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The Air Force Research Laboratory has released a synopsis of its planned $371 million indefinite-delivery/indefinite-quantity contract for the development and demonstration of a large-class air-breathing hypersonic missile designed to perform different missions. AFRL expects to issue in January a request for proposals for the Mayhem program aimed at...

Launch services provider Rocket Lab (Nasdaq: RKLB) has agreed to acquire space solar power technology developer SolAero Holdings for approximately $80 million in cash. Rocket Lab said Monday it expects to close the transaction in the first quarter of 2022 and the deal is in line with the company’s strategy of assembling a comprehensive portfol...

The U.S. Air Force is asking companies to review and provide feedback on a draft solicitation for the service branch’s follow-on contract for mission combat system and planning support work. Interested vendors have until Jan. 7 to submit their comments about presolicitation Mission Planning Support Contract IV documents, according to a notice ...

ManTech International (Nasdaq: MANT) has closed its $350 million cash acquisition of Washington, D.C.-based digital and systems engineering company Gryphon Technologies. The deal was first announced in November and ManTech said Friday the transaction brings in new programs, customers and skilled professionals for the company’s defense business...

The State Department has approved two foreign military sales agreements worth approximately $9.4 billion combined for frigate modernization support and four multimission surface combatant ships or future frigates that the government of Greece intends to procure. The FMS deal for four Hellenic Future Frigates is worth $6.9 billion and the transaction...

Matthew Bromberg, most recently president of the military engines business at Raytheon Technologies’ (NYSE: RTX) Pratt & Whitney subsidiary, has been appointed to serve as corporate vice president of global operations at Northrop Grumman (NYSE: NOC). He will assume his new position on Feb. 16 and will oversee Northrop’s programs, quality, su...

Harry Harris, a retired Navy admiral who formerly led U.S. Pacific Command, has joined the board of directors at L3Harris Technologies (NYSE: LHX). He previously promoted cybersecurity, cloud computing and 5G projects within the technology sector during his time as U.S. ambassador to South Korea, L3Harris said Friday. Harris supervised 400,000 civil...

General Atomics and the Department of Energy have completed negotiations regarding a financial award for an industry team to build a rare earth element separation and processing facility. The company said Thursday its electromagnetic systems business will lead the team that will construct and operate the REE demonstration factory as part of the 40-m...