Finland-based Iceye has closed an $87 million series C financing round to complete its planned 18-satellite constellation of synthetic aperture radar (SAR) microsatellites and to build a U.S. manufacturing and engineering hub.
Textron Aviation avoided a strike by its hourly workforce when members of the International Association of Machinists and Aerospace Workers accepted the company’s final offer of a new four-year labor contract on Sept. 19.
Cubic, a military training and command, control, computers, communications, intelligence, surveillance and reconnaissance (C4ISR) services provider, has adopted a so-called poison pill to ward off a potentially hostile takeover attempt by activist hedge fund Elliott Management.
Dutch industry has benefited from an additional $19 million in contracts since Turkey’s suspension from the F-35 program, a national report has confirmed.
The U.S. Space Force has awarded Northrop Grumman a $298 million contract to rapidly prototype the payload for the Evolved Strategic Satellite Communications program that will ultimately replace the Advanced Extremely High Frequency system.
Over more than three decades, the Commemorative Air Force Wings Over Houston Airshow has allowed patrons to stroll among exhibits of vintage World War II aircraft as well as the military’s latest fighters.
OneWeb has renegotiated its contract with Arianespace and plans to resume launching its broadband satellite network in December, pending court approval of its Chapter 11 reorganization plan.
Austria has selected the military version of Leonardo’s AW169 twin-engine intermediate light helicopter to replace its fleet of 1960s-era Aerospatiale Alouette III.
A standard timeline for awarding an MQ-9 contract after an acquisition decision was 380 days, or 12.5 months, but now the terms have been pre-negotiated.
Boeing has a successor supplier program to its infamous Partnering for Success (PFS), but it is not picking up much traction yet, according to one new industry survey.
General Atomics Aeronautical Systems debuted its MQ-9 Block 5 Ghost Reaper concept at the U.S. Air Force’s largest trade show, rebranding the counterinsurgency platform to fit the service’s vision for the Advanced Battle Management System.