Business/Financial
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Business/FinancialLockheed Martin Taps Cahill To Run Missiles And Fire Control Segment
Lockheed Martin [LMT] on Wednesday said it has picked Tim Cahill to head its Missiles and Fire Control (MFC) Segment, effective Nov. 1, succeeding Scott Greene who has led the […]
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Business/FinancialAustal And Saildrone Partner To Build USVs
Austal USA and Saildrone Inc. announced on Tuesday they are starting a new “strategic partnership” for the former to produce Saildrone autonomous unmanned surface vehicle (USVs). This means Austal USA’s […]
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Nuclear ModernizationNevada Nuke Site Contractor Nets Five-Year Extension
In the latest mega-extension for a nuclear-weapons site-management contractor, the National Nuclear Security Administration (NNSA) locked in a Honeywell [HON]-led team for five more years at the Nevada National Security […]
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Business/FinancialAeroVironment Acquires Autonomous Unmanned Technology Company Planck Aerosystems
AeroVironment [AVAV] on Wednesday said it has acquired Planck Aerosystems, a small company that develops and supplies technology that enables autonomous operations by aircraft, ground and marine vehicles and vessels. […]
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Business/FinancialBehrman Capital Acquires A&D Component Manufacturer George Industries
The private equity firm Behrman Capital on Wednesday said it has acquired George Industries, a New York-based manufacturer of thermal management products for the aerospace, defense, transportation and industrial sectors. […]
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Business/FinancialFairbanks Morse, Estonian Company To Work On Autonomous Launch And Recovery Of UXVs
Fairbanks Morse Defense (FMD) on Tuesday said it has signed an agreement with Estonia’s DECK Marine Systems to co-develop an autonomous launch and recovery system for unmanned marine vehicles (UXVs). […]
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Business/FinancialUrsa Space, Spire Team On Maritime Domain Awareness For Government
Ursa Space Systems and Spire Global [SPIR], two commercial companies that provide remote sensing services to government and other customers, have formalized a partnership to combine their capabilities for detecting […]
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ArmyArmy Official Asks Industry For Help In Inflation, Supply Chain Problems
HUNTSVILLE, Ala. – An Army official this week asked industry to work with the government to help mitigate inflation and supply chain issues impacting military procurement. “We are in probably […]
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Business/FinancialNew Solid Rocket Motor Entrant, X-Bow, Expects To Be On First Programs Within A Year
X-Bow Systems, the first new entrant in decades into the U.S. solid rocket motor business, is expecting to ramp up on one or more programs in the coming six to […]
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Business/FinancialBWXT Still Having Problems With Missile Tubes For Nuclear Subs
While it has fixed the bad welds that plagued the program last decade, BWX Technologies [BXWT], Lynchburg, Va., is still having trouble manufacturing common missile compartment tubes for Columbia-, Virginia– […]
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