It is now a given that solid rocket motor (SRM) demand remains far ahead of supply. What is not certain is that companies can deliver on their bulging orderbooks and what the financial returns will be long term.
L3Harris has been somewhat of a serial acquirer to build the company into one of the Pentagon’s top suppliers, but new CEO Sam Mehta is taking a somewhat different approach.
Sierra Space, the military and civil space spinoff of Sierra Nevada, on Oct. 26 announced the appointment of Daniel Gittsovich as chief financial officer.
The U.S. Army is reassessing its intelligence fleet as it clarifies plans for contractor-owned surveillance jets and advances the ME-11B HADES program.
The U.S. Army plans to bring a fleet of contractor-owned aircraft in house to continue flying reconnaissance missions as it stands up its own fleet of business jets for the role.
Shareholder lawsuits are surging against space and defense startups, as investors lose patience with pre-revenue firms repeatedly tapping markets for cash.
L3Harris Technologies has completed the PDR for 18 new satellites in development for the SDA's missile warning, tracking and defense-centric sat constellation.
Australia has declared initial operating capability for its Northrop Grumman MQ-4C Triton UAS and L3Harris MC-55A Peregrine electronic warfare aircraft,
The race to plug the gap in solid rocket motor production has been evolving, with the finish line moving farther and farther away and new questions emerging.
L3Harris Technologies has made a surprise leadership change, appointing Sam Mehta as its CEO and president after a review of conduct by Chris Kubasik triggered his abrupt departure from the company.
Lockheed Martin and L3Harris Technologies on Aug. 10 announced that they had completed a successful test for of the second stage solid rocket motor for the Next Generation Interceptor program.