Category: News

York Space Systems logo. York Space Systems has filed for a proposed initial public offering with the SEC.Announcements

York Space Systems Files for Initial Public Offering

York Space Systems has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed
Ben Wolff. The CEO of Palladyne AI commented on the launch of a new defense division.M&A Activity

Palladyne AI Launches Defense Arm Following Strategic Acquisitions

“Palladyne AI has formed an operating division focused on defense after acquiring GuideTech and two Crucis companies, Warnke Precision Machining
General Dynamics Electric Boat logo. The U.S. Navy awarded General Dynamics a contract for Columbia-class submarine hulls.Contract Awards

General Dynamics Subsidiary Lands $2.3B Navy Submarine Contract Modification

General Dynamics Electric Boat has received a $2.28 billion contract modification from the U.S. Navy for advance procurement and early construction
Meg Arminski, vice president of human resources at Chenega. Arminski brings to Chenega 20 years of HR leadership experienceExecutive Moves

Meg Arminski Joins Chenega as Vice President of Human Resources

Chenega Corp. has appointed Meg Arminski as vice president of human resources, succeeding Vicky Stuart, who is stepping down from
NASAMS. RTX subsidiary Raytheon booked an Army procurement contract for NASAMS fire units.Acquisition & Procurement

Raytheon Books $699M Army Contract for NASAMS Air Defense Tech

RTX subsidiary Raytheon has secured a $698.9 million contract from the U.S. Army to provide National Advanced Surface to Air
F-16 fighter jet in flight. Taiwan intends to purchase spare and repair parts for its fleet of F-16 Fighting FalconDOD

Taiwan Secures US Approval for $330M Aircraft Sustainment FMS

The Department of State has approved a potential foreign military sale to the Taipei Economic and Cultural Representative Office in
Homeland Security Secretary Kristi Noem and Executive Mosaic CEO Garrettson. Noem accepts Wash100 Award from GarrettsonNews

DHS Secretary Kristi Noem Accepts 2025 Wash100 Award

Executive Mosaic CEO Jim Garrettson presented the 2025 Wash100 Award to Homeland Security Secretary Kristi Noem at the Potomac Officers
Northrop Grumman logo. The Air Force awarded Northrop a contract to repair radar components used on allied F-16 fleets.Contract Awards

Air Force Awards Northrop $304M F-16 Radar Sustainment Contract for Eight Countries

Northrop Grumman has secured a $303.6 million indefinite-delivery/indefinite-quantity contract for the repair and return of radar components used on F-16
IonQ CEO Niccolo De Masi. IonQ plans to acquire Skyloom to enhance quantum computing, networking and sensing capabilities.M&A Activity

IonQ to Acquire Skyloom Global for Space-Based Quantum Expansion

Quantum computing firm IonQ has unveiled plans to acquire Skyloom Global, a Colorado-based developer of optical communication systems for space-based quantum networks.  The
RTX logo. Germany will buy SM-6 Block I and SM-2 Block IIIC missiles under a $3.5B U.S. FMS package.Foreign Military Sales

RTX to Supply Germany SM-6, SM-2 Missiles Under Potential $3.5B FMS

The Department of State has approved a potential $3.5 billion foreign military sale of Standard Missile 6 Block I and