The buy is intended to position Motorola to capture “a multibillion-dollar, rapidly growing addressable market for drone and unmanned systems,” Motorola says.
Firefly Aerospace padded its financial coffers with $868 million through its Aug. 7 listing that saw the company close the day valued at almost $8.5 billion.
Rocket Lab is positioning itself as a one-stop shop for national security as it closes in on acquiring missile tracking satellite-maker Geost, the CEO says.
The U.S. Missile Defense Agency has reached the acceptance and certification phase of the latest update to its Standard Missile 6 Sea-Based Terminal system.
Europe's hope of reaching NATO's higher level of defense spending rests disproportionately with France and Germany, but a key potential obstacle is politics.
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