Business/Financial

Parsons Corp. [PSN] on Wednesday said it has acquired Sealing Technologies, inc. for upward of $200 million in a deal that strengthens its capabilities in defensive cyber operations and expands […]

Satellite manufacturer, operator, and services provider Sidus Space [SIDU] on Tuesday said it has acquired Exo-Space, which supplies its customers with artificial intelligence capabilities at the edge for on-orbit applications. […]

AeroVironment [AVAV] on Tuesday said it has agreed to acquire Tomahawk Robotics in a $120 million deal that would give it a multi-domain command and control platform for unmanned systems. […]

Britain’s BAE Systems plc on Thursday said it has agreed to a acquire Ball Corp.’s [BALL] aerospace unit for $5.6 billion and highlighted the business is forecast to generate $2.2 […]

South 8 Technologies, which is developing liquid gas electrolyte technology to power lithium-ion batteries, has received a strategic investment from Lockheed Martin’s [LMT] venture arm to support the commercialization of […]

After serving for nearly two months as the interim chief of Mercury Systems [MRCY], the board of the defense electronics company on Tuesday named Bill Ballhaus as president and CEO, […]

Kratos Defense & Security Solutions [KTOS] and Australia’s Hypersonix last week said they agreed on an exclusive teaming agreement to bring the Australian company’s DART AE hypersonic system to the […]

York Space Systems on Monday said it has completed construction of a new spacecraft manufacturing and testing facility, which will allow the company to double production capacity and build more […]

CACI International [CACI] on Wednesday posted strong overall results in its fourth quarter on a double-digit earnings gain, helping drive solid results overall for the company’s fiscal year 2023. Net […]

President Biden has signed a new executive order restricting U.S. investment in some Chinese advanced technology areas, specifically semiconductors, artificial intelligence and quantum computing, which the administration has said could […]