Business/Financial
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Business/FinancialRaytheon and Lockheed Martin to Have “Preferred Access” to SRMs Built at Avio’s Future SRM Plant
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 […]
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Business/FinancialNorthrop Grumman Hires CFO From Outside Defense Industry
Northrop Grumman [NOC] on Thursday said that Ken Crews, the company’s chief financial officer (CFO) is leaving the company, and will be succeeded by John Greene, who most recently was […]
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Business/FinancialFirefly Completes $855 Million Acquisition Of SciTec
Firefly Aerospace [FLY] on Wednesday said it has closed its acquisition of SciTec, Inc., in an $855 million deal that adds data processing, analytics, and classified facilities. Deal terms included […]
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Business/FinancialKratos Forecasts Strong Organic Growth Through 2027
In 2027, Kratos Defense & Security Solutions [KTOS] is projecting organic sales growth of 28 to 23 percent over 2026, which the company is also forecasting to be a strong […]
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Business/FinancialIntuitive Machines Acquires Satellite Manufacturer Lanteris, With An Eye On Defense Contracts
Intuitive Machines [LUNR] has moved to acquire satellite manufacturer Lanteris Space Systems, saying the acquisition makes the company into a vertically integrated, next-generation space prime. The deal is worth $800 million — […]
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InternationalAUKUS Tech And Supply Advance With Quantum Clock Tests And Industrial Base Expansion
AUKUS government and industry players this week marked two-related advances during an Australian maritime trade show, the successful trialing of Australian quantum clocks as well as another international supplier integrated […]
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Business/FinancialKratos Adding To Satellite Communications Suite With Acquisition Of Orbit Technologies
Kratos Defense & Security Solutions [KTOS] on Tuesday said it has agreed to acquire Israel-based Orbit Technologies Ltd. in a $356.3 million cash deal that complements its existing satellite communications […]
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Business/FinancialOndas Announces Deals To Acquire Several Israeli Defense And Security Firms
Ondas Holdings [ONDS] on Tuesday said it has agreed to acquire counter-drone technology company Sentrycs for $225 million, the third deal it has announced in a week for an Israeli-based […]
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Nuclear ModernizationBWXT Records Strong Third Quarter Despite Government Shutdown
Earnings rose significantly at BWX Technologies (BWXT), Lynchburg, Va., in the third quarter, which the company attributed to its “differentiating nuclear credentials” and some multi-year, special materials contracts it received. […]
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Business/FinancialLeidos Posts Slight Earnings Gain On Record Sales In Third Quarter
Leidos [LDOS] on Tuesday reported a slight increase in earnings in its third quarter led by its Health and Civil segment while sales growth was solid. Net income edged up […]