Business/Financial
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Business/FinancialMachinists Reject Boeing’s Latest Offer, Continuing Strike
A union strike at Boeing’s [BA] defense operations around St. Louis, Mo., continues after local machinists last Friday voted against the company’s latest contract offer. Boeing said that “no further […]
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Business/FinancialRedwire Opens New Facility To Support Space-Based Defense
Redwire [RDW] on Thursday said it has opened a new 15,000 square-foot facility in Albuquerque, N.M., that will focus on rapid development of space-based defense systems. The Firestone Rapid Capabilities […]
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Business/FinancialBoeing Machinists In St. Louis To Vote Friday On Latest Contract Offer
Union defense workers at Boeing’s [BA] St. Louis area operations will vote Friday on the company’s latest labor agreement, which proposes higher average wages and a longer contract term. If […]
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Business/FinancialUrsa Major Developing New Solid Rocket Motor Test Site
Ursa Major on Wednesday said it has broken ground on a new 400-acre site where it will test and qualify large-scale solid rocket motors (SRMs) for current and future missiles, […]
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Business/FinancialAV Swings To Loss In First Quarter On BlueHalo Deal As Sales Soar
AeroVironment [AVAV] on Tuesday reported a net loss in its fiscal year 2026 first quarter due to costs associated with the recent acquisition of BlueHalo, a deal that also helped […]
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Advanced / Transformational TechnologyLockheed Martin, BAE Systems Advanced R&D Groups Partner On Autonomous Aircraft Systems
Lockheed Martin [LMT] and Britain’s BAE Systems on Tuesday said their respective advanced research and development (R&D) organizations are partnering on the development of cost-effective, modular uncrewed autonomous air systems […]
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Unmanned SystemsAIRO, Ukraine’s Nord Drone, Plan On Joint Venture To Scale Production, Increase Offerings
AIRO Group Holdings [AIRO] and Ukrainian combat drone manufacturer Nord Drone Group plan to create a joint venture that will enable U.S.-based AIRO to expand its unmanned aircraft systems (UAS) […]
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Navy/USMCAustal Signs Outsourcing Agreement With Master Boat Builders
Austal USA entered into a strategic outsourcing agreement with Master Boat Builders, Inc. that they billed as a way to increase the shipbuilding industrial base capacity and accelerate delivery for […]
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Business/FinancialPBS Aerospace Opens Turbojet Engine Facility In Georgia
PBS Aerospace, a business of Czech-based engineering company PBS Group, on Thursday established its headquarters in Georgia, where the turbojet engine manufacturer also opened a new facility to build propulsion […]
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Business/FinancialSafran’s U.S. Business To Acquire Sensing Company Attollo Engineering
Safran Defense and Space, Inc. (DSI) on Thursday said it has agreed to acquire Attollo Engineering, a small company specializing in compact imaging and laser sensing systems. Terms of the […]