Aerospace & Defense

GA-ASI Welcomes USAF Designation for New CCA: YFQ-42A

March 3, 2025 8:45 PM

General Atomics Aeronautical Systems, Inc. (GA-ASI) welcomes the U.S. Air Force's designation for its Collaborative Combat Aircraft: the new uncrewed jet fighter will be called the YFQ-42A. The announcement on Monday followed an earlier USAF decision in 2024 that GA-ASI was selected to develop and build the YFQ-42A. "We're proud to get a new official aircraft designation," said GA-ASI President David R. Alexander. "YFQ-42A continues a long and...

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CORRECTION FROM SOURCE: General Atomics Acquires North Point Defense

March 3, 2025 10:10 AM

General Atomics (GA) today announced the strategic acquisition of North Point Defense, Inc. (NPD), a leading provider of Signals Intelligence (SIGINT) exploitation software and sensor integration, by General Atomics Integrated Intelligence, Inc. (GA-III), formerly known as General Atomics Commonwealth Computer Research, Inc. This acquisition enhances GA's capabilities in the rapidly evolving SIGINT field, positioning the company to deliver...

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Loar Holdings Inc. Announces Promotion of TC Queener to Executive Vice President

March 3, 2025 9:30 AM

WHITE PLAINS, NY / ACCESS Newswire / March 3, 2025 / Loar Holdings Inc. (NYSE:LOAR) ("Loar," "we" and "our"), announces the promotion of TC Queener to Executive Vice President, reporting to CEO & Executive Co-Chairman Dirkson Charles. TC will have operational oversight for Hydra-Electric in Burbank, CA and SMR Technologies in Fenwick, WV. "TC has a track record of strong operational and strategic leadership, and I am thrilled to have him on the...

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Cubic Awarded Foreign Military Sales (FMS) Contract Supporting Indo-Pacific Region

March 3, 2025 9:00 AM

Cubic announces FMS award to deliver its Live Training Systems (LTS) product lines to support Force-on-Force (FoF) and Force-on-Target (FOT) training programs in the Indo-Pacific region. The advanced training solutions enable the region's partners to conduct realistic, interoperable and effective training exercises, providing operational readiness, designed to perform seamlessly with U.S. Partner and Allied Forces. "Cubic's LTS product lines are...

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General Atomics Acquires North Point Defense

March 3, 2025 8:00 AM

General Atomics (GA) today announced the strategic acquisition of North Point Defense, Inc. (NPD), a leading provider of Signals Intelligence (SIGINT) exploitation software and sensor integration, by General Atomics Integrated Intelligence, Inc. (GA-III), formerly known as General Atomics Commonwealth Computer Research, Inc. This acquisition enhances GA's capabilities in the rapidly evolving SIGINT field, positioning the company to deliver...

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General Atomics Introduces Quadratix Software Enterprise

March 3, 2025 8:00 AM

General Atomics is reshaping its software enterprise for the future, merging efforts from across business lines into a single technology grid delivering all-domain response and information dominance. The new Quadratix enterprise will bond GA's large software workforce and extensive suite of systems under a unified umbrella, merging solutions for: Autonomy, artificial intelligence and machine learning Airborne intelligence, surveillance, and...

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AT2 Aerospace, a Lockheed Martin Spin-Out, Secures Major Airship Order From Arctic Airships, Marking New Era in Remote Transportation

February 27, 2025 5:00 PM

AT2 Aerospace, a Lockheed Martin spin-out, a pioneer in innovative hybrid airship design and manufacturing, today announced a significant purchase order from Arctic Airships, Alaska's emerging leader in sustainable remote logistics. The deal represents a major advancement in addressing the unique transportation challenges faced by many operations in remote Arctic regions. The order includes 2 hybrid airships with an option on 18 additional...

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GA-ASI Advances Sub-Hunting With Test of New Air-Dropped Sensors

February 27, 2025 2:00 PM

General Atomics Aeronautical Systems, Inc. (GA-ASI) continues to expand the role of unmanned aerial systems, demonstrating the first-ever Anti-Submarine Warfare (ASW) capability on an MQ-9B SeaGuardian®. In a groundbreaking test from January 20-30, 2025, a company-operated MQ-9B SeaGuardian successfully deployed and tested anti-submarine sensors using multiple pre-production Sonobuoy Dispensing System (SDS) pods. Having already proven its...

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HEICO Corporation Reports Record Net Income (Up 46%), Record Operating Income (Up 26%) and Record Net Sales (Up 15%) for the First Quarter of Fiscal 2025

February 26, 2025 4:15 PM

HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 46% to a record $168.0 million, or $1.20 per diluted share, in the first quarter of fiscal 2025, up from $114.7 million, or $.82 per diluted share, in the first quarter of fiscal 2024. Net sales increased 15% to a record $1,030.2 million in the first quarter of fiscal 2025, up from $896.4 million in the first quarter of fiscal 2024. Operating income increased...

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Cognitive Space Awarded an OTA Contract Through the SDA PWSA Battle Management Broad Agency Announcement (BAA) in Support of the Automated Network Management Focus Area

February 26, 2025 4:15 PM

Cognitive Space is thrilled to announce that it has been awarded an OTA contract under the PWSA Battle Management Mission Applications BAA by the Space Development Agency (SDA). This contract will focus on the deployment and testing of automated mesh network management for the Battle Management Command, Control, and Communication (BMC3) ecosystem. This effort is to operationalize the company's AI-driven dynamic link scheduling and self-healing...

