reached agreement with a group of investors that had been seeking management and other changes, including the replacement of current CEO Marc […]
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Business/FinancialBAE Systems Acquires Developer Of Heavy Lift Heavy Lift Unmanned Quadcopters
Britain’s BAE Systems last Friday said it has acquired Malloy Aeronautics, a developer and manufacturer of a family of heavy lift drones for commercial and military logistics applications. Terms of […]
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Business/FinancialHouse Approves Tax Bill That Temporarily Restores R&D Tax Credit
The House on Wednesday approved a bipartisan tax relief bill that includes a provision restoring the research and development (R&D) tax credit that defense contractors say provides them with an […]
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Business/FinancialLockheed Martin Ventures Invests In Weather Technology Company Meteomatics
Meteomatics, a Switzerland-based company focused on technologies to improve weather forecasting and modeling, has received a strategic investment from the venture investment unit of Lockheed Martin [LMT] to scale the […]