Business/Financial
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Advanced / Transformational TechnologyGhost Shark Autonomous Submarine A ‘Mothership’ For Other Autonomous Systems
A new stealthy, autonomous submarine being developed by Anduril Industries for Australia’s navy has been designed with a software-first approach that will leverage the company’s artificial intelligence-based operating system and […]
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Business/FinancialPrivate Equity Firm, Special Aerospace Service Create Space And Defense Technology Platform Company
Godspeed Capital and Special Aerospace Services (SAS) have partnered to create a platform company under the SAS brand that is focused on new space, hypersonics, and missile defense technology and […]
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Business/FinancialAnduril Partners With Hyundai On Autonomous Naval Systems
Anduril Industries last Saturday said it has entered a strategic partnership with South Korea’s HD Hyundai Heavy Industries that will leverage the U.S. defense startup’s expertise in autonomy and artificial […]
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Business/FinancialAccenture Federal Acquires IT Solutions Provider Cognosante
Accenture Federal Services on Monday said it has agreed to acquire Cognosante, a provider of digital transformation and cloud modernization solutions for federal agencies. Terms of the deal, which is […]
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Business/FinancialKanders & Company To Acquire Antenna And Test Equipment Businesses From L3Harris
The investment firm Kanders & Company last Friday said it has agreed to acquire three businesses for $200 million from L3Harris Technologies [LHX] involved in antennas and test equipment, which […]
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Business/FinancialTerran Orbital Grows Revenue 44% in 2023, Regains Listing Compliance
Terran Orbital [LLAP] grew revenue in 2023 by 44% compared to 2022, but the company posted a net loss larger than its revenue. Terran Orbital issued its full year results […]
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Business/FinancialSouth Korea’s Hanwha Group Makes Unsolicited Offer For Australian Shipbuilder Austal
Australian shipbuilder Austal, which also has operations in the U.S., on Tuesday confirmed it has received an unsolicited acquisition offer from South Korean multi-industrial conglomerate Hanwha Group but said it doubts […]
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Advanced / Transformational TechnologyLockheed Martin Makes Venture Investment In Space Propulsion Company Helicity
Helicity Space, a small startup developing fusion space propulsion and power technology, on Tuesday said it has received an investment from Lockheed Martin Ventures that will be used to advance […]
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Business/FinancialJaramillo Out as Jacobs CFO
Claudia Jaramillo, Jacobs Solutions’ chief financial officer, will leave the Dallas-based company effective April 15 after less than a year in the job, the company said Monday in a regulatory […]
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Unmanned SystemsChesapeake Technology Acquires Small Developer Of UAS, Edge Communications Capabilities
Chesapeake Technology International Corp. (CTI) on Monday said it has acquired Asymmetric Technologies, LLC, a small developer and supplier of open architecture capabilities for unmanned aircraft systems (UAS) and edge […]