Business/Financial

VTG on Tuesday said it has completed three more acquisitions that enhance its capabilities, solutions offerings, and footprint with the intelligence community. Terms of the deals for Byte Systems, LLC, […]

X-Bow Systems on Monday said it has received an additional investment by Lockheed Martin [LMT] that will help the startup accelerate its work to become an independent supplier of solid […]

Ursa Major on Wednesday said it conducted multiple static fires of a 5-inch solid rocket motor (SRM) packed with propellant in a configuration that enables longer ranges and different thrust […]

Kratos Defense & Security Solutions [KTOS] recently unveiled a version of its Valkyrie stealthy, aerial combat drone with internal landing gear to enable conventional takeoff and landing to give customers […]

Quantum computing company IonQ [IONQ] has signed an agreement to acquire Capella Space to accelerate its plans in quantum networking. IonQ, based in College Park, Maryland, announced the move on Wednesday. Capella […]

Leidos [LDOS] on Tuesday reported strong first quarter results driven by top and bottom-line increases across its operating segments. Net income rose 29 percent to $365 million, $2.77 earnings per […]

About 3,000 Pratt & Whitney machinists went on strike early Monday morning after most union members rejected the company’s final offer for wage and benefit increases. RTX [RTX], P&W’s parent […]

Anduril Industries has signed an agreement to purchase Klas, its first acquisition of a tactical computing and communication firm that it said will help bolster capability offerings for programs such […]

Leonardo DRS [DRS] on Thursday posted strong first quarter results with earnings and sales higher across its operating segments. Net income increased 72 percent to $50 million, 19 cents earnings […]

HII [HII] on Thursday posted first quarter declines in its top and bottom-lines driven by lower sales across the company’s operating segments, and higher interest expense and taxes. Net income […]