Ted Colbert, the head of Boeing‘s [BA] Boeing Defense, Space & Security (BDS) segment for more than two years, is leaving the company amid significant profitability worries, competition from startup […] ...
Business/Financial
NATIONAL HARBOR, Md.—L3Harris Technologies [LHX] has leveraged startup firms’ technology advances due to a Shield Capital-L3Harris partnership announced in March, 2022, L3Harris CEO Chris Kubasik told reporters at the Air […] ...
NATIONAL HARBOR, Md.—Merlin, small company developing autonomous capabilities for military aviation, this week said it has launched a new business unit that expands its focus beyond the routine functions of […] ...
Fairbanks Morse Defense (FMD) on Thursday said it has agreed to acquire Rolls-Royce ’s naval business that supplies propellers, waterjets, and mission bay handling systems in a deal that expands […] ...
Anduril Industries is working with prime contractor Microsoft [MSFT] to integrate the startup’s Lattice software into Microsoft’s augmented reality headset being developed for the Army to warn soldiers of autonomously-detected […] ...
General Dynamics’ Electric Boat [GD] awarded Austal USA a $450 million contract to increase its infrastructure to design, construct and outfit new submarine modules for the U.S. submarine’s prime contractor, […] ...