Finance

L3Harris Technologies released its full year 2021 financial results on Monday, reporting $17.8 billion in revenue, down 2% compared to 2020. The company said the revenue decrease was due to...

Google will invest as much as $1 billion in India’s second-largest mobile phone operator, as firms race to offer inexpensive data and digital offerings in the only billion-people-plus market still open...

Comtech Telecommunications has established two new business lines focused on satellite ground technologies. Comtech said these two businesses will serve growing opportunities in satellite ground station technology, and the company’s...

D-Orbit is the latest space company to announce plans to go public via a special purpose acquisition company (SPAC).  D-Orbit is an in-space transportation company headquartered in Italy. Its ION...

After last year’s record growth in Space Systems, Northrop Grumman continued the growth streak in 2021, delivering another year of record sales for the segment.  The Space Systems segment ended...

Boeing released its full year 2021 financial results on Wednesday, reporting a 7% revenue boost compared to 2020 driven by a rebound in commercial airplane deliveries. The company reported $62.3...

Satellogic began trading on the Nasdaq under ticker sign $SATL on Wednesday after completing its special purpose acquisition company (SPAC) merger. Satellogic first announced its SPAC business combination with CF...

Isar Aerospace has won a 10 million euro ($11.32 million) prize from the European Commission (EC), the company announced Jan 25. Isar won the EC’s EIC Horizon Prize “Low-Cost Space...

Comtech Telecommunications rejected a takeover proposal from Acacia Research Corporation received earlier this year. The company announced Tuesday that the board of directors unanimously rejected an unsolicited proposal from Acacia...

The Federal Trade Commission (FTC) is suing to block Lockheed Martin’s proposed acquisition of Aerojet Rocketdyne Holdings, arguing that such consolidation would be harmful to national security and defense markets. ...