Business/Financial

AeroVironment [AVAV] on Tuesday evening said it swung to a loss in its second quarter due to amortization and non-cash accounting expense while sales increased more than 150 percent to […]

Anduril Industries and Britain’s GKN Aerospace on Tuesday signed an exclusive teaming agreement to pursue a United Kingdom project to develop an unmanned collaborative combat platform that would team with […]

Pryzm, a small software firm developing products to help contractors capture business with the federal government and help government customers better track and manage their programs, spending and vendors, has […]

Boeing [BA] on Monday said it has completed its $8 billion acquisition of Kansas-based Spirit AeroSystems in a deal that gives it more control over its supply chain for major […]

If demand expectations hold true, Boeing [BA] by the end of 2028 or early 2029 anticipates more than tripling its current production rate of seekers it supplies for the Patriot […]

Northrop Grumman [NOC] on Thursday conducted a static test of a new solid rocket motor (SRM) in Promontory, Utah, under the company’s Solid Motor Annual Rocket Technology Demonstrator (SMART Demo) […]

Washington Harbour Partners on Thursday said it has taken a “significant minority stake” in the space mission engineering company Trusted Space, an investment that will be put toward enhancing existing […]

Science Applications International Corp. [SAIC] on Thursday posted top and bottom-line declines in its third quarter although the company increased its sales guidance due to new acquisition and its adjusted […]

Lockheed Martin‘s [LMT] Skunk Works division said on Thursday that it used artificial intelligence to demonstrate how one drone facing fuel problems could return to base while another unmanned aerial […]

Davie Defense on Wednesday said it has completed its acquisition of Gulf Copper & Manufacturing Corp.’s shipbuilding assets in Texas, which will support the Coast Guard’s future Arctic Security Cutter […]