Business/Financial

The private equity firm Arlington Capital Partners on Thursday said it has formed Kinetic Engine Systems, a supplier of precision aerospace engine components for commercial and defense markets. Kinetic Engine […]

Cadre Holdings [CDRE] in late December said it has agreed to acquire ICOR Technology, a small Canadian developer and manufacturer of ground robotic platforms for public safety and military applications. […]

Satellite developer and manufacturer Terran Orbital [LLAP] said it received a long-awaited payment from Rivada Space Networks and expects additional milestone payments from the company this year. Terran also said […]

Shield AI last Friday said it has raised an additional $300 million in venture capital that will be used to accelerate the deployment of its artificial intelligence pilot software on […]

Exiger on Wednesday said the company has agreed to receive a majority investment from the private equity firm Carlyle [GG] and Insight Partners, which invests in software and high-technology companies, […]

Commercial remote sensing satellite and data provider HawkEye 360 on Monday said it acquired the RF Solutions business from Maxar Intelligence, a deal that adds two existing radio frequency satellites […]

RTX [RTX] on Thursday said that Chris Calio, president and chief operating officer (COO), will become CEO of the aerospace defense giant on May 2, 2024, succeeding Greg Hayes, who […]

Defense contractors will not have to disclose their greenhouse gas (GHG) emissions as a condition of receiving a contract, at least for a year, congressional authorizers say in their annual […]

Boeing [BA] on Thursday said that Chris Raymond has been named president and CEO of the company’s $18 billion Global Services segment, succeeding Stephanie Pope, who was previously announced as […]

L3Harris Technologies [LHX] over the next three years projects to go from a $19 billion-plus company this year to $23 billion in sales in 2026 while also increasing operating margins […]