Business/Financial

RTX [RTX] is integrating Shield AI’s Hivemind autonomy pilot software into an operational weapon that will allow it to autonomously coordinate and collaborate with other systems equipped with the same […]

Jay Malave, who abruptly left Lockheed Martin [LMT] in April as their chief financial officer (CFO), will join Boeing [BA] in the same role in August. Malave on Aug. 15 […]

U.S. Navy shipbuilder HII [HII] and enterprise AI application software company C3.ai, Inc. [AI] announced the expansion of their partnership aimed at accelerating shipbuilding throughput. In a Monday announcement, the […]

TransDigm Group Inc. [TDG] on Monday said it has agreed to acquire the Simmonds Precision Products business from RTX [RTX] for $765 million, a deal that is in line with […]

When the office of the DoD comptroller released its fiscal 2026 budget documents on June 27, there was a reference to the U.S. Space Force providing $277 million for the […]

Lux Aeterna on Wednesday emerged from stealth and announced a $4 million pre-seed funding round that will go toward a demonstration mission in 2027 for launching a satellite that will […]

AeroVironment [AVAV] on Tuesday evening reported strong fourth quarter results driven by record revenue and a handsome bottom-line. Sales in the quarter grew 40 percent to a record $275.1 million […]

Anduril Industries last Friday said it has been selected by Saab, Inc. to design, develop, qualify, and produce solid rocket motors for the Ground-Launched Small Diameter Bomb (GLSDB). Saab Inc. […]

Northrop Grumman [NOC] last week unveiled Beacon, what it calls a “testbed ecosystem” that brings together its flight hardware with autonomy software solutions from other vendors to evaluate and quickly […]

Anduril Industries is offering its Barracuda and Fury air vehicles to Europe through a partnership with Germany’s Rheinmetall, which will provide its digital platform that will integrate the autonomous air […]