The Defense Innovation Unit issued the award as part of the department’s Space Test Program Rapid Agile Launch Initiative, which seeks commercial low-Earth orbit platforms with a payload capacity of between 1,000 pounds to 2,650 pounds, Relativity Space said Monday.
The DOD deal marks the Los Angeles-based aerospace company’s ninth launch service customer and third government transaction following its selection for NASA’s Venture Class Launch Services Demonstration 2 program in December.
Relativity Space, which aims to produce one rocket within 60 days, raised $500 million in a Series D funding round that was completed in November and led by Tiger Global Management.
Textron plans to separate its industrial segment from its aerospace and defense businesses. The Providence, Rhode Island-headquartered firm said Thursday…
OSIbeyond has introduced a compliance-as-a-service, or CaaS, offering designed to help defense contractors secure and maintain Cybersecurity Maturity Model Certification.…
Raytheon, an RTX business, has received a $206.2 million contract from the U.S. Navy to integrate advanced Global Positioning System capabilities into…
