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STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company ("Crane," NYSE: CR) today announced its financial results for the first quarter of 2025 and reaffirmed its full-year adjusted EPS outlook. Max Mitchell, Crane's Chairman, President and Chief Executive Officer, stated: "We delivered a very strong start to 2025, with exceptional results in the first quarter of 24.1% adjusted EPS growth driven by 7.5% core sales growth and strong operating leverage. Furthermore, demand trends across our strategic gro...

MCLEAN, Va.--(BUSINESS WIRE)--BigBear.ai (NYSE: BBAI), a leading provider of AI-powered decision intelligence solutions for national security, travel, and trade, today announced its invitation to participate in the Business Alliance for Secure Commerce (BASC) Panama 2025 International Forum, a premier event hosting global leaders in finance, logistics, maritime operations, and international trade to discuss the future of secure and competitive commerce. BigBear.ai representatives from the Compa...

TORONTO--(BUSINESS WIRE)--Space Flight Laboratory (SFL) has completed assembly of the Aspera space astrophysics microsatellite bus. The spacecraft is ready for integration with the far-UV Aspera telescope being built by the University of Arizona. SFL will perform instrument-spacecraft integration and testing at its Toronto facility later this year with launch slated for early 2026. Aspera is a bold NASA astrophysics mission that seeks to understand the formation and evolution of galaxies throug...

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today that it has signed an amendment to a long-term Revenue Sharing Agreement (RSA) with GE Aerospace to include the production of major components for the F414-GE-400K aircraft engine for the Korean KF-21 aircraft program. In mid-2024 Hanwha Aerospace and Korea Aerospace Industries (KAI) signed contracts with South Korea's national arms procurement agency to produce the first batch of indigenous KAI KF-21 4.5-gene...

NEW DELHI--(BUSINESS WIRE)--Resecurity, a U.S.-based cybersecurity company specializing in threat intelligence and digital risk management, successfully exhibited at MILIPOL India 2025, held from April 23–25 at India International Convention and Expo Centre (IICC), Dwarka, New Delhi. The event served as a premier meeting point for global leaders in homeland security, defense technology, and public safety. MILIPOL India is part of the prestigious MILIPOL network of homeland security exhibitions,...

CARLSBAD, Calif.--(BUSINESS WIRE)--The world’s first portable AI supercomputer is now shipping to DoD / intel community, with immediate applications in sports analytics, media, energy....

MCLEAN, Va. & MENLO PARK, Calif.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) and Meta today announced the development and successful demonstration of a novel AI-powered tech stack, accelerated by NVIDIA CUDA GPUs, to support critical work on the International Space Station (ISS) National Lab. This effort is believed to be the first of its kind, setting the stage for space exploration and operations across a variety of disconnected environments. The goal in building the tech stack – dubbed...

SEATTLE--(BUSINESS WIRE)--EdgeRunner AI, the leader in domain-specific, air-gapped, on-device AI agents for military and enterprise, today announced that it has been designated as an “Awardable” vendor for the Chief Digital and Artificial Intelligence Office’s (CDAO) Tradewinds Solutions Marketplace. EdgeRunner AI’s platform has been added to the Marketplace and is available to support critical missions across the Department of Defense (DoD). The Tradewinds Solutions Marketplace is a digital re...

WESTBOROUGH, Mass.--(BUSINESS WIRE)--Kopin Corporation (NASDAQ: KOPN), a leading provider of application-specific optical systems and high-performance microdisplays for defense, training, enterprise, industrial, consumer and medical products, proudly announces a significant U.S. Army contract that underscores its pivotal role in advancing warfighter vision. The contract involves a Soldier Display Trade Study to define the optimal MicroLED characteristics for Extended Reality (XR) heads-up displ...

CORAL GABLES, Fla.--(BUSINESS WIRE)--Appgate, the secure access company, today announced the appointment of Nitin Pillai as its new Chief Technology Officer (CTO). This appointment follows Kurt Glazemakers' transition to a Strategic Advisor role within the company after more than 11 years as CTO. Nitin brings over 20 years of versatile and visionary engineering leadership to Appgate, with a proven track record of driving significant technical advancements across cybersecurity, artificial intell...