Business/Financial
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CyberDoD Proposes Cybersecurity Compliance Rule For Contractors
The Defense Department on Thursday published proposed changes to federal acquisition regulations that would phase in three years contractor compliance with certain cybersecurity measures. The proposal would implement the Cybersecurity […]
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Business/FinancialLockheed Martin Agrees To Acquire Terran Orbital For Less Than Original Proposal
Lockheed Martin [LMT] on Thursday said it has agreed to acquire satellite manufacturer Terran Orbital [LLAP] in a $450 million deal based on enterprise value, a bargain versus the $606 […]
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Business/FinancialRedwire To Acquire Hera Systems, Adding To Spacecraft Portfolio
Redwire Corp. [RDW] on Wednesday evening said it has agreed to acquire Hera Systems in a deal that will add additional spacecraft options to its portfolio, including satellites for geostationary […]
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Business/FinancialRheinmetall To Acquire Military Vehicle Supplier Loc Performance, Adding U.S. Production Capacity
Germany defense contractor Rheinmetall on Tuesday said it has agreed to acquire Michigan-based Loc Performance Products, a supplier of components and technologies used on military vehicles, a deal that will […]
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InternationalPoland Signs Deal For 96 AH-64E Apache Combat Helicopters
Boeing [BA] on Tuesday said that Poland has signed a foreign military sales (FMS) agreement to acquire 96 of the company’s AH-64E Apache attack and reconnaissance helicopters, a deal that […]
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Business/FinancialGD To Build Solid Rocket Motors For Lockheed Martin In Boost To Industrial Base
General Dynamics [GD] will develop and produce solid rocket motors (SRMs) for Lockheed Martin’s [LMT] precision munitions under a new teaming agreement that will see GD enter the fray as […]
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Business/FinancialPalantir Warp Speed Operating System Aimed at Boosting Production, Including for Defense
Palantir Technologies‘ [PLTR] executives said this week that the company is launching Warp Speed–a new product in the company’s Artificial Intelligence Platform (AIP) line–to boost companies’ production, including in the […]
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Business/FinancialBlackSky Grows Revenue Nearly 30% YoY in the Second Quarter
BlackSky Technology grew revenue by 29% year-over-year in the second quarter of 2024 as the satellite imagery company executed on multiple international contracts. The company reported its Q2 financial results on […]
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Business/FinancialMDA Space Raises 2024 Guidance After Strong First Half
MDA Space saw a double-digit revenue increase in the second quarter of 2024 with growth in the company’s robotics and satellite businesses. The company reported its financials on Thursday, raising revenue […]
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Advanced / Transformational TechnologyDoD Loan Office Plans On First Funding Availability Notice This Year
A relatively new Defense Department office charged with developing a loan program to aid companies developing key technologies that are part of the supply chain but are frequently starved of […]