Defense News

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced that the Company has received $192.1 million in cash tax refunds from the advanced manufacturing tax credit under Section 48D. Funds include $186.5 million owed to the Company for both fiscal 2023 and fiscal 2024 taxes, as well as accrued interest. This announcement reflects a portion of the approximately $1 billion total Section 48D cash tax refunds that the Company expects to receive. As of the end of the second quart...

LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, has today been selected by the U.S. Space Force to compete for the Department of Defense’s highest-priority national security missions for its National Security Space Launch (NSSL) Phase 3 Lane 1 program. The firm-fixed price, indefinite delivery/indefinite-quantity (IDIQ) contract has a five-year ordering period that will run through to...

HOUSTON--(BUSINESS WIRE)--Oceaneering Announces Dates for First Quarter 2025 Earnings Release and Conference Call; April 23 and April 24, respectively....

BOSTON--(BUSINESS WIRE)--This release announces the creation of the Quantum Esports Series Powered by the U.S. Space Force, a brand new American esports league....

ORLANDO, Fla.--(BUSINESS WIRE)--M-tron Industries, Inc. (NYSE American: MPTI) ("Mtron" or the "Company"), a designer and manufacturer of highly-engineered electronic components used to control the frequency or timing of signals in electronic circuits, announced strong financial results for the fourth quarter and full fiscal year ended December 31, 2024. Fourth Quarter 2024 Highlights Revenues increased 18.9%, or $2.0 million, to $12.8 million for the three months ended December 31, 2024 from $1...

ARLINGTON, Va.--(BUSINESS WIRE)--AV Awarded Major Contract to Deliver Advanced Uncrewed Ground Vehicles to the German Federal Armed Forces...

AUSTIN, Texas--(BUSINESS WIRE)--Allen Control Systems (ACS), a leader in autonomous precision robotics for defense, today announced it has raised a $30M Series A led by Craft Ventures with participation from existing investors Inspired Capital and Rally Ventures. The capital will accelerate ACS’ engineering growth and support the deployment of Bullfrog™, the company’s autonomous robotic weapon station designed to counter the rise of unmanned threats on the modern battlefield and drive responsib...

BEDFORD, Mass.--(BUSINESS WIRE)--Fractal Antenna Systems, Inc. (“FRACTAL”) has unveiled Acoustic Resonance Mitigation (ARM), a pioneering technology that disables drones using directed acoustic energy. ARM works by emitting sonic, ultrasonic, and/or subsonic waves at a drone, thereby inducing vibrations and /or Prandtl layer instability that will lead to flight failure. Propeller blades are especially vulnerable to ARM’s power, either by causing turbulence or transmitting vibrations to the IMU....

DUBLIN--(BUSINESS WIRE)--The "Drone Warfare - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Drone Warfare was valued at US$25.2 Billion in 2024 and is projected to reach US$41.9 Billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. Drone warfare is fundamentally reshaping the...

REDWOOD CITY, Calif.--(BUSINESS WIRE)--Box, Inc. (NYSE:BOX), the leading Intelligent Content Management (ICM) platform, today announced that it has received FedRAMP High Authorization. This authorization, which includes over 421 security controls, gives U.S. government agencies and authorized government contractors the ability to leverage Box’s Intelligent Content Management platform for highly sensitive data. Included in this announcement, Box AI and Box Hubs are also FedRAMP High-compliant, s...