Business/Financial

Satellite developer and manufacturer Terran Orbital [LLAP] said it received a long-awaited payment from Rivada Space Networks and expects additional milestone payments from the company this year. Terran also said […]

Shield AI last Friday said it has raised an additional $300 million in venture capital that will be used to accelerate the deployment of its artificial intelligence pilot software on […]

Exiger on Wednesday said the company has agreed to receive a majority investment from the private equity firm Carlyle [GG] and Insight Partners, which invests in software and high-technology companies, […]

Commercial remote sensing satellite and data provider HawkEye 360 on Monday said it acquired the RF Solutions business from Maxar Intelligence, a deal that adds two existing radio frequency satellites […]

RTX [RTX] on Thursday said that Chris Calio, president and chief operating officer (COO), will become CEO of the aerospace defense giant on May 2, 2024, succeeding Greg Hayes, who […]

Defense contractors will not have to disclose their greenhouse gas (GHG) emissions as a condition of receiving a contract, at least for a year, congressional authorizers say in their annual […]

Boeing [BA] on Thursday said that Chris Raymond has been named president and CEO of the company’s $18 billion Global Services segment, succeeding Stephanie Pope, who was previously announced as […]

L3Harris Technologies [LHX] over the next three years projects to go from a $19 billion-plus company this year to $23 billion in sales in 2026 while also increasing operating margins […]

GM Defense [GM] and British firm Jankel have established a new memorandum of understanding to pursue mobility program opportunities in the U.S., U.K. and Europe, the companies said Tuesday. The […]

Science Applications International Corp. [SAIC] on Monday said it is forming five new business groups in place of its current operating structure of two business sectors, whose leaders will be […]