Business/Financial

Arlington Capital Partners on Thursday said it has formed Keel Holdings, LLC, a vertically integrated manufacturer of complect structures for defense programs that is designed to meet customer needs for […]

The defense industrial base for directed energy weapons (DEWs) suffers from inconsistent demand, insufficient production capabilities, limited suppliers, reliance on China for certain rare metallic elements, and labor shortages, says […]

General Dynamics [GD] on Wednesday reported higher sales and earnings in its fourth quarter, although results across its operating segments were mixed. Net income rose a percent to $1 billion, […]

Lockheed Martin [LMT] on Tuesday posted flat earnings and a scant decline in sales in the fourth quarter, but the results were better than the company had forecast, leading to […]

Multi-year procurement (MYP) of key munitions is vital to rebuild U.S. stockpiles, Rep. Mike Gallagher (R-Wis.), said on Jan. 23. Gallagher chairs the House Select Committee on the Chinese Communist […]

A key takeaway from a recent meeting between the White House National Security Council (NSC) and executives from defense technology startups is that the White House wants to get new […]

Kaman Corp. [KAMN] last Friday said it has agreed to be acquired by the private equity firm Arcline Investment Management for $1.8 billion in cash, taking the nearly 80-year-old aerospace […]

NewMarket Corp. [NEU] on Wednesday said it has acquired AMPAC Intermediate Holdings, LLC for $700 million in cash from the private equity firm AE Industrial Partners, adding to its portfolio […]

HII [HII] on Wednesday said that Michael Lempke has been put in charge of the company’s business in Australia, including supporting the Australia-United Kingdom-United States (AUKUS) trilateral partnership. Lempke, who […]

Airbus Group’s helicopters segment this week said it has agreed to acquire Aerovel, a U.S.-based developer and manufacturer of the Flexrotor small tactical unmanned aircraft system (UAS) in a deal […]