Business/Financial

Building on investments made in generative artificial intelligence to strengthen its own operations, Lockheed Martin [LMT] on Monday launched a new business aimed at helping other companies in the defense […]

General Atomics Aeronautical Systems, Inc. (GA-ASI) said on Monday that it is selling three of its MQ-9B SkyGuardian drones to Poland. Based on the U.S. Air Force MQ-9A Reaper, the […]

Boeing [BA] on Monday said it hired Tony Gingiss as the new CEO of its small satellite business, Millennium Space Systems, effective Dec. 9. Millennium was being led on an […]

Those in uniform have criticized military services’ outsourcing of sustainment to industry as leading to higher costs, causing repair delays, and lowering military readiness. Last week, Sen. Elizabeth Warren (D-Mass.), […]

BRIDGETON, Mo.—When it comes to meeting projected demand for its integrated short-range air defense and counter-drone platforms, Leonardo DRS’s Land Systems unit has plenty of capacity and no supplier constraints, […]

Viavi Solutions [VIAV] last Friday said it has agreed to acquire Inertial Labs, Inc., in a deal valued at up to $325 million to expand its presence in domestic and […]

L3Harris Technologies [LHX] said on Tuesday that it had finished Preliminary Design Review (PDR) to develop 18 satellites with infrared payloads for the U.S. Space Force’s Space Development Agency (SDA) […]

To ensure interoperability with its edge mesh networking platform, Anduril Industries has released a software development kit (SDK) that partners can use to build applications to run on the company’s […]

AeroVironment [AVAV] on Wednesday posted lower net income as higher spending on research and development, and acquisition-related expenses ate into the bottom-line despite a modest increase in sales to a […]

Science Applications International Corp. [SAIC] on Thursday posted strong third quarter fiscal year 2025 results driven by work on new and existing contracts. Net income rose 14 percent to $106 […]