Aerospace Group:

Business/Financial

Rocket Lab to Acquire Satellite Hardware Company Sinclair Interplanetary

By Vivienne Machi

Monday, March 16th, 2020

SHARE:

Rocket Lab to Acquire Satellite Hardware Company Sinclair Interplanetary

Integration of NRO Birds of a Feather mission on Rocket Lab's Electron space vehicle. (Photo: Rocket Lab)

Rocket Lab has reached an agreement to acquire Sinclair Interplanetary, a Toronto-based satellite hardware company, the small satellite launch company said March 16. “By combining the experience and capabilities of both companies, Rocket Lab will deliver reliable and flexible satellite and launch solutions that enable customers to do more, spend less and reach orbit faster,” Peter Beck, Rocket Lab founder and CEO said in a press release. The financial terms of the acquisition have not been disclosed, but Rocket Lab…

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 […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]