Business/Financial

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. […]

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). […]

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 […]

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 […]

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 […]

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– […]

Edge Autonomy on Monday said it has acquired Adaptive Energy, a small company that designs and manufactures fuel cells used for backup, off-grid and unmanned aircraft system (UAS) power. Terms […]

Britain’s QinetiQ Group last Friday said its U.S. subsidiary, QinetiQ, Inc., has agreed to acquire Avantus Federal for $590 million in a deal that will more than double the size […]

HII [HII] on Thursday reported strong earnings in its second quarter driven by broad strength across its operating segments and sales were higher primarily due to an acquisition a year […]

Xona Space Systems, a small company developing low earth orbit (LEO) satellites for global positioning and navigation services as an alternative to the GPS constellation, has closed a new funding […]