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Textron Inc. [TXT] on Monday said that Lisa Atherton, chief operating officer (COO) at the company’s Bell segment, has been named president and CEO of the segment effective April 28, […]
The post Atherton Named To Lead Textron’s Bell Segment appe…
True Anomaly, Inc., a year-old company focused on space security, domain awareness, and training, on Thursday said it has raised $30 million in funding so far and plans to launch […]
The post Space Security Company True Anomaly Emerges From Shado…
NATIONAL HARBOR, Md.—Naval ship engine manufacturer, equipment and services provider Fairbanks Morse Defense (FMD) has begun a program to mentor, partner with and aid startup companies and small businesses that […]
The post Fairbanks Morse Defens…
NATIONAL HARBOR, Md.—Lockheed Martin [LMT], Raytheon Technologies [RTX] and small businesses Crescent Systems and Long Wave have joined prime contractor Northrop Grumman [NOC] in pursuit of the Navy’s new program […]
The post Northrop Grumman Ann…
BlueHalo on Monday said it has acquired Verus Technology Group, a small company that provides counter-unmanned aircraft system (C-UAS) products based on radio frequency and digital signal processing technologies. Terms […]
The post BlueHalo Adds …
HUNTSVILLE, Ala. — BAE Systems is moving portions of its production work to other facilities to ensure its York, Pennsylvania manufacturing site has expanded capacity to build the Army’s Armored […]
The post BAE Systems Details Moves To Expand AM…
The Justice Department last Friday said a federal grand jury has indicted three former Austal USA employees, including one time President Craig Perciavalle, for an accounting fraud scheme that misled […]
The post Three Former Austal USA Employees…
Leonardo DRS [DRS], reporting for the first time as a public company, on Tuesday posted higher earnings in its fourth quarter on improved program performance. Net income increased 12 percent […]
The post Leonardo DRS Posts Higher Earnings On Flat…
President Biden on Monday issued a presidential determination to the secretary of defense waiving certain requirements of the Defense Production Act (DPA) to address shortfalls in the industrial base for […]
The post Biden Issues Determination To…
Aerojet Rocketdyne [AJRD] on Monday said it has received a new contract from Lockheed Martin [LMT] to provide solid rocket motors and Divert and Attitude Control Systems (DACS) for the […]
The post Lockheed Martin Awards Contract To Aerojet Rocke…