business and finance

Navy To Extend Life Of 12 Destroyers And Three Cruisers

The Navy plans to extend the operations of 12 Flight 1 Arleigh Burke-class (DDG-51) destroyers and three Ticonderoga-class cruisers past their planned service lives to boost fleet numbers, the service […]




business and finance

Teledyne Acquires Electronics Company Micropac Industries

Teledyne Technologies [TDY] on Monday said it has acquired Micropac Industries [MPAD] in a $57.3 million deal that adds electronic components used in space, military, industrial, and medical applications. The […]




business and finance

BAE Nabs Contract For 10 Netherlands and Belgium Frigate Naval Guns

BAE Systems on Friday said it signed a contract with the Netherlands to provide eight new Bofors 40 Mk4 40mm naval guns for the Royal Netherlands and Belgian Navies. The […]




business and finance

Private Equity Firm Acquires Defense Engineering Firm From Trident Maritime Systems

The private equity firm J.F. Lehman & Co. on Monday said its portfolio company Trident Maritime Systems has sold its Hoffman Engineering company to another investment firm, Branford Castle Partners. […]




business and finance

Australia Cancels Satellite Effort With Lockheed Martin As Space Tech Advances

The Australian Ministry of Defence on Nov. 4 terminated its procurement activity with Lockheed Martin [LMT] for a single communications satellite in favor of pursuing multiple spacecraft that could provide […]




business and finance

Navigation Experts Urge Launch of Stored GPS Satellites with L5 Signal

The Global Positioning System (GPS) program, established in 1973, needs to launch four Lockheed Martin [LMT] GPS III satellites with the L5 signal in short order to help counter adversary […]




business and finance

Top Defense Appropriators, NatSec Lawmakers Locked In Key Races Heading Into Election Day

The Senate and House’s top defense appropriators are both facing tough election day matchups that could help determine the majority in either chamber and potentially reshape key “cardinal” spots atop […]




business and finance

BWX Technologies To Acquire Specialty Materials Business From L3Harris Technologies

BWX Technologies [BWXT] has agreed to acquire a specialty materials and manufacturing business from L3Harris Technologies ’ [LHX] Aerojet Rocketdyne segment for $100 million. The Aerojet Ordnance Tennessee, Inc. (AOT) […]




business and finance

U.S. Space Force Says It May Award Four PTS-G Contracts

The U.S. Space Force may award four companies Protected Tactical SATCOM-Global (PTS-G) contracts. “The government intends to competitively award up to four Indefinite Delivery Indefinite Quantity contract for PTS-G as […]




business and finance

Boeing Workers End Strike; Cash Flow Will Remain Negative Through 2025

Boeing’s [BA] machinists’ union members on Monday voted to end their 53-day strike that shut down production at the company’s commercial aircraft plants in the Pacific Northwest but the company […]




business and finance

Beck: DIU ‘Not Taking on Projects Anymore Where There’s Not a Pathway to Scale’

The Defense Innovation Unit (DIU) has personnel at combatant commands and other forward locations to aid in fielding front-line equipment requests, DIU Director Doug Beck said last Friday. “The whole […]




business and finance

State Department Approves $4.9 Billion Sale of E-7 Aircraft To South Korea

The State Department approved a potential Foreign Military Sale of $4.92 billion in Boeing [BA] E-7 Wedgetail Airborne Early Warning and Control Aircraft to South Korea. The Defense Security Cooperation […]




business and finance

Palantir’s Sales To DoD Up 21 Percent In Third Quarter

Palantir Technologies [PLTR] on Monday reported surging sales in its third quarter that included strong revenue from Defense Department contracts and the U.S. government overall. Sales to the DoD were […]




business and finance

Fincantieri And UAE Expand Naval Collaboration To Underwater Systems

Italy’s Fincantieri on Tuesday signed a memorandum of Understanding (MoU) with the United Arab Emirates’ EDGE Group to expand their cooperative work on naval systems to include underwater systems for […]




business and finance

Kongsberg Nabs Potential $329 Million Award To Build Turrets For Marines’ ACV-30

The Marine Corps has awarded Norway’s Kongsberg Defence & Aerospace a contract worth up to $329 million to build medium caliber remotely-operated weapon systems for the turreted variant of the […]




business and finance

Ingalls Chief Wilkinson To Lead Newport News, Blanchette To Run Ingalls

HII [HII] on Wednesday named Kari Wilkinson, currently president of the company’s Ingalls Shipbuilding segments, as the incoming president of its nuclear shipbuilding operations in Virginia effective Jan. 1, 2025. […]




