Business/Financial

TransDigm Group Inc. [TDG] on Monday said it has agreed to acquire the Simmonds Precision Products business from RTX [RTX] for $765 million, a deal that is in line with […]

When the office of the DoD comptroller released its fiscal 2026 budget documents on June 27, there was a reference to the U.S. Space Force providing $277 million for the […]

Lux Aeterna on Wednesday emerged from stealth and announced a $4 million pre-seed funding round that will go toward a demonstration mission in 2027 for launching a satellite that will […]

AeroVironment [AVAV] on Tuesday evening reported strong fourth quarter results driven by record revenue and a handsome bottom-line. Sales in the quarter grew 40 percent to a record $275.1 million […]

Anduril Industries last Friday said it has been selected by Saab, Inc. to design, develop, qualify, and produce solid rocket motors for the Ground-Launched Small Diameter Bomb (GLSDB). Saab Inc. […]

Northrop Grumman [NOC] last week unveiled Beacon, what it calls a “testbed ecosystem” that brings together its flight hardware with autonomy software solutions from other vendors to evaluate and quickly […]

Anduril Industries is offering its Barracuda and Fury air vehicles to Europe through a partnership with Germany’s Rheinmetall, which will provide its digital platform that will integrate the autonomous air […]

Anduril Industries and the non-profit research and development company Riverside Research are collaborating to apply tools developed by the Defense Advanced Research Projects Agency (DARPA) to close any cybersecurity gaps […]

Data engineering and software development company Raft on Tuesday said it has acquired N3bula Systems, adding expertise in systems architecture, infrastructure management, and cloud solutions to provide the Defense Department […]

Mach Industries on Tuesday said it has closed a $100 million Series B round that will be used to scale production of its strike and other platforms, and small turbine […]