Tag: Aerospace & Defense
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L3Harris Technologies Appoints Sam Mehta as CEO and Lewis Hay III as Board Chairman
L3Harris Technologies has announced that its Board of Directors has appointed Sam Mehta as President and Chief Executive Officer and a member of the Board. In addition, Lewis Hay III, L3Harris’ Lead Independent Director, has been named Independent Chairman of the Board. Christopher Kubasik has stepped down as Chairman and CEO and as a member of…
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Teledyne to Acquire Varex Imaging in $1.1 Billion All-Cash Deal
Teledyne Technologies Incorporated and Varex Imaging Corporation have jointly announced that they have entered into a definitive agreement under which Teledyne will acquire all of the outstanding common shares of Varex for $18.90 per share payable in cash. The aggregate value for the transaction is approximately $1.1 billion, taking into account Varex’s equity awards and…
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Starfighters Space Endorses Space Ready 2.0 Act to Modernize Shared NASA Facilities
Starfighters Space, the commercial space company operating the world’s only commercial fleet of flight-ready Mach 2+ supersonic aircraft, announced its support for the Space Ready 2.0 Act, introduced in the U.S. House of Representatives as H.R. 9651 by Congressman Mike Haridopolos (R-FL-8) and in the U.S. Senate as S. 4905 by Senator Ashley Moody (R-FL). The…
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Saber Astronautics Demonstrates Live Satellite Jamming at Space Symposium
Saber Astronautics announced the successful execution of the new SBMS Singularity Platform, coordinating live satellite jamming from the conference floor at the 41st Space Symposium. The demonstration, performed from Saber’s exhibit booth on April 16, showcased the ability to conduct live electromagnetic effects against a satellite link in real time, done in a controlled environment…
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Finland Announces Aerospace and Defence Capabilities in London
Finland brought together senior UK defence and aerospace stakeholders at the Finnish Ambassador’s Residence in London for a high-level strategic dialogue focused on Earth Observation (EO), Positioning, Navigation and Timing (PNT), and resilient space-enabled situational awareness. Hosted by the Embassy of Finland and opened by Finland’s Minister for Foreign Trade and Development of Trade, Ville…
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Cailabs Visits India to Strengthen Indo-French Space and Innovation Collaboration
As France and India launched the India-France Year of Innovation, Jean-François Morizur, CEO of deep tech leader Cailabs, is visiting India in February to reinforce the company’s commitment to the fast–growing Indo–French space and innovation ecosystem. Cailabs was invited to take the stage during the inaugural session, as part of a panel on Aerospace &…
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CesiumAstro Raises Funding to Expand Texas Manufacturing for National Security Missions
CesiumAstro, a global leader in space and defense communications systems and satellites, announced it secured a historic $200 million financing package from the Export-Import Bank of the United States (EXIM), in partnership with J.P. Morgan—the largest financing ever completed under EXIM’s “Make More in America” (MMIA) Initiative and one of the most significant government-backed investments…
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Redwire Phases Out Edge Autonomy Brand to Introduce New Structure for Faster Growth
Redwire Corporation, a global leader in space and defence technology solutions, announced the sunsetting of the Edge Autonomy brand and full assumption of uncrewed aerial systems (UAS) and associated defence technology offerings into Redwire branding. The unification of both space and defence technology capabilities under a single Redwire brand is being rolled out concurrently with…
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Starfighters Space Demonstrates Commercial Supersonic Flight in GE Aerospace Test Program
Starfighters Space, the innovative aerospace company, owner and operator of the world’s largest fleet of commercial supersonic aircraft, announced that it recently completed a successful supersonic flight test campaign for GE Aerospace, in which a Starfighters aircraft carried and flew an advanced propulsion test vehicle multiple times at supersonic speeds. This successfully completed campaign highlights…
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Kratos Awarded $30 Million in National Security Contracts for Air Defense and C5ISR Systems
Kratos Defense & Security Solutions, a leader in defense, national security and global markets, announced that it has recently received approximately $30 million in Air Defense and C5ISR system national-security-related, military-grade custom hardware production contracts. Kratos is an industry leader in the development, engineering, design, and large-scale production of military-grade hardware and integrated systems for…