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Business/Financial

Rocket Lab’s End-to-End Vision Comes Into Focus With ‘Transformative’ Iridium Deal

By Rachel Jewett

Monday, June 29th, 2026

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Rocket Lab’s End-to-End Vision Comes Into Focus With ‘Transformative’ Iridium Deal

Photo: Rocket Lab and Iridium

Rocket Lab’s [RKLB] vision to become an end-to-end space company came into full focus with a move to acquire Iridium Communications [IRDM] on Monday — taking the launcher and manufacturer into satellite communications and navigation services. “This will be one of the most transformative deals in the space industry,” Rocket Lab CEO Peter Beck told investors on Monday. “It combines Rocket Lab’s launch capability and satellite manufacturing with Iridium’s global satellite communications network and its rare spectrum. Rocket Lab will become…

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]

Congress

House Heads For Recess Without Moving On NDAA After Procedural Vote Fails

The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]