Press Releases

Synetos Aerospace announces it has been selected by AFWERX for a SBIR Direct-to-Phase II contract in the amount of $1.25 million focused on further refining their flagship product, MedullOS: an AI-driven software-hardware solution that increases uncrewed aircraft safety and reduces operator workload. This solution is being developed to address the most pressing challenges in the Department of the Air Force (DAF). The Air Force Research Laboratory and AFWERX have partnered to streaml

GenNx360 Capital Partners ("GenNx360") announced today that its portfolio company, Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to the global aerospace and defense market, has completed the acquisition of ICON Aerospace (ICON) and TAG Aero (TAG), strategically expanding PAG's Avionics and Engine services capabilities. ICON Aerospace, headquartered in Indian Trail, North Carolina, is an FAA/CAA/EASA-approved repair statio

York Space Systems (York), the Denver-based aerospace company dedicated to the rapid deployment of complete space mission solutions, today announced the successful demonstration of propulsive orbit maneuverability capabilities with its Tranche 0 (T0) satellites, part of the Space Development Agency's (SDA) Proliferated Warfighter Space Architecture (PWSA). With this achievement, York has validated critical technologies required for collision avoidance, orbit raising, and de-orbit operatio

Silent Arrow today announced it has been selected by AFWERX for a SBIR Phase II contract in the amount of $1.25M focused on the Silent Arrow CLS-300 ("Contested Logistics System, 300nm Range") powered cargo drone to address the most pressing challenges in the Department of the Air Force (DAF). The Air Force Research Laboratory and AFWERX, have partnered to streamline the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) process by accelerating t

Drayton Aerospace Porto Alegre (POA), a global leader in civil, freight aviation Maintenance, Repair, and Overhaul (MRO), has selected EmpowerMX from IFS to plan, execute, and optimize its operations. This collaboration aims to enhance return on investment (ROI) and deliver transformative efficiency gains by optimizing the utilization of resources. Key benefits include predictive control over maintenance turnaround times, improved management of risk factors, and heightened customer satisfacti

BAE Systems has received a $177.8 million contract from the U.S. Navy for the maintenance and modernization of the Arleigh Burke-class guided-missile destroyer USS Halsey (DDG 97). The total value of the previously awarded undefinitized contract award could reach $225.5 million if all options are exercised. Under the Depot Maintenance Period (DMP) contract, BAE Systems' San Diego shipyard will dry-dock the 509.5-foot-long ship, perform underwater hull preservation work, enhance

Raytheon, an RTX business, has delivered the first AN/TPY-2 radar for the Kingdom of Saudi Arabia. The AN/TPY-2 is a missile defense radar that can detect, track and discriminate ballistic missiles in multiple phases of flight. This is the first AN/TPY-2 radar with a complete Gallium Nitride, or GaN, populated array in the system. GaN is a glasslike material that offers key advantages over other radio frequency semiconductors in energy efficiency, weight and power output. GaN techno

BAE Systems' prototype payload was successfully integrated onto the International Space Station (ISS) as part of a mission to demonstrate improvements in atmospheric temperature profiling and environmental monitoring capabilities, among other missions and technologies.   The payload launched in collaboration with the ISS National Laboratory and Airbus U.S. Space & Defense, Inc., which supplied the hardware facility for the mission. The payload arrived safely to the ISS

Drayton Aerospace Porto Alegre (POA), a global leader in civil, freight aviation Maintenance, Repair, and Overhaul (MRO), has selected EmpowerMX from IFS to plan, execute, and optimize its operations. This collaboration aims to enhance return on investment (ROI) and deliver transformative efficiency gains by optimizing the utilization of resources. Key benefits include predictive control over maintenance turnaround times, improved management of risk factors, and heightened customer satisfacti

The Department of the Air Force (DAF) awarded its first contract to determine whether a power plant using Geopressured Geothermal Systems (GGS) can generate the clean energy needed for a base to achieve energy resilience. The contract awards Sage Geosystems, Inc., a grant of $1.9 million and the company will match the grant with an additional $1.9 million for the demonstration project. Sage will construct the system at an off-site test well in Starr County, Texas, in 2025. It would be the fir

Arctop, a cognition company, announced today that it has been selected by AFWERX, the innovation arm of the Air Force, for a $1.25M Direct-to-Phase II SBIR contract focused on cognition-adaptive simulations to address the most pressing challenges in the Department of the Air Force (DAF). MetaTeq and BigBear.ai will serve as subcontractors. Arctop will use its brain-computer interface technology to enhance Air Force training and provide innovative capabilities to strengthen the national defens

AAR CORP. a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded a five-year indefinite delivery / indefinite quantity contract with an aggregate ceiling value of approximately $1.2 billion. By the U.S. Navy's Naval Air Systems Command (NAVAIR) to perform P-8A Poseidon depot airframe maintenance and depot field team support for the U.S. Navy, government of Australia, and foreign military sales (FMS) customers. T

Electra.aero, Inc. (Electra), a next-generation aerospace company redefining air travel by pioneering direct aviation, today announced successful flight demonstrations of its hybrid-electric Ultra Short prototype for military stakeholders. The demonstrations, held at Marine Corps Air Facility Quantico and at Felker Army Airfield at Joint Base Langley-Eustis in Virginia, showcased the aircraft's dual-use capabilities for logistics operations in austere environments. The Ultra Sho

Babcock, in partnership with Supacat, has been awarded a contract to build an additional 53 High Mobility Transporter (HMT) Jackal 3s for the British Army. The Jackal is the most versatile high-mobility weapons platform in its class, equally capable of reconnaissance, patrol and logistic tasks. It is designed by Supacat of Honiton; is British built and battle-proven in Afghanistan.  This new contract for a 6-wheeled ‘extenda’ variant will be known as the Jackal 3(E)

BlackSky Technology Inc. won the 2024 Novaspace Leading Earth Observation Business Award at World Space Business Week. BlackSky is recognized for excellence and innovation in Earth observation by delivering commercial real-time, space-based intelligence at mission speed and scale using high-cadence, rapid-revisit satellite imagery and AI-driven analytics. The annual WSBW awards recognize the most forward-thinking businesses and innovators shaping the future of the global space secto