Business/Financial
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Business/FinancialRedwire To Acquire Hera Systems, Adding To Spacecraft Portfolio
Redwire Corp. [RDW] on Wednesday evening said it has agreed to acquire Hera Systems in a deal that will add additional spacecraft options to its portfolio, including satellites for geostationary […]
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Business/FinancialRheinmetall To Acquire Military Vehicle Supplier Loc Performance, Adding U.S. Production Capacity
Germany defense contractor Rheinmetall on Tuesday said it has agreed to acquire Michigan-based Loc Performance Products, a supplier of components and technologies used on military vehicles, a deal that will […]
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InternationalPoland Signs Deal For 96 AH-64E Apache Combat Helicopters
Boeing [BA] on Tuesday said that Poland has signed a foreign military sales (FMS) agreement to acquire 96 of the company’s AH-64E Apache attack and reconnaissance helicopters, a deal that […]
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Business/FinancialGD To Build Solid Rocket Motors For Lockheed Martin In Boost To Industrial Base
General Dynamics [GD] will develop and produce solid rocket motors (SRMs) for Lockheed Martin’s [LMT] precision munitions under a new teaming agreement that will see GD enter the fray as […]
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Business/FinancialPalantir Warp Speed Operating System Aimed at Boosting Production, Including for Defense
Palantir Technologies‘ [PLTR] executives said this week that the company is launching Warp Speed–a new product in the company’s Artificial Intelligence Platform (AIP) line–to boost companies’ production, including in the […]
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Business/FinancialBlackSky Grows Revenue Nearly 30% YoY in the Second Quarter
BlackSky Technology grew revenue by 29% year-over-year in the second quarter of 2024 as the satellite imagery company executed on multiple international contracts. The company reported its Q2 financial results on […]
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Business/FinancialMDA Space Raises 2024 Guidance After Strong First Half
MDA Space saw a double-digit revenue increase in the second quarter of 2024 with growth in the company’s robotics and satellite businesses. The company reported its financials on Thursday, raising revenue […]
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Advanced / Transformational TechnologyDoD Loan Office Plans On First Funding Availability Notice This Year
A relatively new Defense Department office charged with developing a loan program to aid companies developing key technologies that are part of the supply chain but are frequently starved of […]
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SpaceCalvelli Wants to Remedy ‘Lack of Engagement’ With Subcontractors on Space Programs
The U.S. Space Force’s acquisition arm is to gain a ground-level view of programs from subcontractors and suppliers, Frank Calvelli, assistant secretary of the Air Force for space acquisition and […]
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Business/FinancialAnduril Raises $1.5 Billion For Gigafactory To ‘Hyperscale’ Defense Manufacturing
Preparing the road ahead to be able to produce massive quantities of autonomous systems and weapons by leveraging a new software-defined manufacturing platform that relies heavily on commercial suppliers, Anduril […]
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