Press Releases

Leonardo DRS, Inc. announced today that it has provided the 1,000th advanced sensor package which is at the core of BAE Systems’ 2-Color Advanced Warning System a next-generation missile warning and hostile fire detection system. The system is designed to protect U.S. Army pilots and crews from new and emerging missile threats. The advanced DRS 2-color infrared detector package is integrated into BAE Systems’ 2CAWS system for the U.S. U.S. Army’s Limited Interim Mi

Spirit AeroSystems today announced it has entered into a definitive merger agreement under which The Boeing Company will acquire Spirit for $37.25 per share in Boeing common stock At $37.25 per share, this represents an equity value of approximately $4.7 billion and an enterprise value of approximately $8.3 billion including Spirit’s last reported net debt. The price of $37.25 per share represents a 30% premium to Spirit’s closing stock price of $28.60 on February 29, 2024, the la

Due to high seas expected this weekend, U.S. Central Command has removed the temporary pier from its anchored position in Gaza and will tow it back to Ashdod, Israel, said Sabrina Singh, deputy Pentagon press secretary, during a briefing today. "As always, the safety of our service members is a top priority, and temporarily relocating the pier will prevent potential structural damage that could be caused by the heightened sea state," she said. In the past seven d

The U.S. Navy and U.S. Army recently completed an end-to-end flight test of a hypersonic missile from the Pacific Missile Range Facility, Kauai, HI. The test provided data on the end-to-end performance of the Conventional Prompt Strike and Long Range Hypersonic Weapon All Up Round. The test marks a step forward for the CPS and LRHW programs. "This flight test of the common hypersonic missile marks a milestone for our nation in the development of this capability," said Vice

L3Harris Technologies  has completed its acquisition of Aerojet Rocketdyne, forming a fourth business segment at the company. L3Harris signed a definitive agreement to purchase Aerojet Rocketdyne in December 2022, emphasizing its ability to strengthen the defense industrial base, enhance competition and accelerate innovation for a critical merchant supplier of propulsion systems. “I’m thrilled to welcome more than 5,000 employees to the L3Harris team today

NASA has selected the University of Hawaii in Honolulu to maintain and operate the agency's Infrared Telescope Facility on Mauna Kea in Hilo, Hawaii. The Management and Operations of NASA's IRTF is a hybrid firm-fixed-price contract with an indefinite-delivery/indefinite-quantity provision. The contract has a maximum potential value of approximately $85.5 million, with a base period of performance from Monday, July 1 to June 30, 2025. Nine optional periods, if exercised, wou

Dignari, LLC announced its competitive win of the Department of Defense Defense Manpower Data Center  Blanket Purchase Agreement for Defense Enterprise HR Applications and Data Services  The multiple-award BPA, with a ceiling value of $1.4B over five years, will be leveraged by DMDC to modernize enterprise services taking it into the 21st Century with a strong focus on identity management services and cybersecurity. "Dignari is privileged to be selected as a partner f

NASA has awarded a contract to Leidos, Inc. of Reston, Virginia, to provide mission support for the agency's International Space Station Program, Artemis campaign, and more. The Cargo Mission Contract 4 has a total potential value of $476.5 million, with a base period from Oct. 1, 2024, to Sept. 30, 2026, followed by three option periods. The contract includes a cost-plus-fixed-fee core with an indefinite-delivery/indefinite-quality component and the capability to issue cost-plu

The AW609 tiltrotor programme set another major industry capability milestone after its first successful ship trial, which was recently conducted with the support of the Italian Navy. From 3-12 April, the AW609 AC4 aircraft, fully representative of the final production configuration, performed demonstration trials relocating from Leonardo’s facility based in Cascina Costa (Samarate) to Maristaer Grottaglie Naval Base. The tiltrotor, with test pilots and flight test engineers from Leonar

NASA is fostering continued scientific, educational, and technological developments in low Earth orbit to benefit humanity, while also supporting deep space exploration at the Moon and Mars. As the agency transitions to commercially owned space destinations closer to home, it is crucial to prepare for the safe and responsible deorbit of the International Space Station in a controlled manner after the end of its operational life in 2030. NASA announced SpaceX has been selected to dev

An advanced weather satellite built by Lockheed Martin  for the National Oceanic and Atmospheric Administration launched today from NASA's Kennedy Space Center at 5:26 p.m. ET. Lifted to space aboard a Space X Falcon Heavy rocket, the GOES-U satellite successfully deployed its large solar array to generate electrical power and has established communications with mission operators. GOES-U is the final satellite in NOAA's Geostationary Operational Environmental Satellites

Weights & Biases, the AI developer platform, today announced it received a memorandum of success from the Department of Defense Defense Innovation Unit for completing the Automated Machine Learning for Mine Countermeasures Operations MLOps prototype. This recognition highlights Weights & Biases’ ability to deliver next-generation technologies to the public sector and its commitment to defense and intelligence work across the U.S. government. “There is a need for

Firefly Aerospace, Inc., an end-to-end space transportation company, today announced it is adding an Alpha launch capability at the Mid-Atlantic Regional Spaceport  on Wallops Island, Virginia. In support of Firefly's responsive space missions, Pad-0A will be configured to launch Alpha as early as 2025 in addition to Antares 330 and the Medium Launch Vehicle Firefly is co-developing with Northrop Grumman. "Firefly is committed to establishing a regular on-demand launch

Adtran, in partnership with Iridium Communications Inc.  today announced the European and Asia-Pacific launch of its synchronization solutions featuring Iridium® Satellite Time and Location technology, a significant step in countering growing threats to Global Navigation Satellite Systems Adtran’s OSA 5405-S PTP compact grandmaster clock with STL capabilities and its OSA 5400 STL module are now available to timing network operators in Western Europe, major countries in Eastern

Honeywell  announced today that it has agreed to acquire CAES Systems Holdings LLC  from private equity firm Advent International for approximately $1.9 billion in an all-cash transaction. This represents approximately 14x estimated 2024 EBITDA on a tax-adjusted basis. This acquisition will enhance Honeywell’s defense technology solutions across land, sea, air and space, including new electromagnetic defense solutions for end-to-end radio frequency (RF) signal manage