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Business/Financial

Rocket Lab Adds Payload Capability With Acquisition Of Geost

By Cal Biesecker

Tuesday, August 12th, 2025

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Rocket Lab Adds Payload Capability With Acquisition Of Geost

Phoenix optical sensor. Image: Rocket Lab

Rocket Lab [RKLB] on Tuesday said it has completed its $275 million acquisition of Geost, a developer and supplier of optical sensors for spacecraft, in a deal that builds out Rocket Lab’s space technology portfolio. Transaction terms include a potential $50 million in additional acquisition payments based on Geost hitting future revenue targets. The deal was first announced in May (Defense Daily, May 27). Geost’s electro-optical and infrared sensors support missile warning and tracking, tactical intelligence, surveillance, and reconnaissance, Earth…

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]