Business/Financial
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Business/FinancialArlington Capital To Acquire Exostar
The private equity firm Arlington Capital Partners on Tuesday said it has agreed to acquire the enterprise collaboration company Exostar from the private equity firm Thoma Bravo. Terms of the […]
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Air ForceU.S. Space Force Plans to Buy Communications Data from Luxembourg’s MEO Constellation Next Year
Next year, the U.S. Space Force’s Space Systems Command (SSC) plans to buy military satellite communications (SATCOM) data from Luxembourg’s Medium Earth Orbit Global Services (MGS) program, which has thus […]
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CongressGallagher, Khanna Call Out Corporate Refusal to Testify on Defense Innovation
Reps. Mike Gallagher (R-Wis.), the chairman of the House Armed Services Committee’s (HASC) cyber, information technologies and innovation (CITI) panel, and Rep. Ro Khanna (D-Calif.), the HASC CITI panel’s ranking […]
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SpaceTerran Orbital Commits To Rapid Satellite Production
Satellite provider Terran Orbital [LLAP] last week launched its Responsive Space Initiative that commits to delivering satellite buses to customers within 30 days and compete satellite systems, including integrated payloads, […]
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Business/FinancialSAIC Posts Strong Earnings, Organic Sales In Second Quarter
Science Applications International Corp. [SAIC] on Thursday posted strong results in its second quarter with organic growth above 8 percent and net income more than tripling. Net income was $247 […]
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Business/FinancialAnduril Expands Into Large UAS Space With Acquisition Of Blue Force Technologies
Anduril Industries on Thursday said it has acquired Blue Force Technologies, a small company that is developing a jet-powered drone aircraft that gives Anduril a potential entrée into future Defense […]
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Business/FinancialAustal Claims U.S. Management Change To Shift From Winning Work To Execution
The CEO of Australia’s Austal Limited said in an earnings call that the resignation of the Austal USA subsidiary is meant to shift them from a focus on winning new […]
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Business/FinancialAustal USA President Resigns
Shipbuilder Austal USA on Wednesday announced the company’s president of over two years resigned. Rusty Murdaugh first served as Austal USA acting president starting in February 2021 before being made […]
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Advanced / Transformational TechnologyMicrosoft, Synthetaic Partner On Artificial Intelligence Data And Cloud Solutions
Artificial Intelligence technology startup Synthetaic on Tuesday said it has formed a strategic partnership with Microsoft [MSFT] that will allow the small company to apply its AI image processing tool […]
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Business/FinancialSmall Satellite Manufacturers LeoStella, Hera Systems Team On SDA’s T2TL
LeoStella and Hera Systems on Monday said they have formed a strategic alliance to manufacture small satellites and highlighted that they submitted a joint bid on the Space Development Agency’s […]
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