Finance

Revenue was nearly flat for L3Harris Space & Airborne Systems segment in the third quarter of 2022, while its Communication Systems segment saw a modest increase in revenue of 4%...

Airbus posted a 27% revenue increase in the third quarter of 2022, driven by higher commercial aircraft deliveries. Total revenue in Q3 was $13.3 billion.  Airbus reported results on Friday,...

SatixFy Communications is now a publicly traded company after completing its special purpose acquisition company (SPAC) merger with Endurance Acquisition Corp. The satellite technology company began trading on Friday on...

Space continues to be the fast-growing segment for Northrop Grumman, and the company expects growth to continue. In Northrop Grumman’s third quarter results posted on Thursday, the Space segment reported...

Boeing’s Defense, Space, and Security segment saw a 20% decline in the third quarter of 2022 compared to the same time period of 2021 due to losses on military aircraft...

Norway’s Kongsberg Defence & Aerospace finalized its acquisition of NanoAvionics and announced R&D investment in the company on Tuesday, including a focus on defense-grade reliability for its satellite buses.  The...

Iridium Communications increased 2022 guidance for the second time this year after posting more gains in the third quarter. CEO Matt Desch also said the company expects to share more...

A new spacecraft manufacturer, Apex, emerged from stealth on Monday with more than $7.5 million in funding.  Andreessen Horowitz led the round, with participation from XYZ, J2, Lux Capital, and...

At World Satellite Business Week (WSBW) in Paris recently, there was a lot of chatter about a potential combination of Intelsat and SES. Rumors swirled, but this has always been...

Ball Aerospace’s new Vice President of Strategic Operations is Hope Damphousse, the company announced Oct. 19. Damphousse starts the role immediately, and in this role, she will lead Ball Aerospace’s...