Business/Financial
-
PentagonACMI To Establish Munitions Campus In Indiana
The American Center for Manufacturing & Innovation (ACMI) last week said it will establish a campus in Indiana devoted to technologies for munitions as part of a Defense Department program […]
-
Advanced / Transformational TechnologyGlobalFoundries Would Expand Chip Manufacturing For Defense, Other Industries With $1.5 Billion Federal Investment
The Biden administration on Monday announced a potential $1.5 billion direct investment with semiconductor manufacturer GlobalFoundries [GFS] to expand computer chip production capacity in the U.S. in support of industries […]
Tagged in: -
Business/FinancialLiDAR Satellite Startup NUVIEW Acquires Astraea To Strengthen Imagery-Based Analytics
NUVIEW, a startup developing commercial LiDAR satellites for global 3D mapping, has acquired Astraea, which provides a software-as-a-service platform to provide analytics insights from satellite, aerial, and drone imagery. Terms […]
Tagged in: -
Business/FinancialFluor Posts Fourth Quarter Loss
Earnings fell at Fluor [FLR] in the fourth quarter, which the engineering and construction company, active in the Department of Energy nuclear weapons complex, attributed Tuesday to a legal settlement […]
Tagged in: -
InternationalSouth Korea Renews PBL Contract with Pratt & Whitney for F-15, F-16 Engine Sustainment
South Korea’s Defense Acquisition Program Administration has awarded RTX‘s [RTX] Pratt & Whitney a $355 million performance-based logistics (PBL) contract to sustain the F100 engine for the country’s F-16 and […]
Tagged in: -
Business/FinancialBAE Set To Close Ball Aerospace Acquisition After Receipt Of Regulatory Approvals
BAE Systems in the coming days will close its $5.6 billion acquisition of Ball Aerospace after receiving all required regulatory approvals, the company said on Wednesday morning. Ball Aerospace will […]
-
Business/FinancialLeidos Posts Strong Fourth Quarter On Broad Gains
Leidos [LDOS] on Tuesday reported strong fourth quarter earnings and sales as the bottom-line benefitted from gains across its operating segments. Net income increased 28 percent to $230 million, $1.66 […]
Tagged in: -
Business/FinancialBlueHalo To Acquire Defense Technology Company Eqlipse Technologies
BlueHalo on Tuesday said it will acquire Eqlipse Technologies in a deal that will add talent, technologies, and scale. Terms of the pending deal, which is expected to close during […]
-
Business/FinancialMaxar Intelligence Names Former Google, Apple Exec Arvind Srinivasan as New CTO
Maxar Intelligence has named former Google [GOOG] and Apple [AAPL] executive Arvind Srinivasan as the company’s new chief technology officer. At Google, Srinivasan oversaw the commercialization of the Google Maps Engine cloud platform, […]
Tagged in: -
Business/FinancialAnduril Launches Iris Airborne Sensor Family For Autonomous Target Detection And Tracking
Anduril Industries on Thursday said it has launched a new family of passive airborne imaging and targeting sensors it calls Iris that can detect, track, and discriminate targets in all […]