Business/Financial
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Business/FinancialLockheed Martin Invests In Space Engine Company Agile Space Industries
Agile Space Industries last Friday said it has completed a $13 million investment round that included Lockheed Martin Ventures to help the small space engine company with its expansion plans. […]
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Business/FinancialAnduril Enters Rocket Motor Business With Acquisition Of Adranos
Anduril Industries on Sunday said it has acquired Adranos Inc. in a deal that puts Anduril in the solid rocket motor business and gives Adranos the backing to further advance […]
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Business/FinancialHASC Would Block Biden Proposal Requiring Defense Contractors To Report Greenhouse Gas Emissions
A Biden administration proposal that would require defense contractors to disclose their greenhouse gas emissions (GHG) and plans to reduce those emissions was rejected by the House Armed Services Committee […]
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Advanced / Transformational TechnologyShield AI Integrating Artificial Intelligence Pilot Into Kratos’ Valkyrie Stealth Drone
Artificial intelligence (AI) technology company Shield AI on Thursday said has teamed with Kratos Defense & Security Solutions [KTOS] to integrate its autonomous piloting technology into the defense company’s XQ-58 […]
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Advanced / Transformational TechnologyAnduril Partners With Advanced Manufacturer Hadrian To Speed Production
Anduril Industries on Thursday said it entered a strategic partnership with precision components manufacturer Hadrian to provide key components and parts for the company’s autonomous systems at dramatically reduced lead […]
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Business/FinancialAirbus Ventures Invests In U.S. Hypersonic Rocket Company Venus Aerospace
Venus Aerospace on Wednesday said that Airbus Ventures has joined the company’s team of investors, providing additional fuel to move its new rocket engine from the lab to the prototype […]
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PentagonDoD Releases Recommendation From FMS Tiger Team Review
Defense Secretary Austin has approved the recommendations of Defense Department review into accelerating and improving the department’s role in foreign military sales (FMS), with some of the taskings calling for […]
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Advanced / Transformational TechnologyLockheed Martin, Global Foundries Team On Semiconductor Manufacturing
Lockheed Martin [LMT] and semiconductor manufacturer GlobalFoundries [GFS] on Monday said they are strategically collaborating to strengthen the U.S. industrial base for computer chips and bolster the defense contractor’s ability […]
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Unmanned SystemsU.S. Outlines Iranian UAV Threat, Highlights Industry Role In Tech Transfer
The U.S. government last Friday issued a public advisory outlining the international threat from Iranian unmanned aerial vehicles (UAVs), in particular Iran’s provision of armed drones to Russia in that […]
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Business/FinancialTrade Groups Make Recommendations To State Department To Modernize FMS System
Following recommendations last fall to the Department of Defense to modernize how the U.S. conducts its foreign military sales (FMS) program, a trio of defense trade associations on Thursday released […]