Industry News

Lockheed Martin’s innovation division Skunk Works has signed a memorandum of understanding with Electra.aero, manufacturer of hybrid-electric aircraft, to collaborate on an upcoming ultra-short takeoff and landing, or Ultra-STOL, plane. Lockheed said it will work with Electra to accelerate the development and manufacturing of the nine-passenger EL9 Ultra-STOL.  “Electra has driven signification innovation in the […] More

Kratos Defense & Security Solutions has announced plans to expand its facility in Bristow, Oklahoma, to produce turbojet engines. The company said Monday that the advanced manufacturing site will initially focus on making its GEK800 propulsion technology. GEK800, part of the GE Aerospace-Kratos family of turbojet engines, is designed for unmanned aerial systems and collaborative […] More

Muon Space raised $89.5 million from Congruent Ventures and other investors in the aerospace startup’s recently closed Series B1 funding round.  The funding includes $44.5 million in equity and $45 million in credit facilities, the company said. During its initial Series B funding round in August 2024, Muon received $56.7 million from new and existing investors, […] More

The construction of Northrop Grumman‘s new Propulsion Innovation Center continues to progress. Benefits of the Facility The global aerospace and defense technology company said Monday that the 57,000-square-foot Elkton, Maryland, facility is intended to boost the production of solid rocket motors, or SRM. It will build on the company’s existing excess SRM capacity across its […] More

The Borenstein Group has been included in Chief Marketer’s list of top business-to-business/business-to-government marketing agencies in 2025. In a statement published Wednesday, Gal Borenstein, CEO of The Borenstein Group, said the recognition highlights the company’s commitment to excellence. “Our team constantly engages in new methods to keep our client’s brand in play and elevate their […] More

Radiance Ignite Technologies, a new joint venture between Radiance Technologies and Ignite Fueling Innovation, will offer defense and intelligence communities with a suite of services focused on technical intelligence, directed energy, space operations, electromagnetic spectrum operations, artificial intelligence and machine learning and systems engineering. The joint venture’s capabilities can enable government customers to develop advanced […] More

Cadmus, a provider of technical and strategic expertise to governments, energy utilities and private sector companies, has relocated its headquarters from Massachusetts to Virginia, where the company operates a new office that brings together staff from its Rosslyn and Clarendon workplaces. The new office in Arlington, located in a building that has achieved LEED Gold […] More