Business/Financial

On Sept 18 last year, Rep Jay Obernolte (R-Calif.) posted on X that he and Rep. Ken Calvert (R-Calif.), the chairman of the House Appropriations Committee’s defense panel, had recently […]

ExoAnalytic Solutions on Thursday said it has agreed to acquire United Kingdom-based startup 3S Northumbria in a deal that will enhance the company’s commercial space situational awareness capabilities. Terms of […]

Joby Aviation [JOBY], which is developing an electric vertical take-off and landing (eVTOL) aircraft as an air taxi service, on Tuesday said it has acquired the autonomy division of Xwing, […]

Kanders & Company on Monday said it has completed its $200 million acquisition three business units of L3Harris Technologies [LHX] used in the development and manufacture of antennas and test […]

While companies like RTX [RTX], Lockheed Martin [LMT], General Dynamics [GD] and Boeing [BA] remain top DoD weapon heavyweights, the Pentagon is taking a step to move beyond the traditional […]

The private equity firm Cerberus Capital Management last Thursday said it has acquired the Calspan hypersonic and defense test systems business from TransDigm [TDG] and will create a new portfolio […]

Marking a major expansion in the Defense Department’s premier effort to create greater battlespace awareness in near-real-time for its theater commands and key staff, the Chief Digital and Artificial Office […]

Boston-based Merlin Labs, Inc. said on May 30 that it is using data from flights of a KC-135 at MacDill AFB, Fla., “to better understand crew workload drivers and gather […]

Terran Orbital is making changes to its executive team, hiring a new COO, CFO, and chief accounting officer (CAO). The company said Wednesday that Peter Krauss will join Terran Orbital […]

Engine developer and manufacturer Ursa Major has hot-fired its new Draper liquid engine dozens of times since the first test in early March, a strong early endorsement of the performance […]