Business/Financial
-
Business/FinancialBoeing Completes Acquisition Of Spirit AeroSystems; Establishes Spirit Defense
Boeing [BA] on Monday said it has completed its $8 billion acquisition of Kansas-based Spirit AeroSystems in a deal that gives it more control over its supply chain for major […]
-
ArmyBoeing Expects To More Than Triple PAC-3 Seeker Production In Three Years
If demand expectations hold true, Boeing [BA] by the end of 2028 or early 2029 anticipates more than tripling its current production rate of seekers it supplies for the Patriot […]
-
Business/FinancialNorthrop Grumman Conducts Static Test Of New SRM In Promontory
Northrop Grumman [NOC] on Thursday conducted a static test of a new solid rocket motor (SRM) in Promontory, Utah, under the company’s Solid Motor Annual Rocket Technology Demonstrator (SMART Demo) […]
-
SpaceWashington Harbour Partners Invests In Mission Solutions Firm Trusted Space
Washington Harbour Partners on Thursday said it has taken a “significant minority stake” in the space mission engineering company Trusted Space, an investment that will be put toward enhancing existing […]
-
Business/FinancialEarnings, Sales Fall In SAIC’s Third Quarter; Interim CEO Reagan Outlines Priorities
Science Applications International Corp. [SAIC] on Thursday posted top and bottom-line declines in its third quarter although the company increased its sales guidance due to new acquisition and its adjusted […]
-
Business/FinancialStalker XE Block 25 And Alta X 2.0 Drones Part Of Skunk Works Test Of Artificial Intelligence Re-Planning
Lockheed Martin‘s [LMT] Skunk Works division said on Thursday that it used artificial intelligence to demonstrate how one drone facing fuel problems could return to base while another unmanned aerial […]
-
Business/FinancialDavie Defense Completes Acquisition Of Texas-Based Shipyards
Davie Defense on Wednesday said it has completed its acquisition of Gulf Copper & Manufacturing Corp.’s shipbuilding assets in Texas, which will support the Coast Guard’s future Arctic Security Cutter […]
-
Business/FinancialApplied Aerospace And PCX Aerosystems Merge To Scale Aerospace Manufacturing Capabilities
Two aerospace suppliers, Applied Aerospace and PCX Aerosystems, are merging to create greater scale as a supplier of precision hardware and systems for aircraft, rotorcraft, satellites, launch vehicles, and missile defense. Both companies […]
-
Business/FinancialFTC Requires Boeing To Divest Certain Spirit Assets To Win Deal Approval
Boeing [BA] must divest certain assets of Spirit AeroSystems [SPR] and maintain the company’s position as a supplier to competitors for military aircraft programs to earn the federal government’s approval […]
-
Business/FinancialSaronic Invests $300 Million To Add Production Capacity To Louisiana Shipyard
Autonomous surface vessel developer and manufacturer Saronic on Wednesday said it is investing $300 million to add 300,000 square feet of production capacity to its shipyard in Franklin, La., to […]