Business/Financial
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PentagonFunding To Support Multi-Year Missile Production Deals Expected In Iran Supplemental, FY ’27 Request
Spending to back up framework agreements the Pentagon has negotiated with at least two defense contractors to demonstrate long-term demand for certain missile systems will be requested in the forthcoming […]
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Business/FinancialSwarmer To Raise Up To $17.25 Million In IPO; Trading Starts Today
Drone autonomy company Swarmer late Monday announced its initial public offering (IPO) with three million shares of common stock priced at $5 apiece, with a 30-day option for the underwriter […]
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Business/FinancialEarnings, Sales Fall At SAIC In Fourth Quarter On Shutdown, Enterprise IT Headwinds
Science Applications International Corp. [SAIC] on Monday posted lower earnings and sales in its fourth quarter stemming from the federal government shutdown last fall, a shift away from commoditized enterprise […]
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Business/FinancialAeroVironment Expands Manufacturing Capacity, UAS Products, With ESAero Acquisition
AeroVironment [AVAV] on Monday said it has acquired Empirical Systems Aerospace, Inc. (ESAero) in a $200 million deal that adds manufacturing, design and prototyping capacity, complimentary expertise in electric and […]
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Air ForceUse Of Commercial Imagery Under TacSRT Likely To Grow, Space Force Official Says
Military use of commercial imagery through Space Systems Command’s tactical surveillance, reconnaisance, and tracking (TacSRT) effort is likely to grow, a U.S. Space Force official said on Friday. TacSRT has […]
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Business/FinancialRambeau Departs L3Harris To Lead Karman; Mehta Adds To Roles
L3Harris Technologies [LHX] on Thursday said it has appointed Sam Mehta as president of the Communications & Spectrum Dominance segment in addition to his role leading the Space & Mission […]
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Business/FinancialYork Strengthens Vertical Integration With Acquisition Of In-Space Propulsion Supplier Orbion
York Space Systems [YSS] on Thursday said it acquired Orbion Space Technology, a supplier of flight-proven Hall-Effect Thrusters that propel satellites in orbit. The acquisition, which closed on March 9, […]
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CongressDem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability
A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]
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Business/FinancialHavoc Adds Air, Land Domains To Its Collaborative Autonomy Solutions With Two Acquisitions
Havoc, which has been focused on applying its collaborative autonomy technology to unmanned surface vessels (USVs), on Wednesday said it has acquired two companies that give it an entrée in […]
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Business/FinancialSpace Force Terminating AV’s SCAR Contract; Previous Stop Work Order Leads To Third Quarter Loss
AeroVironment [AVAV] on Tuesday evening said the Space Force that day decided to terminate for convenience the company’s contract for a network of satellite control antenna after the parties failed […]