Business/Financial
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Unmanned SystemsLow Radar Cross Section Of MQ-28 Ghost Bat Validated, Boeing Says
Boeing [BA] said on Monday that it has validated the low Radar Cross Section (RCS) of the company’s MQ-28 Ghost Bat drone. “The MQ-28’s RCS reduces the range that enemy […]
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Unmanned SystemsMotorola Solutions To Acquire Counter-Drone Company D-Fend For $1.5 Billion
Network and security company Motorola Solutions [MSI] on Monday said it has agreed to acquire D-Fend Solutions, an Israel-based provider of radio frequency systems to detect and counter threats from […]
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Business/FinancialDavie Defense Breaks Ground On Modernization Of Texas Shipyard
Shipbuilder Davie Defense on Monday broke ground on a $1 billion modernization of its Gulf Copper facilities in Galveston and Port Arthur, Texas, to ready the operations to begin construction […]
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SpaceSpaceX Gets Nearly $4.2 Billion Nod From Space Force For Initial SB-AMTI
Two days after the Space Force Space Systems Command (SSC) awarded SpaceX a nearly $2.3 billion contract for the Space Data Network Backbone, a proliferated low Earth orbit communications network, […]
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Business/FinancialFederal Spending On Venture And Private Equity-Backed Companies Increased In FY ‘25
Annual federal obligations to venture capital and private equity-backed national security companies increased 22 percent to $4.3 billion in fiscal year 2025, according to a report this week. Silicon Valley […]
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Business/FinancialAustal USA Names Miller As New President
Austal USA on Wednesday named interim president Gene Miller as the company’s permanent president, effective immediately. Miller succeeds former president Michelle Kruger, who the company announced in February planned to […]
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Advanced / Transformational TechnologyDIU Awards $159 Million For Hermeus To Demonstrate High-Mach Flight And Payload Release
Hermeus on Thursday said it has received a $159 million contract modification from the Pentagon’s Defense Innovation Unit (DIU) to demonstrate high-Mach flight and high-speed payload carry and release to […]
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BudgetDoD’s Equity Stake In L3Harris Rocket Motor Business Comes At Expense Of Other Suppliers, HASC Warns
A draft defense bill released by the House Armed Services Committee (HASC) on Tuesday says the committee is “concerned” with the Defense Department’s $1 billion equity investment this year in […]
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Business/FinancialParker Hannifin To Acquire CIRCOR Aerospace From KKR For $2.6 Billion
Parker Hannifin [PH] on Thursday said it has agreed to acquire CIRCOR Aerospace from the investment firm KKR [KKR] for $2.6 billion in cash in a deal that adds an […]
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Business/FinancialSpaceX’s IPO Filing Gives First Look Into Company’s Financials
The space industry and public got the first real look into SpaceX’s financials on Wednesday as the company published initial documents ahead of a planned initial public offering (IPO). SpaceX […]