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Top GovCon Wire News

Ukraine War · Ukraine

US approves repair services for howitzer artillery guns, other military sales to Ukraine

44% Left coverage: 9 sources

The U.S. State Department has approved the potential sale of repair and sustainment support for M777 howitzer artillery guns and transportation and consolidation services to Ukraine for an estimated total of $203.5 million, the Pentagon said on Tuesday.See the Story

Rockets · Nigeria

US Approves $346m Sale of Bombs, Rockets, Ammunition to Nigeria

Coverage: 2 sources

The United States has approved a potential $346 million sale of ammunition, precision bombs, and rockets to Nigeria to strengthen its military operations See the Story

Business

Coherent Stock Sinks On Sale Of Aerospace, Defense Business - Coherent (NYSE:COHR)

100% Center coverage: 2 sources

Coherent Corp. (NYSE:COHR) announced the sale of its aerospace and defense business for $400 million and released its fourth-quarter results after Wednesday's closing bell. Here's a look at what to know: COHR is down after-hours. See the full breakdown here. The Sale Coherent said it will sell its aerospace and defense business to private equity firm Advent for $400 million. The company added that proceeds from the sale will be ...Full story ava…See the Story

Rocket Lab Stock Is Trending Tuesday: What's Going On? - Rocket Lab (NASDAQ:RKLB)

100% Center coverage: 2 sources

Rocket Lab Corp (NASDAQ:RKLB) shares are trending. The company on Tuesday announced that it completed its acquisition of Geost. What Happened: Rocket Lab said it completed its acquisition of electro-optical and infrared (EO/IR) payload development and manufacturing company Geost for $275 million in cash and stock. The acquisition boosts the company’s positioning as a prime contractor for next-generation defense initiatives like the proposed Gold…Space · United States See the Story

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