Aerospace Group:

Business/Financial

Redwire Acquires Deployable Space Systems, Building Out Product Suite

By Cal Biesecker

Tuesday, February 23rd, 2021

SHARE:

Redwire Acquires Deployable Space Systems, Building Out Product Suite

Rendering of roll-out solar arrays integrated to Maxar Technologies' Ovzon 3 spacecraft. Image: Maxar, Ovzon and Proventus AB

Redwire on Tuesday said it has acquired Deployable Space Systems (DSS), a supplier of deployable solar arrays and other space structures in a deal that adds a new line of products to the fledgling space company. Terms of the deal were not disclosed. Redwire, which was formed last summer, is a portfolio company of the private equity firm AE Industrial Partners. DSS is the seventh acquisition by Redwire. “DSS has an unmatched reputation for innovative deployable space technologies and infrastructure,…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]