Aerospace Group:

Business/Financial

Kratos And RAFAEL Partner To Join Growing Field Of Rocket Motor Makers

By Cal Biesecker

Wednesday, February 26th, 2025

SHARE:

Kratos And RAFAEL Partner To Join Growing Field Of Rocket Motor Makers

A large solid rocket motor built by L3Harris lifts the Kratos' Zeus rocket system from Wallops Island facility during first successful flight. in 2024. Photo: Kratos

Kratos Defense & Security Solutions [KTOS] and Israel’s RAFAEL Defense Systems on Wednesday said they have formed a joint venture to become a U.S.-based merchant supplier of solid rocket motors (SRMs), joining a crowding field of legacy and startups vying to meet Defense Department demand that exceeds current supply. Prometheus Energetics, an “approximate 50-50” partnership, will be based on a 500-acre site near a Navy and Army facility in Crane, Ind. The companies are contributing a combined $175 million to…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]