Tag: Defense Industry
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Boeing Wins $2 Billion Space Force Contract for Next MUOS Military Communications Satellites
The U.S. Space Force has awarded Boeing a $2 billion contract to develop the next generation of Mobile User Objective System (MUOS) communications satellites as part of an effort to extend the operational life of the military’s narrowband satellite communications network. The contract supports Phase II of the MUOS Service Life Extension program and includes…
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Applied Aerospace & Defense Raises $650 Million in NYSE Debut
Applied Aerospace & Defense began trading on the New York Stock Exchange on Wednesday after launching an initial public offering of 32.5 million shares designed to raise approximately $650 million. The company was formed through the merger of aerospace suppliers Applied Aerospace and PCX Aerosystems, which were both previously owned by private equity firm Greenbriar…
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Avio Secures $65M U.S. Contract for Solid Rocket Motor Development
Avio announced on 6 March that it has secured a $65 million contract from Defense Systems and Solutions for the development, qualification and initial production of solid rocket motors for air defence applications. Defense Systems and Solutions is a joint venture between Yulista Integrated Solutions and Science and Engineering Services. The contract covers a three-year…
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L3Harris Sees 2026 Growth as Space Business Moves Into New Defense Segment
L3Harris Technologies said it expects a return to stronger growth in 2026 following a largely flat performance in its Space and Airborne Systems segment last year, citing an internal reorganization and improving program execution after disruptions caused by a U.S. government shutdown. In 2025, revenue in the Space and Airborne Systems (SAS) segment rose 1%…