Business/Financial

Space technology company York Space Systems on Monday filed a registration statement for a proposed initial public offering (IPO) that would take the 13-year-old private equity-backed company public. The pricing […]

Palladyne AI [PDYN] on Monday said it is creating a new defense business that includes three new acquisitions and the defense variant of its autonomous pilot technology. The acquisitions include […]

Castelion on Monday said it has selected a 1,000 acre site in New Mexico to be the startup’s first full-scale manufacturing campus for solid rocket motors and hypersonic weapons. Castelion […]

Science Applications International Corp. [SAIC] on Thursday said it is restructuring from five business groups into three to improve efficiency and customer focus. The reorganization follows closely on the heels […]

Defense workers at Boeing’s [BA] military aircraft and munitions operations in the St. Louis region on Thursday voted overwhelmingly to end their three-month-plus-long strike, with plans to return to work […]

Anduril Industries and United Arab Emirates-based EDGE Group on Thursday announced a new joint venture focused on autonomous systems for defense and civil applications with the product being the co-developed […]

Government and commercial imagery could help fill a void in on-site nuclear inspections, given the upcoming lapse in the New START Treaty protocol next February, according to a new report […]

Autonomous technology startup Forterra has raised $238 million in a new funding round to be put toward command, control and communications systems, and increasing production capacity, the company said on […]

Neros Technologies on Monday said it is one of three vendors selected by the Army to provide relatively inexpensive first person view (FPV) drones for use at the platoon level. […]

RTX‘s [RTX] Raytheon and Lockheed Martin [LMT] have signed Memoranda of Understanding (MOU) with Italy’s Avio SpA to help build a “state of the art” solid rocket motor (SRM) plant […]