Business/Financial
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Business/FinancialHoneywell To Acquire Italian PNT Company To Bolster Autonomous Capabilities
Honeywell [HON] on Wednesday said it has agreed to acquire Italy’s Civitanavi Systems S.p.A., a provider of position, navigation, and timing (PNT) technology to the aerospace, defense, and industrial markets, […]
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Business/FinancialFairbanks Morse Defense Acquires Fittings Manufacturer Supporting Navy
Fairbanks Morse Defense (FMD) on Tuesday said it has acquired AMMCON Corp., a small manufacturer of fittings and assembled components for Navy submarines and ships, a deal that expands FMD’s […]
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CyberAirbus Defence To Acquire German Cybersecurity Firm INFODAS
Airbus Group’s defense business on Monday said it has agreed to acquire Germany’s INFODAS, which provides cybersecurity and information technology solutions to the defense and critical infrastructure markets. Terms of […]
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Business/FinancialBoeing Shakes Up Senior Leadership Amid Commercial Woes
Boeing [BA] President and CEO Dave Calhoun on Monday said he will step down at the end of 2024, initiating a leadership transition as the aerospace and defense giant continues […]
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Advanced / Transformational TechnologyKratos’ Chief Suggests DoD Experiment With $5 Billion Annually To Buy Innovative Technologies Off-The-Shelf
The Defense Department should spend $5 billion annually over a three-year period to buy production-ready systems that almost, but do not quite currently, meet requirements to help innovative technology companies […]
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Business/FinancialLMI Acquires Federal Consulting Firm JJR Solutions
LMI on Wednesday said it has acquired JJR Solutions, a small business management consultancy serving federal clients, including Defense Department and the Department of Veterans Affairs. Terms of the deal […]
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Business/FinancialJ.F. Lehman Acquires Mission Microwave
The private equity firm J.F. Lehman & Company on Thursday said it has acquired Mission Microwave Technologies, a provider of solid-state electronics used in space-based, ground-based, maritime, and airborne applications […]
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Business/FinancialSEC Requires Public Companies To Disclose Certain Greenhouse Gas Emissions
The Securities and Exchange Commission (SEC) on Wednesday adopted final rules directing public companies to disclose certain greenhouse gas (GHG) emissions that are directly and indirectly related to their businesses, […]
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Business/FinancialLoitering Munitions Business Helps Propel AeroVironment To Record Third Quarter
AeroVironment [AVAV] on Monday reported record third quarter sales driven by its loitering munitions and unmanned systems products and the company is expecting more of the same in its next […]
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Business/FinancialTerran Mulls Lockheed Offer; Adopts Poison Pill Defense To Keep Options Open
Terran Orbital [LLAP] on Monday said its board is reviewing a non-binding offer from Lockheed Martin [LMT] to acquire the satellite company and adopted a shareholder rights plan that gives […]