business and finance

Commerce Dept. Seeks Input on Changes to Space Export Controls

The U.S. government recently released four rulemakings on space export control designed to strengthen private sector space activity and improve international collaboration. The Department of Commerce and Department of State released four space export control […]




business and finance

Saab Pitches Autonomous Control System For Naval Vessels

Sweden’s Saab pitched a new autonomous control system to be used for naval vessels during the Euronaval expo in Paris this month. The company said this new system, Autonomous Ocean […]




business and finance

U.S. Space Command’s Commercial Integration Cell to Grow Beyond 17 Companies

The U.S. Space Force said on Wednesday that it has added five companies to the U.S. Space Command Combined Space Operations Center’s (CSpOC) Commercial Integration Cell (CIC) at Vandenberg Space […]




business and finance

Teledyne To Acquire Two Acquire Two Aerospace And Defense Businesses From Excelitas

Teledyne Technologies [TDY] on Wednesday said it has agreed to acquire two business units from Excelitas Technologies Corp. for $710 million in cash, one based in the United Kingdom that […]




business and finance

Orca XLUUV Sub Tested In 48-Hour Run

Last month Boeing [BA] said its Orca Extra Large Unmanned Undersea Vehicle (XLUUV) finished a 48-hour endurance sailing run. During this exercise, the vehicle operated fully autonomously below the sea […]




business and finance

Navy Finishes PDR For E-2D DSSC-6 Update

The Navy on Wednesday announced it and Northrop Grumman [NOC] completed the Preliminary Design Review (PDR) on the newest set of improvements to the E-2D Advanced Hawkeye, the Delta System […]




business and finance

Trump Win, New Senate GOP Majority Set To Reshape Top Defense Committee Posts

In the wake of Donald Trump securing his second term as president, the GOP on election day also regained majority in the Senate with new leaders set to take over […]




business and finance

Bell To Keep Fuselage Production For Army’s FLRAA In Kansas

Bell [TXT] said on Wednesday it will keep production of the fuselage for the Army’s Future Long Range Assault Aircraft (FLRAA) in Wichita, Kansas, after taking on the assembly work […]




business and finance

NGA’s Munsell Aligning CAIO Efforts Against Agency’s AI Goals

Advocating for and ensuring his agency is investing in artificial intelligence capabilities is the “strong hand” that Mark Munsell will wield as the National Geospatial-Intelligence Agency’s (NGA) first AI chief […]




business and finance

US Launched Minuteman III ICBM With Three Test Warheads

The U.S. Space Force tested the intercontinental ballistic missile’s ability to strike targets with multiple warheads in a Minuteman III launch Tuesday at Vandenberg Space Force Base, Calif. According to […]




business and finance

Navy Works With General Atomics And Lockheed Martin To Demonstrate Drone Control Station

The Navy tested command and control of an unmanned aircraft using its Unmanned Carrier Aviation Mission Control Station (UMCS) for the first time this week in a demo using the  […]




business and finance

Trump Team More Than Two Months Late in Signing Transition MoU

The General Services Administration (GSA) on Aug. 27 sent a letter to former and current President-elect Trump at a P.O. Box in Arlington, Va.–a customary missive sent to all prospective […]




business and finance

Patriot Hits Missile Test Target While Integrated With New LTAMDS Radar

Last weekend a Lockheed Martin [LMT] Patriot Advanced Capability (PAC)-3 missile successfully intercepted a tactical ballistic missile (TBM) while integrated with RTX [RTX] Lower Tier Air and Missile Defense Sensor […]




business and finance

Kratos, L3Harris Successfully Fly Zeus Rocket Motors, Paving Way For Production

Kratos Defense & Security Solutions [KTOS] in late October successfully completed the first flight of a two-stage stack of solid rocket motors (SRMs), validating performance objectives to allow the Zeus […]




business and finance

Trump Likely To Push For Increase To NATO Burden Sharing Requirement: Analysts

As NATO countries assess how a second Trump administration will approach alliance priorities, analysts on Thursday said the president-elect could look to push increasing the burden sharing requirement to have […]




business and finance

BlackSky Acquires Full Stake in LeoStella Ahead of Gen-3 Constellation

Ahead of launching the first satellites in its Gen-3 constellation upgrade, BlackSky [BKSY] fully acquired small satellite manufacturer LeoStella. BlackSky announced the move in its third quarter investor call on Nov. […]




business and finance

U.S. Space Force Examining Follow-On Support for WGS and DSCS

The U.S. Space Force is seeking industry feedback by Dec. 2 to help the service determine an acquisition strategy for Commercial and Military Satellite Communications Operations Support (COSMOS)–a future follow-on […]




business and finance

Kratos’ DeMarco Bullish On What Trump, With Help From Musk, Means For Startups And Non-Traditional Defense Companies

