Aerospace Group:

Business/Financial

X-Bow Acquires Spencer Composites, Bringing Motor Case Supplier In-House

By Cal Biesecker

Tuesday, July 2nd, 2024

SHARE:

X-Bow Acquires Spencer Composites, Bringing Motor Case Supplier In-House

Static fire of X-Bow Systems' 32-inch Ballesta solid rocket motor. Photo: X-Bow Systems

Rocket developer and manufacturer X-Bow Systems on Tuesday said it has acquired Spencer Composites in a deal that brings in-house the company’s supplier of motor cases for hypersonic rockets. Terms of the acquisition, the first for X-Bow, were not disclosed. Founded in 1994, Spencer Composites is based in Sacramento, Calif., and has 26 employees, all of whom will be joining X-Bow along. Brian Spencer, who was president and CEO of Spencer Composites, joins X-Bow as operations technical principal and industry…

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]