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Firefly Aerospace has finalized its $855 million acquisition of national security technology company SciTec, combining cash and stock as payment to SciTec’s owners. The deal, first announced in October, is part of Firefly’s efforts to expand its space and defense capabilities, including launch, ground and in-orbit mission services, for n...

Intuitive Machines, provider of space technology and infrastructure services, has agreed to acquire Lanteris Space Systems, formerly Maxar Space Systems, from Advent International for $800 million. The transaction, which consists of $450 million in cash and $350 million in stock, is expected to close in the first quarter of 2026, Intuitive Machines ...

Cubic Defense has appointed Tammy Schmidt, who brings more than two decades of industry experience, as vice president and general manager of advanced training solutions. In a LinkedIn post published Tuesday, Cubic Defense stated that Schmidt will provide guidance on enhancing its air combat training programs and developing advanced systems...

Software investment firm Thoma Bravo has completed its $10.55 billion acquisition of portions of Boeing’s digital aviation solutions business, including Jeppesen, ForeFlight, AerData and OzRunways.  Boeing said Monday the all-cash transaction enables it to strengthen its capital structure and focus on its core business, including its reta...

AI is revolutionizing how the Department of Homeland Security performs its core mission: protecting the nation from its adversaries. By integrating advanced AI tools into missions such as threat detection, cybersecurity, border security and emergency response, the DHS is enhancing its ability to anticipate, identify and counter adversarial actors in...

Conti Federal Services, a construction and design-build firm, has received a $97.3 million contract from the U.S. Army Corps of Engineers’ Pacific Ocean Division, Honolulu District, to build company operations facilities at South Range Schofield Barracks in Hawaii. What Is the Scope of Conti Federal’s Design-Bid-Build Military Const...

American Rheinmetall has named Mike Milner as CEO of its munitions business and Chris Haag as vice president for business development and strategy. The appointments aim to strengthen the company’s presence in North America, the defense firm said Thursday in a LinkedIn post. Who Is Mike Milner? Milner brings more than 35 years of defense...

Boeing’s defense, space and security, or BDS, business reported $6.9 billion in fiscal 2025 third-quarter revenue, up 25 percent from the prior-year period, and an operating margin of 1.7 percent. In its earnings report published Wednesday, Boeing said the BDS segment ended the third quarter with a backlog of $76 billion, with 20 percent of...