A second Trump administration committed to cutting federal spending could mean very good things for non-traditional defense companies and startups because of a focus on affordability, Eric DeMarco, the president […]




business and finance

Defense Watch: NGA AI Strategy, UKR Aid, ACV-30, More ASTs

NGA AI Strategy. Mark Munsell, the chief artificial intelligence officer at the National Geospatial-Intelligence Agency, expects his agency to publish a new AI strategy in 2025 given how fast the […]




business and finance

DoD Awards New CHIPS Funds To Microelectronics Commons Hubs

The Defense Department last Friday said it has awarded $148 million that will go to its eight regional hubs under a program designed to bolster domestic microelectronics innovation and production. […]



  • Advanced / Transformational Technology

business and finance

New Team Forms To Compete For CVN-75 Carrier Dismantlement

A pair of companies with experience dismantling maritime vessels and nuclear facilities, respectively, are teaming up to compete on the dismantlement of decommissioned U.S. Navy aircraft carrier, starting with the […]




business and finance

Army Awards Repkon USA Potential $435 Million Deal To Build New TNT Factory In Kentucky

The Army has awarded Repkon USA a contract worth up to $435 million to build a new TNT production facility in Graham, Kentucky, the service said on Friday. The contract […]




business and finance

AUV Startup Vatn Systems Raises $13 Million In Seed Round That Includes Lockheed, RTX, And SAIC

Vatn Systems, a startup developing autonomous underwater vehicles (AUVs) for U.S. and allied military customers, on Tuesday said it has raised $13 million in seed funding to further expand its […]




business and finance

India’s JSW Group To Invest $90 Million In Shield AI, Manufacture V-BATs

Indian conglomerate JSW Group will invest $90 million in U.S. startup Shield AI over the next two years to license and manufacture the small company’s V-BAT unmanned aircraft system (UAS) […]




business and finance

Autonomous KC-135 Flight Testing May Begin Next Year

Flight testing of an autonomous KC-135 Stratotanker may begin next year. Boston’s Merlin Labs, Inc. and the U.S. Air Force’s 6th Air Refueling Wing at MacDill AFB, Fla., have been testing […]




business and finance

Textron Nabs $394 Million Mod For Nine More SSC Landing Craft

The Navy on Nov. 8 awarded Textron Systems [TXT] a $394 million modification to build nine more Ship to Shore Connectors (SSC) hovercraft. The SSCs are 100-class Landing Craft Air […]




business and finance

Firefly Closes $175 Million Funding Round To Scale Production, Accelerate MLV Development

Firefly Aerospace has raised $175 million in new venture capital that will help it boost production of a multi-mission orbital vehicle and its small lift rocket, and accelerate hardware qualification […]




business and finance

Trump Picks HASC Member, China Hawk Mike Waltz As National Security Adviser

President-elect Donald Trump has selected Rep. Mike Waltz (R-Fla.), a member of the House Armed Services Committee, to serve as national security adviser in his next administration. Waltz, a former […]




business and finance

House’s Top Defense Appropriator Calvert Projected To Win Reelection

Rep. Ken Calvert, the House’s top defense appropriator, is projected to narrowly win his reelection bid following a competitive race. While final control of the House in the next Congress […]




business and finance

Trump Picks Fox News Host Pete Hegseth To Be Defense Secretary

President-elect Donald Trump announced on Tuesday evening he has selected Fox News host Pete Hegseth to serve as his defense secretary. Hegseth, an Army veteran, is a surprise pick that […]




business and finance

EPA Issues Highly Anticipated Rule on HFC Phasedown

EPA issued a final rule establishing a comprehensive program to cap and phase down the production and consumption of climate-damaging HFCs in the United States.




business and finance

How to Future-Proof HVAC Systems to Meet Efficiency and Carbon Emission Goals

The major drivers of future-proofed HVAC systems are efficiency, resiliency, electrification, and grid-interactivity.




business and finance

GreenChill Program Announces 2021 Winners

GreenChill Partners in the food retail industry commit to reduce refrigerant emissions and decrease their impact on the environment.




business and finance

HVAC Industry Helps Customers Reach Their ESG Goals

ESG funds are experiencing a record year, as more investors, such as pensions fund managers, are making it a top priority when deciding where to put their money.