Business/Financial
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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 […]
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SpaceCalvelli Wants to Remedy ‘Lack of Engagement’ With Subcontractors on Space Programs
The U.S. Space Force’s acquisition arm is to gain a ground-level view of programs from subcontractors and suppliers, Frank Calvelli, assistant secretary of the Air Force for space acquisition and […]
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Business/FinancialAnduril Raises $1.5 Billion For Gigafactory To ‘Hyperscale’ Defense Manufacturing
Preparing the road ahead to be able to produce massive quantities of autonomous systems and weapons by leveraging a new software-defined manufacturing platform that relies heavily on commercial suppliers, Anduril […]
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Business/FinancialBWX Technologies Reports Higher Revenue Amid Worst Global Market Days In Two Years
Earnings rose at BWX Technologies [BWXT] in the second quarter, which the company on Monday attributed partly to organic growth in government operations as it prepared to begin work on […]
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Business/FinancialElectric Motor Startup H3X Raises $20 Million With Additional Funding From Lockheed Martin
H3X, an electric propulsion technology startup developing high-power density motors for a range of applications, on Tuesday said it has raised $20 million in an early-stage round, including a follow-up […]
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Missile DefenseBoeing Set To Break Annual PAC-3 Seeker Production Record
HUNTSVILLE, Ala. – Boeing [BA] on Tuesday said it is on track this year to break its annual record for production on the seeker of the Lockheed Martin [LMT] Patriot […]
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Business/FinancialGD Electric Boat COO To Succeed Retiring Graney
General Dynamics [GD] on Thursday announced the president of Electric Boat (EB) is retiring at the end of the year and will be succeeded by the senior vice president and […]
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Business/FinancialFormer Maxar Chief To Lead Ursa Major As Startup Transitions To Industry Player
Ursa Major, one of the upstart developers of rocket motors and engines, surprised the industry on Thursday by appointing former Maxar Technologies CEO Dan Jablonsky as its new top executive, […]
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Business/FinancialHII Reports Strong Second Quarter Led By Mission Technologies Segment
Just like the first quarter, HII [HII] on Thursday posted strong second quarter results driven by gains at its Mission Technologies segment with help from shipbuilding operations. Mission Technologies again […]
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Business/FinancialParsons To Acquire Electronic Warfare, Cybersecurity Firm BlackSignal Technologies
Parsons Corp. [PSN] on Tuesday said it has agreed to acquire BlackSignal Technologies in a $200 million deal that will add to the company’s work with the Defense Department and […]