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Space · United StatesRocket 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…See the Story
Rocket Lab Stock Is Trending Tuesday: What's Going On? - Rocket Lab (NASDAQ:RKLB)
100% Center coverage: 2 sources

Pete Hegseth · United StatesThree months after the sweeping Army Transformation Initiative spelled out the planned sunset of the Gray Eagle drone system and canceled the Future Tactical Unmanned System competition, the service is charting a way forward for both efforts. The Army rolled out the transformation initiative in early May at the direction of Defense Secretary Pete Hegseth, laying out the cancellation of multiple legacy programs of record. In their place, the Army…See the Story
Army Moving Out on Strategy for Brigade-Level UAS, Gray Eagle Successor
Coverage: 2 sources