Business/Financial
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Business/FinancialDigital Manufacturer Divergent Technologies Raises $290 Million In Funding Round
Divergent Technologies, which provides the aerospace, defense, and automotive industries with an end-to-end digital manufacturing platform, has raised $290 million in a new funding round to scale manufacturing capacity and […]
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Business/FinancialNavy Industrial Base Program Partners With Nikon On Large Format 3D Printing System
Nikon Advanced Manufacturing Inc. on Monday said it has received funding from the Navy Maritime Industrial Base program to add its first ultra-large format laser-powder bed fusion metal additive manufacturing […]
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Business/FinancialMachinists Reject Boeing’s Latest Offer, Continuing Strike
A union strike at Boeing’s [BA] defense operations around St. Louis, Mo., continues after local machinists last Friday voted against the company’s latest contract offer. Boeing said that “no further […]
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Business/FinancialRedwire Opens New Facility To Support Space-Based Defense
Redwire [RDW] on Thursday said it has opened a new 15,000 square-foot facility in Albuquerque, N.M., that will focus on rapid development of space-based defense systems. The Firestone Rapid Capabilities […]
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Business/FinancialBoeing Machinists In St. Louis To Vote Friday On Latest Contract Offer
Union defense workers at Boeing’s [BA] St. Louis area operations will vote Friday on the company’s latest labor agreement, which proposes higher average wages and a longer contract term. If […]
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Business/FinancialUrsa Major Developing New Solid Rocket Motor Test Site
Ursa Major on Wednesday said it has broken ground on a new 400-acre site where it will test and qualify large-scale solid rocket motors (SRMs) for current and future missiles, […]
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Business/FinancialAV Swings To Loss In First Quarter On BlueHalo Deal As Sales Soar
AeroVironment [AVAV] on Tuesday reported a net loss in its fiscal year 2026 first quarter due to costs associated with the recent acquisition of BlueHalo, a deal that also helped […]
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Advanced / Transformational TechnologyLockheed Martin, BAE Systems Advanced R&D Groups Partner On Autonomous Aircraft Systems
Lockheed Martin [LMT] and Britain’s BAE Systems on Tuesday said their respective advanced research and development (R&D) organizations are partnering on the development of cost-effective, modular uncrewed autonomous air systems […]
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Unmanned SystemsAIRO, Ukraine’s Nord Drone, Plan On Joint Venture To Scale Production, Increase Offerings
AIRO Group Holdings [AIRO] and Ukrainian combat drone manufacturer Nord Drone Group plan to create a joint venture that will enable U.S.-based AIRO to expand its unmanned aircraft systems (UAS) […]
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Navy/USMCAustal Signs Outsourcing Agreement With Master Boat Builders
Austal USA entered into a strategic outsourcing agreement with Master Boat Builders, Inc. that they billed as a way to increase the shipbuilding industrial base capacity and accelerate delivery for […]
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