Business/Financial

In the nine months just ended, renationalization of the U.K. nuclear weapons complex cost Lockheed Martin’s [LMT] Space segment more than three quarters of a billion dollars, the company reported […]

Sen. Elizabeth Warren (D-Mass.) is questioning the propriety of top officials at the National Defense Industrial Association (NDIA) advocating inflation adjustments for defense contractors. “I am writing regarding my concerns […]

Shortly after Russia’s unproved invasion of Ukraine in February, Lockheed Martin [LMT] realized it would need to ramp up its production of certain weapon systems the Defense Department was supplying […]

Lockheed Martin [LMT] on Tuesday reported higher sales in its third quarter due primarily to its work on the F-35 and air and missile defense programs while earnings tripled from […]

After a federal judge last week rejected a Department of Justice attempt to block Booz Allen Hamilton’s [BAH] acquisition of EverWatch, Booz Allen closed the deal on Oct. 14, strengthening […]

The private equity firm Veritas Capital last Thursday said it has agreed to acquire CAES Space Systems from CAES, which is part of Britain’s Cobham Ltd. Terms of the deal, […]

The commercial space company Sierra Space on Wednesday launched a new business that will invest in, and partner with, innovators and disruptors in the emerging new space market. Sierra Space […]

The defense industrial bases of the U.S. and its allies must be able to rapidly produce warfighting capabilities to defend against adversaries and at the same time be able to […]

SilverEdge Government Solutions, a provider of cybersecurity, software and intelligence solutions to customers in the defense and intelligence communities, has acquired QVine LLC, in a deal that expands its presence […]

Sierra Nevada Corp. has acquired the assets and intellectual property (IP) of Volansi in an all-cash deal. Volansi, a Silicon Valley-based drone maker backed by $75 million in venture capital […]