Business/Financial

Defense acquisition would benefit from a stronger middle tier within the industrial base that could offer more competition and more agility than the large prime contractors, and still bring forth […]

Several new venture funding raised were announced on Tuesday, including an $8.4 million seed round by space computer and autonomous spacecraft startup Aethero for further technology development. Aethero, based in […]

On the docket for Michael Duffey, the newly installed Pentagon acquisition chief, will be his review and implementation of the closely held recommendations of the DoD Independent Review Team (IRT) […]

By the end of the summer, GE Aerospace [GE] plans to conduct a full-scale test in Evendale, Ohio of the company’s dual-mode ramjet (DMRJ) hypersonic engine with rotating detonation combustion (RDC) […]

Impulse Space this week said its raised $300 million in a Series C funding round to scale production and add talent to meet demand for its in-space mobility vehicles. The […]

Lockheed Martin [LMT] is developing a virtual arena it dubs “AI Fight Club” that will open later this year to allow companies and teams to test their artificial intelligence models […]

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 […]

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 […]

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 […]

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. […]