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Business/Financial

Ex-Lockheed CFO Malave Heads To Boeing For Top Financial Job


14 seconds ago by Cal Biesecker
@calvinb21

Jay Malave, who abruptly left Lockheed Martin [LMT] in April as their chief financial officer (CFO), will join Boeing [BA] in the same role in August. Malave on Aug. 15 […] ...

HII Looks To Accelerate Shipbuilding With C3.ai Partnership


49 minutes ago by Rich Abott
@ReaderRabott

U.S. Navy shipbuilder HII [HII] and enterprise AI application software company C3.ai, Inc. [AI] announced the expansion of their partnership aimed at accelerating shipbuilding throughput. In a Monday announcement, the […] ...

TransDigm To Acquire Simmonds Business From RTX For $765 Million


2 hours ago by Cal Biesecker
@calvinb21

TransDigm Group Inc. [TDG] on Monday said it has agreed to acquire the Simmonds Precision Products business from RTX [RTX] for $765 million, a deal that is in line with […] ...

U.S. Space Force Requests $277 Million for MILNET, Halts Tranche 3 of Transport Layer


4 days ago by Frank Wolfe

The U.S. Space Force’s fiscal 2026 budget request provides $277 million for the MILNET proliferated low Earth orbit (pLEO) constellation and halts funding for the Space Force Space Development Agency’s […] ...

Startup Developing Reusable Satellite Bus Emerges From Stealth


4 days ago by Cal Biesecker
@calvinb21

Lux Aeterna on Wednesday emerged from stealth and announced a $4 million pre-seed funding round that will go toward a demonstration mission in 2027 for launching a satellite that will […] ...

AeroVironment Posts Strong Fourth Quarter, Sees More Of the Same In New Year


4 days ago by Cal Biesecker
@calvinb21

AeroVironment [AVAV] on Tuesday evening reported strong fourth quarter results driven by record revenue and a handsome bottom-line. Sales in the quarter grew 40 percent to a record $275.1 million […] ...

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  4. U.S. Space Force Requests $277 Million for MILNET, Halts Tranche 3 of Transport Layer
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