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Red Cat Becomes First U.S.-Based Drone Manufacturer to Source Motors From Unusual Machines

February 26, 2025 8:30 AM

Unusual Machines (NYSE:UMAC), a leading provider of NDAA-compliant drone components, has secured Red Cat Holdings (NASDAQ: RCAT) as a customer for motors. This marks the company's first partnership to develop motors built to a U.S. drone producer's specific requirements. Red Cat will use three motor variants from Unusual Machines for one of its platforms designed for government and commercial applications. Red Cat has placed its initial order,...

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JAOPS Will Operate the First Japanese Privately Funded Rover to the Moon, Intuitive Machines Prepares for Historic Launch

February 25, 2025 2:00 PM

Dymon announced that the YAOKI rover is loaded aboard the Intuitive Machines Nova-C class lunar lander, Athena and is ready to be operated by JAOPS once landed on the Moon. The mission, scheduled to deploy no earlier than February 26, 2025, is the second trip to the Moon's surface for Intuitive Machines. The YAOKI rover, developed by Dymon, represents a significant milestone in Japan's space exploration endeavors. "YAOKI" is a cutting-edge lunar...

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Former Top NASA Executive Mike Menzel Joins Heliospace

February 25, 2025 11:00 AM

Heliospace Corp., a subsidiary of Helio Corporation (OTC PINK:HLEO) has announced that well-known industry senior technical executive Mike Menzel has accepted our offer to join Heliospace. Mike has 43 years of experience in the aerospace industry, working 23 years for commercial and defense missions and 20 years for NASA. He has also been an adjunct lecturer in Physics and Astronomy at various colleges. Mike joins Heliospace in a senior...

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General Atomics Awarded Contract From General Dynamics Electric Boat for Virginia-Class Payload Tube Manufacturing

February 24, 2025 12:00 PM

General Atomics Electromagnetic Systems (GA-EMS) announced today that it has been awarded a contract from General Dynamics Electric Boat to fabricate and deliver three shipsets of Virginia Payload Tubes (VPT) to be utilized on Block VI Virginia-class submarines. Each shipset includes two payload tubes. Under the terms of the contract, GA-EMS will complete delivery of the VPTs by the end of 2030. "This contract follows a 2023 contract award for a...

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Cubic Digital Intelligence Launches Motion Digital Signal Processing (DSP) JET Software Availability in AWS Marketplace

February 24, 2025 9:00 AM

Cubic Digital Intelligence (CDI), a trusted defense technology leader and a division of Cubic Corporation, is proud to announce the commercial availability of its video processing solution, MotionDSP JET, in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy and deploy software that runs on Amazon Web Services (AWS). This marks the first time MotionDSP...

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Loar Announces Put Agreement to Acquire LMB Fans & Motors and Record Preliminary Fourth Quarter and Full Year 2024 Results

February 20, 2025 4:30 PM

Loar Holdings Inc. (NYSE:LOAR) ("Loar," "we", "our" and "The Company"), today announced that it has entered into a put option to acquire 100% of the shares of LMB Fans & Motors ("LMB") for €365 million plus the assumption of net debt, payable in cash at closing. The Company is also announcing select preliminary, unaudited, fourth quarter and full year 2024 financial results and an associated earnings release and call on March 31, 2025. LMB...

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Hoverfly Spectre Officially Added to DIU Blue List, Cementing NDAA Compliance

February 20, 2025 3:30 PM

Hoverfly Technologies proudly announces that the Hoverfly Spectre has officially been selected to be on the DIU Blue List, confirming its compliance with the National Defense Authorization Act (NDAA) and significantly simplifying acquisition processes for all Department of Defense (DoD) end users. This milestone is a testament to the unwavering trust the U.S. Government has placed in Hoverfly's cutting-edge tethered UAS technology. With hundreds...

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Skyway and INVOLI Partner to Advance Digital Infrastructure for Air Traffic Management

February 20, 2025 9:00 AM

Skyway, a leader in vertiport operations and development, has integrated INVOLI as its digital infrastructure ADS-B technology system provider, marking a major milestone in the development of reliable, real-time, and secure air traffic data for both traditional and unmanned aerial systems (UAS). This partnership strengthens Skyway's ability to manage real-time, independent, and self-controlled data streams, ensuring the highest level of accuracy...

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Heliospace Adds Former JPL and NASA Senior Technical Staff to Its Team

February 20, 2025 9:00 AM

Heliospace Corp., a subsidiary of Helio Corporation (OTC PINK:HLEO), has announced that it has tapped three former JPL and NASA senior technical staff members for its Space Systems Engineering Team. Brian Childs, James Cooper, and Shaun Thomson are the latest additions to the Heliospace experienced technical roster. Brian Childs has experience leading mechanical and structural design teams, as well as systems engineering and structural...

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Cubic DTECH, Instant Connect and Rally Tactical Systems Provide Real-Time Language Translation to Special Operation Forces

February 19, 2025 9:00 AM

Cubic DTECH Vocality, Instant Connect Software and Rally Tactical Systems (RTS) are breaking new ground with the integration of Instant Connect EnterpriseTM (ICE) as the encrypted end-to-end and transport layer security wrapper for tactical push-to-talk traffic. The Joint Interoperability Test Command (JITC)-certified software platform is included on the DoD Information Network (DoDIN)-approved product list. The ICE platform is a proven,...

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