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Business/FinancialLockheed Martin Ventures Leads Investment Round In X-Bow Systems
X-Bow Systems, a startup developing rockets and solid rocket motors, has closed an interim funding round let by Lockheed Martin’s [LMT] venture arm that the small company will use to […]
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ArmyFollowing Successful Qualification Test, Army Nears Acceptance Of First PrSM Missiles
The Army is nearing acceptance and fielding of the initial Lockheed Martin [LMT] -built Precision Strike Missiles (PrSM), which follows a successful first production qualification test with the new weapon. […]
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SpaceKratos Receives Contract Worth Up to $579 Million for Control of Military Communications Satellites
This month, the U.S. Space Force’s Space Systems Command (SSC) said that it awarded Kratos [KTOS] a contract worth up to $579 million for the control of military communications satellites under […]
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SpaceNorthrop Grumman Completes CDR for the SDA’s Tranche 1 Tracking Layer
Northrop Grumman [NOC] recently completed its critical design review (CDR) for 16 missile tracking satellites that will be part of the Space Development Agency’s (SDA) Tranche 1 Tracking Layer. Now […]
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Business/FinancialLockheed Martin Ventures Invests In Digital Manufacturing Startup Launchpad.Build
Lockheed Martin [LMT] on Wednesday said its venture unit has invested in Launchpad.build, a small startup focused on using artificial intelligence and simulation for agile on-demand, low volume production runs […]
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Navy/USMCWittman And Courtney ‘Bullish’ AUKUS Legislation Will Pass, Australia Must Hit Milestone Before SSN Sales
Two high level members of the House Armed Services Committee on Tuesday said they are “bullish” that Congress will ultimately pass legislation enabling key elements of the tripartite AUKUS deal […]
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InternationalU.S. OKs Potential $650 Million Deal With South Korea for SM-6 Missiles
The State Department has approved a potential $650 million deal with South Korea for the sale of 38 SM-6 Block I missiles. The new Foreign Military Sale approval arrives after […]
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Business/FinancialGE Announces Board Members For Aerospace Company
General Electric [GE] on Tuesday announced the future board of directors for GE Aerospace with current GE Chairman and CEO H. Lawerence Culp retaining the same roles at the aerospace […]
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Air ForceKendall: Sentinel Program ‘Struggling A Little Bit’
U.S. Air Force Secretary Frank Kendall said on Nov. 13 that, of the two service legs of the triad, he is more concerned about the Northrop Grumman [NOC] LGM-35A Sentinel […]
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ArmyArmy To Have First Three CH-47F Block IIs By Mid-2024, As Boeing Eyes Milestone C Decision Soon
The Army is set to have the first three CH-47F Block II Chinook heavy-lift helicopters by around mid-2024, according to Boeing [BA], with the company still expecting a Milestone C […]
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