Business/Financial

Impulse Space this week said its raised $300 million in a Series C funding round to scale production and add talent to meet demand for its in-space mobility vehicles. The […]

Lockheed Martin [LMT] is developing a virtual arena it dubs “AI Fight Club” that will open later this year to allow companies and teams to test their artificial intelligence models […]

Oshkosh Corp. [OSK] on Tuesday said it has hired former Boeing [BA] executive Steve Nordlund to run its new Transport segment, which is the truck manufacturer’s renamed defense segment that […]

Space and defense technology company Voyager Technologies on Monday said it has begun its investor roadshow as part of previously announced plans for an initial public offering (IPO). The Denver-based […]

Science Applications International Corp. [SAIC] on Monday posted a decline in first quarter earnings due to higher expenses and a cost overrun on a space program while sales edged higher […]

Karman Space & Defense [KRMN] on Thursday said it has acquired Industrial Space Propulsion (ISP) to strengthen its position in energetics and expand its capabilities in small-diameter solid propellant technologies. […]

Leidos [LDOS] on Tuesday said it recently acquired Kudu Dynamics in a deal that adds artificial intelligence-based cyber capabilities that the company will leverage with its existing customer base. The […]

Motorola Solutions [MSI] on Tuesday said it has agreed to acquire Silvus Technologies in a potential $5 billion deal that gives the company capabilities in scalable, self-healing, software-defined secure mesh […]

Hermeus on Tuesday said its Quarterhorse Mk 1 unmanned aircraft successfully flew for the first time, a key milestone on the startup’s path to developing high-Mach and hypersonic aircraft. The […]

Machinists at Pratt & Whitney on Connecticut approved a four-year contract, ending a three-week strike that began on May 5 after union members rejected the company’s final offer for wage […]