Business/Financial
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Business/FinancialPentagon Invests To On-Shore Optical Display Supply Chain
The Defense Department on Thursday said it has invested $24.5 million in two companies to strengthen the supply chain for optical display technology. The investments were made last September in […]
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Business/FinancialSAIC Lowers Fiscal Year 2026, 2027 Outlook On Softness In IT Market
Science Applications International Corp. [SAIC] on Wednesday said sales in its fourth quarter 2026, and sales and earnings in fiscal year 2027 will be lower than expected, citing weakness in […]
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PentagonDoD Completes Initial Review Of Defense Firms’ Performance, But Not Releasing Findings Yet
The Pentagon has completed its initial assessment to identify defense firms that are insufficiently investing in production expansion, according to a department spokesperson. Sean Parnell, chief Pentagon spokesman, confirmed media […]
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Business/FinancialLockheed Martin Invests In Developer Of Manufacturing System For Large Composite Parts
Perseus Materials, which has developed a manufacturing system to quickly 3D print large composite parts, has received a strategic investment from Lockheed Martin [LMT] to expand its team, physical footprint […]
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Business/FinancialStartup Developing Blended Wing Aircraft For Cargo Use Raises $28 Million
Natilus, a startup focused on developing blended-wing aircraft for cargo and passenger applications, on Tuesday said it has raised $28 million in an early funding round that will allow it […]
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Air ForceStarfish Nabs $55 Million Space Force Award For Orbital Mobility
The Space Force’s Space Systems Command (SSC) last week awarded Starfish Space a $54.5 million contract to prepare the company’s Otter space vehicle for the movement of national security space […]
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Business/FinancialFCC Approves Logos Space Enterprise Constellation Plans
TheFederal Communications Commission has approved Logos Space’s application for satellite spectrum to deploy a constellation of more than 4,000 satellites geared toward enterprise connectivity. The approval is a milestone for the […]
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Business/FinancialHII Reports Strong Fourth Quarter And 2025 On Shipbuilding, Mission Tech
HII [HII] on Thursday posted strong fourth quarter and full-year results on strength across its shipbuilding and mission systems businesses. Net income in the quarter increased 29 percent to $159 […]
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CyberCybersecurity Firm Supporting Defense Companies Raises $31 Million In Early Funding Round
RADICL, a startup offering automated cybersecurity services to small and medium-sized defense companies through a virtual platform, has raised $31 million in a funding round to accelerate development of its […]
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Business/FinancialDrone Autonomy Company Swarmer Files To Go Public
Swarmer, a software company developing autonomy solutions to enable drones to collaborate and operate in swarms, on Monday registered to go public on the Nasdaq. The number of shares and […]