Finance

Space Systems was the fastest-growing segment at Northrop Grumman in the third quarter of 2023, with 11% growth year-over-year. The company released Q3 results on Thursday, and raised guidance for...

Boeing’s Defense, Space & Security (BDS) segment posted a 3% revenue increase in the third quarter of 2023 compared to the same time last year. However, losses on a satellite...

NanoAvionics co-founder Vytenis Buzas is stepping down from his role as CEO, the company announced Oct. 24. The company’s Chief Sales Officer Žilvinas Kvedaravičius will take over as interim CEO,...

Revenue at Iridium Communications increased 7% in the third quarter of 2023 compared to the same time last year, but the company’s stock value dipped after the results were released...

Terran Orbital’s stock is at risk of being delisted if the company cannot raise its average share price over $1.  The New York Stock Exchange sent the satellite manufacturer official...

Arabsat has signed an MoU with Microsoft as it looks to play a key role in the acceleration of digital transformation and the development of its services. The two companies...

Arlula, an Australian start-up company, is to gain further funding from Lockheed Martin Ventures, a subsidiary of Lockheed Martin. Arlula announced the new investment, Oct. 19. It is the second...

Capella Space appointed Frank Backes as its new CEO, the company announced Tuesday. Payam Banazadeh, who founded the company and has led it since 2016, will serve as board director....

Lockheed Martin’s Space segment delivered a strong 8% revenue increase in the third quarter of 2023, led by higher sales on strategic and missile defense programs.  Lockheed Martin released its...

ST Engineering iDirect appointed two new leaders to its executive team, naming Sridhar Kuppanna its new senior vice president of Engineering and Cynthia Harty as senior vice president of Corporate...