Business/Financial
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Business/FinancialEx-Boeing Exec Nordlund To Lead Oshkosh’s Defense Business
Oshkosh Corp. [OSK] on Tuesday said it has hired former Boeing [BA] executive Steve Nordlund to run its new Transport segment, which is the truck manufacturer’s renamed defense segment that […]
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Business/FinancialVoyager Technologies Begins Road Show For Proposed Public Offering
Space and defense technology company Voyager Technologies on Monday said it has begun its investor roadshow as part of previously announced plans for an initial public offering (IPO). The Denver-based […]
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Business/FinancialSAIC’s Earnings Fall Despite Slight Sales Increase
Science Applications International Corp. [SAIC] on Monday posted a decline in first quarter earnings due to higher expenses and a cost overrun on a space program while sales edged higher […]
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Business/FinancialKarman Acquires Specialty Energetics And Propellant Supplier Industrial Solid Propulsion
Karman Space & Defense [KRMN] on Thursday said it has acquired Industrial Space Propulsion (ISP) to strengthen its position in energetics and expand its capabilities in small-diameter solid propellant technologies. […]
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CyberLeidos Acquires Kudu Dynamics, Adding AI-Based Cybersecurity Capabilities
Leidos [LDOS] on Tuesday said it recently acquired Kudu Dynamics in a deal that adds artificial intelligence-based cyber capabilities that the company will leverage with its existing customer base. The […]
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Business/FinancialMotorola Solutions To Acquire Mobile Mesh Communications Provider Silvus In $5 Billion Deal
Motorola Solutions [MSI] on Tuesday said it has agreed to acquire Silvus Technologies in a potential $5 billion deal that gives the company capabilities in scalable, self-healing, software-defined secure mesh […]
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Advanced / Transformational TechnologyHermeus Achieves Flight With Quarterhorse Mk 1 Remotely Piloted Aircraft
Hermeus on Tuesday said its Quarterhorse Mk 1 unmanned aircraft successfully flew for the first time, a key milestone on the startup’s path to developing high-Mach and hypersonic aircraft. The […]
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Business/FinancialMachinists Approve New Contract With Pratt & Whitney, Head Back To Work
Machinists at Pratt & Whitney on Connecticut approved a four-year contract, ending a three-week strike that began on May 5 after union members rejected the company’s final offer for wage […]
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Business/FinancialSerco Completes Acquisition Of Northrop Grumman Business Unit
Serco Inc. on Tuesday said it has completed its $327 million acquisition of Northrop Grumman’s [NOC] mission training and satellite ground network communications software business, further expanding the United Kingdom-based […]
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WeaponsL3Harris Breaks Ground On New Rocket Motor Facilities, This Time In Virginia
CULPEPER, Va. – L3Harris Technologies’ [LHX] Aerojet Rocketdyne division started clearing trees for new roads and facilities in recent months as it breaks ground to expand its Orange County, Virginia […]
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