Business/Financial
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Business/FinancialLiDAR Satellite Startup NUVIEW Acquires Astraea To Strengthen Imagery-Based Analytics
NUVIEW, a startup developing commercial LiDAR satellites for global 3D mapping, has acquired Astraea, which provides a software-as-a-service platform to provide analytics insights from satellite, aerial, and drone imagery. Terms […]
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Business/FinancialFluor Posts Fourth Quarter Loss
Earnings fell at Fluor [FLR] in the fourth quarter, which the engineering and construction company, active in the Department of Energy nuclear weapons complex, attributed Tuesday to a legal settlement […]
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InternationalSouth Korea Renews PBL Contract with Pratt & Whitney for F-15, F-16 Engine Sustainment
South Korea’s Defense Acquisition Program Administration has awarded RTX‘s [RTX] Pratt & Whitney a $355 million performance-based logistics (PBL) contract to sustain the F100 engine for the country’s F-16 and […]
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Business/FinancialBAE Set To Close Ball Aerospace Acquisition After Receipt Of Regulatory Approvals
BAE Systems in the coming days will close its $5.6 billion acquisition of Ball Aerospace after receiving all required regulatory approvals, the company said on Wednesday morning. Ball Aerospace will […]
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Business/FinancialLeidos Posts Strong Fourth Quarter On Broad Gains
Leidos [LDOS] on Tuesday reported strong fourth quarter earnings and sales as the bottom-line benefitted from gains across its operating segments. Net income increased 28 percent to $230 million, $1.66 […]
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Business/FinancialBlueHalo To Acquire Defense Technology Company Eqlipse Technologies
BlueHalo on Tuesday said it will acquire Eqlipse Technologies in a deal that will add talent, technologies, and scale. Terms of the pending deal, which is expected to close during […]
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Business/FinancialMaxar Intelligence Names Former Google, Apple Exec Arvind Srinivasan as New CTO
Maxar Intelligence has named former Google [GOOG] and Apple [AAPL] executive Arvind Srinivasan as the company’s new chief technology officer. At Google, Srinivasan oversaw the commercialization of the Google Maps Engine cloud platform, […]
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Business/FinancialAnduril Launches Iris Airborne Sensor Family For Autonomous Target Detection And Tracking
Anduril Industries on Thursday said it has launched a new family of passive airborne imaging and targeting sensors it calls Iris that can detect, track, and discriminate targets in all […]
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Business/FinancialDoD Extends Contract With ACMI To Strengthen Industrial Base For Chemicals
ACMI Federal on Thursday it has received a $15 million contract extension from the Defense Department to expand a pilot program designed to strengthen the defense industrial base for chemicals. […]
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Advanced / Transformational TechnologyAI Image Processing Startup Synthetaic Gets $15 Million In New Investments
Synthetaic, which has developed a field-proven artificial intelligence tool that rapidly searches for images in datasets without labeling, on Tuesday said it has raised $15 million in a new funding […]