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Lockheed Martin [LMT] and semiconductor manufacturer GlobalFoundries [GFS] on Monday said they are strategically collaborating to strengthen the U.S. industrial base for computer chips and bolster the defense contractor’s ability […]
The U.S. government last Friday issued a public advisory outlining the international threat from Iranian unmanned aerial vehicles (UAVs), in particular Iran’s provision of armed drones to Russia in that […]
Following recommendations last fall to the Department of Defense to modernize how the U.S. conducts its foreign military sales (FMS) program, a trio of defense trade associations on Thursday released […]
Firefly Aerospace, which is developing space launch vehicles, on Thursday said it has acquired Spaceflight Inc., a space services company that offers rideshares for satellites on different launch vehicles and […]
Shift5, a small company with a software platform that gives users visibility into the data on their operational technology such as weapon systems, tanks and aircraft, and other military and […]
Increasing defense spending worldwide will drive “tremendous growth” in the global defense industry over the next decade, says a report by the international professional services firm PricewaterhouseCoopers (PwC). Sales at […]
The investment firm KKR Corp. [KKR] on Monday said it has agreed to acquire flow control products supplier CIRCOR International [CIR] for $1.6 billion in cash. The acquisition has been […]
Science Applications International Corp. [SAIC] on Monday reported strong earnings in its first quarter of fiscal year 2024 driven by lower indirect, acquisition and integration costs, and a gain from […]
France’s Safran Group on Monday confirmed a media report that it is in discussions to acquire a business of Raytheon Technologies [RTX] that supplies flight control and other actuators for […]
The additive manufacturing company Fortify on Thursday said it has secured $12.5 million in funding from investors, including a second round from Lockheed Martin [LMT] and an investment from Raytheon […]