Business/Financial

Seasoned defense executive Ken Bedingfield has been named the new chief financial officer (CFO) at L3Harris Technologies [LHX] effective December 11, taking on the same role he held for five […]

Arcfield last week said it has acquired Orion Space Solutions, bolstering its capabilities in space exploration and hypersonic detection and tracking for customers in the Defense Department and intelligence community. […]

Rocket engine developer Ursa Major on Thursday said it has raised $138 million in two funding rounds this year to further development of its new process for manufacturing solid rocket […]

BlueHalo on Wednesday said it has acquired Ipsolon Research, a designer and manufacturer of small form factor software defined radios (SDRs) for land and airborne military applications. Terms of the […]

Second Front Systems, a software firm that helps other companies deliver software solutions to government and national security customers, has closed a $40 million Series B funding round that raises […]

L3Harris Technologies [LHX] on Monday said it has agreed to sell its Commercial Aviation Solutions (CAS) to the private equity firm TJC L.P. for $800 million, which includes $700 million […]

In a deal rumored for weeks, two of the largest players in the Department of Energy’s weapons complex will merge into a public company majority-owned by Jacobs [J] shareholders. Virginia-based […]

Ursa Major, which is developing liquid engines for launch vehicles, in-space propulsion, and hypersonic weapons, on Monday introduced an additive manufacturing solution for producing solid rocket motors (SRMs) at scale […]

X-Bow Systems, a startup developing rockets and solid rocket motors, has closed an interim funding round let by Lockheed Martin’s [LMT] venture arm that the small company will use to […]

Lockheed Martin [LMT] on Wednesday said its venture unit has invested in Launchpad.build, a small startup focused on using artificial intelligence and simulation for agile on-demand, low volume production runs […]