Business/Financial
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ArmyAs Army Explores New Requirements For Mobile Air Defense, Leonardo DRS Flexes
Leonardo DRS [DRS] this week showcased its integration prowess around mobile short-range air defense capabilities amid shifting Army requirements to best protect its maneuver forces against threats from small drones […]
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ArmyArmy Materiel Command Drawing On Private Sector To Transform Organic Industrial Base
The Army will host site visits at its depots and is planning pilot programs with industry, as the service seeks to leverage private sector expertise to modernize the organic industrial […]
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Business/FinancialGD And Lockheed Martin Break Ground On New SRM Facility With Production Set For 2028
General Dynamics [GD] and Lockheed Martin [LMT] last April broke ground on a new facility that will build thousands of tactical solid rocket motors (SRMs) beginning in 2028 to meet […]
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ArmyArmy To Manufacture Own Small, Cheap Drones To Meet Expanding Needs
The Army wants to use its depots to build parts for small, cheap, attritable unmanned aircraft systems to help fill a void in national production capacity, a service official said […]
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Business/FinancialKratos Says “Ragnarök” Low-Cost Cruise Missile Ready for Production
Kratos Defense & Security Solutions, Inc. [KTOS] said that it has developed the 500 mile range, 80-pound payload “Ragnarök” Low-Cost Cruise Missile. The latter is to have a maximum altitude […]
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Business/FinancialSigma Defense Acquires Aries Defense, Adding Capabilities For The Tactical Edge
Sigma Defense on Monday said it has acquired Aries Defense in a deal that strengthens its capabilities around software-defined all-domain command-and-control at the tactical edge. Terms of the deal were […]
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Business/FinancialGovini Raises $150 Million, Discloses Annual Sales Top $100 Million
The software firm Govini last Friday said it raised $150 million in an investment by Bain Capital that will accelerate product development and improvements, and allow it to hire more […]
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Business/FinancialStoke Space Says $510M Round Will Fund Nova Rocket Through First Flights
Launch startup Stoke Space has raised a $510 million Series D funding round, which the company says will fund its Nova rocket through the first flights. This is the company’s second funding […]
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Advanced / Transformational TechnologyForterra Acquires Tactical Radio Supplier goTenna To Bolster Communications For Autonomous Solutions
Ground vehicle autonomy developer Forterra on Thursday said it has acquired mobile mesh networking provider goTenna in a deal that allows the company to strengthen its communications capabilities for operating […]
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ArmyEpirus, GD Partner To Integrate High Power Microwave System On Tracked Robot
Answering the Army’s call to develop a mobile, maneuverable counter-drone solution, Epirus and General Dynamics [GD] are integrating the startup’s Leonidas drone-killing microwave system with GD Land Systems’ TRX robotic […]