Business/Financial
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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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Business/FinancialBWX Technologies Reports Higher Revenue Amid Worst Global Market Days In Two Years
Earnings rose at BWX Technologies [BWXT] in the second quarter, which the company on Monday attributed partly to organic growth in government operations as it prepared to begin work on […]
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Business/FinancialElectric Motor Startup H3X Raises $20 Million With Additional Funding From Lockheed Martin
H3X, an electric propulsion technology startup developing high-power density motors for a range of applications, on Tuesday said it has raised $20 million in an early-stage round, including a follow-up […]
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Missile DefenseBoeing Set To Break Annual PAC-3 Seeker Production Record
HUNTSVILLE, Ala. – Boeing [BA] on Tuesday said it is on track this year to break its annual record for production on the seeker of the Lockheed Martin [LMT] Patriot […]
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Business/FinancialGD Electric Boat COO To Succeed Retiring Graney
General Dynamics [GD] on Thursday announced the president of Electric Boat (EB) is retiring at the end of the year and will be succeeded by the senior vice president and […]
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