Press Releases

X-Bow Systems Inc. the nation's leading non-traditional producer of advanced manufactured solid rocket motors and hypersonics technologies, today announced the successful completion of the initial close of its Series B financing, raising over $70 million. This private capital will accelerate the rapid growth of its hypersonic-capable vehicles, strategic and tactical scale solid rocket motor programs, and completion of its Luling, TX gigafactory campus. The company will also be expanding i

Exolaunch, the global leader in launch mission management, integration, and satellite deployment services, proudly announced the successful deployment of four satellites aboard Arianespace’s Ariane 6 maiden flight. The liftoff occurred on Tuesday, July 9 at 1600 GFT from the Guiana Space Centre, also known as Europe's Spaceport, in Kourou, French Guiana. Representing customers ESA, NASA, and Spacemanic, this mission highlights Exolaunch’s crucial role in broadening access to s

Leidos a Fortune® 500 innovation company, has been awarded the Medicaid Enterprise Systems Integrator contract by North Dakota Health and Human Services. Leidos will provide systems integration support to transition North Dakota's existing Medicaid Management Information Systems to an integrated, scalable, and secure modular system. "Transitioning North Dakota's legacy Medicaid systems to a modern system will help provide a better healthcare experience for patients,

Spire Global, Inc. a global provider of space-based data, analytics and space services, was awarded a CA $1.41 million contract by the Government of Canada  for the provision of global automatic identification system ship tracking data. The one-year contract includes options for two additional years, extending the total potential contract value to nearly CA $4.23 million. “We are proud to continue our partnership with the Government of Canada, providing them with our AIS

ICEYE, the global leader in Synthetic Aperture Radar satellite operations for Earth Observation, and the Ministry of Defense of Ukraine have signed a Memorandum of Cooperation to further strengthen their cooperation in remote sensing of the Earth in the interest of Ukraine's national security and defense. The Memorandum of Cooperation builds on ICEYE's unwavering support for the Government of Ukraine since 2022. In the Memorandum,  ICEYE continues to constantly ensure t

Snap-on Incorporated will release 2024 second quarter and six-month results prior to the market open on Thursday, July 18, 2024. A conference call to discuss the results will be held at 10:00 a.m. ET on that day. The conference call audio and accompanying slides will be webcast live via the Internet. To access the call, visit https://www.snapon.com/EN/Investors/Investor-Events and click on the link to the webcast. The quarterly release and slides that will accompany the call can be

We recently conducted Preliminary Design Review for our ADVEW system prototype, designed to provide F/A-18 jets with state-of-the-art countermeasures to complete their mission in an environment where threats and adversaries are becoming more sophisticated. We’re now aiming for Prototype System Integration Lab Testing this summer. This PDR latest milestone is part of a $80 million contract with the U.S. Navy, and builds on L3Harris’ two-decade legacy of delivering advance

Secretary of Defense Lloyd J. Austin III spoke with Israeli Minister of Defense Yoav Gallant by phone today to discuss regional security challenges and the continued threats to the region from Iranian-backed groups. Secretary Austin reaffirmed the United States' ironclad commitment to Israel's security and Israel's right to self-defense, while also urging de-escalation and support for ongoing diplomatic efforts to resolve the conflict in Gaza. The Secretary also expressed strong s

The Morris ANGB is home to the Air National Guard’s premier F-16 fighter pilot training unit, the 162nd Wing, providing training for coalition war-fighting partners for the United States Air Force and international allies, which is why the Department of the Air Force selected Morris ANGB to receive up to nine Slovak-owned F-16 Block 70s. The first Block 70 aircraft arrived here, June 13. “As the Slovakian air force prepares its air bases to receive their newly acquired F

The Marine Corps implemented its "Force Design" strategy six years ago to address that challenge. Commandant of the Marine Corps Gen. Eric Smith discussed the progress that has been made in force design and some of the challenges at an event at the Brookings Institution, a nonprofit policy and governance research group in Washington. Threats from Beijing include its stated goal of seizing Taiwan, if necessary, as well as building military outposts on tiny islands

The Department of Defense in close coordination with the Government of Japan, today announced a plan to upgrade U.S. tactical aircraft laydown across multiple military installations in Japan. The modernization plan, which will be implemented over the next several years, reflects over $10 billion of capability investments to enhance the U.S.-Japan Alliance, bolster regional deterrence, and strengthen peace and stability in the Indo-Pacific region. The U.S. Air Force will up

NASA has selected astronaut Andre Douglas as its backup crew member for the agency's Artemis II test flight, the first crewed mission under NASA's Artemis campaign. Douglas will train alongside NASA astronauts Reid Wiseman, Victor Glover, and Christina Koch, and Canadian Space Agency  astronaut Jeremy Hansen. In the event a NASA astronaut is unable to take part in the flight, Douglas would join the Artemis II crew. "Andre's educational backg

Bohemia Interactive Simulations  a global developer of advanced simulation and training software, has announced the latest 24.1 upgrade for its leading products, VBS4 and VBS Blue IG. This significant update introduces hundreds of extra capabilities designed to enhance multi-domain simulation and improve training outcomes for defense forces worldwide. “We’ve packed more than 800 new capabilities into the 24.1 releases,” said Rahul Thakkar, president of BISim.

Axiom Mission 2 pilot John Shoffner and aerospace engineer and reigning Miss United Kingdom Jessica Gagen will join a panel of guests to discuss increasing access to space and expanding the space industry workforce at the 13th annual International Space Station Research and Development Conference This panel takes place on day 3 of the conference, which will be held at the Marriott Copley Place in Boston, July 29-August 1, 2024. Stephen White, chief strategy officer and vice presiden

BTIG announced the expansion of its research coverage to include aerospace and defense industries. This strategic move underscores the firm’s commitment to providing comprehensive insights and analysis across a broad spectrum of sectors. “The aerospace and defense sectors play a critical role in the future of technology, security and global infrastructure,” said Ryan Serwin, CFA, Director of Research at BTIG. “We are excited about adding this subsector to our