Business/Financial

L3Harris Technologies [LHX] has completed a preliminary design review (PDR) for Tranche 3 of the Space Development Agency’s (SDA) future Tracking Layer against ballistic and hypersonic missiles, the company said […]

Locus Lock, a small company that develops and supplies low-cost, software-defined global navigation system receivers for use in contested battlespace, on Thursday announced a strategic funding round to help launch […]

As the U.S. Air Force considers whether Increment 2 of its Collaborative Combat Aircraft (CCA) program will feature more attritable or more advanced drones, or a mix of those, Lockheed […]

Britain’s OpenWorks Engineering, which specializes on counter-drone, air defense and surveillance technologies, has opened a U.S. headquarters in Northern Virginia and plans to open a manufacturing facility in Detroit this […]

Hanwha Defense USA (HDUSA) on Monday cut the ribbon on its new administration headquarters at the U.S. Army Pine Bluff Arsenal, where it plans a new munitions manufacturing campus. Hanwha […]

Vantor has selected EnduroSat and CACI to provide the satellite bus and payloads for its upcoming Pulse fleet, the company’s move into the smallsat imaging market. Bulgaria-based EnduroSat will build buses for the 24 satellites […]

The Defense Department on Monday said it has taken a $450 million equity stake in The Elmet Group [ELMT] that the Maine-based company will use to support a more vertically […]

Hermeus on Wednesday introduced Ramjet-X, an expendable ramjet-powered vehicle that will launch from its reusable Quarterhorse unmanned supersonic aircraft to offer low-cost, high-Mach flight testing-as-service. The Ramjet-X’s ramjet engine is […]

Defense startup Covenant is opening a facility in Dallas on Wednesday to start building thousands of its new Anthem low-cost, long-range missiles, with deliveries to begin later this year to […]

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]