Business/Financial
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Unmanned SystemsDrone Dominance Program Round Two Likely To Include More Complex Missions
The Drone Dominance program is to expand beyond the three missions in the first round–finding stationary targets by four drones at 2.5, 5, 7.5 and 10 kilometers in a non-jamming […]
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Business/FinancialX-Bow To Acquire Evolution Space, Enhancing Hypersonics And Energetics Capabilities
X-Bow Systems on Tuesday said it has agreed to acquire Evolution Space, a supplier of rocket motors for hypersonic applications and propellant technologies, augmenting existing capabilities and adding to its […]
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Business/FinancialLux Aeterna, Startup Developing Reusable Spacecraft, Raises $10 Million In Seed Round
Lux Aeterna, a startup developing a reusable spacecraft that it is targeting for launch in a year, has raised $10 million in a seed round it is using to accelerate […]
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Business/FinancialOndas To Acquire Mistral, Giving Access To U.S. Prime Contracts, Manufacturing Footprint
Ondas Inc. [ONDS] on Monday said it has agreed to acquire Mistral Inc., in a deal that would give it access to more than $1 billion in potential work with […]
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Business/FinancialTrump Says Defense CEOs Agree To Rapidly Quadruple Production Of ‘Exquisite Class’ Weapons
President Donald Trump announced Friday the CEOs of major defense firms have agreed to rapidly quadruple production of “exquisite class” weaponry, amid the U.S.’ ongoing military strikes against Iran. Trump […]
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Air ForceSignificant Department Of Air Force Readiness Boost May Come from Process Automation, Epsilon3 Exec Says
El Segundo, Calif.-based startup Epsilon3 says it has contracts with the Air Force and Space Force to digitize manual testing and launch processes–an artificial intelligence-informed effort that the company believes […]
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Business/FinancialVenture Firm Focused On Dual Use Maritime Companies Gets $150 Million DoD Loan Backing
Mare Liberum, an investment firm focused on maritime companies serving commercial markets with technologies of defense interest, is planning to use $150 million from the Pentagon’s Office of Strategic Capital […]
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SpaceAeroVironment Investing In Albuquerque Expansion As SCAR Negotiations Continue
AeroVironment, Inc. [AVAV] is investing in expansion in Albuquerque, N.M., as the company continues negotiations with the Space Force on the provision of Satellite Communication Augmentation Resource (SCAR) antennas for […]
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Business/FinancialL3Harris Names New CFO, Freeing Bedingfield To Run Missile Solution Business
L3Harris Technologies [LHX] on Monday named Ken Sharp its new chief financial officer (CFO) effective March 16, taking over for Ken Bedingfield, who is switching full-time to running the company’s […]
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Business/FinancialRocket Lab Hits Record Revenue In 2025, But Delays Neutron Launch
Rocket Lab [RKLB] reached a new record for revenue and annual launches in 2025, but its sunny financial progress was clouded by another delay for the first Neutron launch. Rocket […]