Business/Financial
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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 […]
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Business/FinancialLaunch Vehicle Company Firefly Aerospace Acquires Space Services Firm Spaceflight
Firefly Aerospace, which is developing space launch vehicles, on Thursday said it has acquired Spaceflight Inc., a space services company that offers rideshares for satellites on different launch vehicles and […]
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Business/FinancialOnboard Data Visibility Firm Shift5 Raises $33 Million In New Funding; Booz Allen Joins In
Shift5, a small company with a software platform that gives users visibility into the data on their operational technology such as weapon systems, tanks and aircraft, and other military and […]
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Business/FinancialPwC Expects Huge Gains Ahead For Global Defense Industry
Increasing defense spending worldwide will drive “tremendous growth” in the global defense industry over the next decade, says a report by the international professional services firm PricewaterhouseCoopers (PwC). Sales at […]
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Business/FinancialKKR To Acquire CIRCOR International For $1.6 Billion
The investment firm KKR Corp. [KKR] on Monday said it has agreed to acquire flow control products supplier CIRCOR International [CIR] for $1.6 billion in cash. The acquisition has been […]
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Business/FinancialSAIC Posts Strong Earnings In First Quarter
Science Applications International Corp. [SAIC] on Monday reported strong earnings in its first quarter of fiscal year 2024 driven by lower indirect, acquisition and integration costs, and a gain from […]
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Business/FinancialSafran Confirms Bid To Acquire Raytheon Technologies’ Actuation Business
France’s Safran Group on Monday confirmed a media report that it is in discussions to acquire a business of Raytheon Technologies [RTX] that supplies flight control and other actuators for […]
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Business/Financial3D Printing Company Fortify Receives Investment From Lockheed And Raytheon
The additive manufacturing company Fortify on Thursday said it has secured $12.5 million in funding from investors, including a second round from Lockheed Martin [LMT] and an investment from Raytheon […]
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Business/FinancialAnduril Partners With Japanese Companies To Expand Further In Asia-Pacific Region
Anduril Industries on Tuesday evening said it is partnering with three Japanese companies to aid its push into that country’s defense market. Anduril signed memorandums of understanding with Sumitomo Aero-Systems […]
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Business/FinancialNGA Selects Five Companies To Compete For $947 Million In Support Work
The National Geospatial-Intelligence Agency (NGA) last Friday selected five small companies to compete for enterprise management support work under a potential $947 million contract. Credence Dynamo Solutions, Compass Inc., Exacta […]