:

Business/Financial

Redwire Acquires Space Technology Company LoadPath

By Cal Biesecker

Tuesday, December 15th, 2020

SHARE:

Redwire Acquires Space Technology Company LoadPath

LoadPath's products include launch vehicle and payload adapters. Photo: Redwire

Redwire on Tuesday said it has acquired LoadPath, a space technology company specializing in payload adapters, deployable structures and thermal products, a deal that marks the fifth acquisition this year by the new company. Terms of the acquisition were not disclosed. Redwire, a portfolio company of the private equity firm AE Industrial Partners (AEI), was formed in June through AEI’s acquisition and merger of Deep Space Systems and Adcole Space. LoadPath, which is based in Albuquerque, N.M., adds new capabilities…

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]