Business/Financial

VTG on Tuesday said it had acquired Miklos Systems, Inc. (MSI), in a deal that strengthens its digital transformation capabilities with the intelligence community. Terms of the transaction were not […]

Fairbanks Morse Defense (FMD) on Monday said it has agreed to acquire United Kingdom-based Truflo Marine in a deal that expands its current work in valve design and manufacturing and […]

The integration of Space Development Agency (SDA) systems across the two-year “tranche” development cycle is a significant hurdle facing the agency, according to a report by the SDA Independent Review […]

The Defense Department’s Office of Strategic Capital (OSC) last Friday said it is loaning $700 million to two U.S. companies to increase domestic production of rare earth magnets used in […]

ElementUS Minerals has received a $29.9 million award from the Defense Department to bolster the domestic supply chain for two critical minerals, gallium and scandium, by separating and purifying them […]

Voyager Technologies [VOYG] on Thursday said it has acquired Estes Energetics, a small company that makes solid rocket motors and related chemicals. Voyager said the deal gives it more “control […]

L3Harris Technologies [LHX] on Tuesday broke ground on a new solid rocket motor production campus in Camden, Ark., part of the company’s ongoing push to increase its ability to meet […]

Shield AI and Netherland’s-based Destinus on Wednesday announced a partnership to leverage Shield’s Hivemind mission autonomy pilot across Destinus’ unmanned aerial platforms with plans to conduct flight testing in 2026. […]

Quindar, a small software company that has developed a spacecraft mission control platform, has raised $18 million in a new funding round to establish a classified mission operations center that […]

Rocket motor and engine developer Ursa Major on Tuesday said it has closed a $100 million Series E funding round and received $50 million in debt funding commitments to help […]