Rocket Lab Corporation, the publicly traded space company known primarily for its small satellite launch vehicles, announced a $266 million multi-launch contract with the U.S. Space Force, the branch of the Department of War responsible for military operations in and through space, marking the largest single launch agreement the company has ever secured. The deal […]

Lockheed Martin unveiled a new, cheaper version of its Patriot air defense interceptor at the Farnborough International Airshow, announcing that the PAC-3 Adapted Capability Effector, known as PAC-3 ACE, will cost less than half as much per unit as the missile it’s designed to complement, the PAC-3 MSE, which runs roughly $4 million per round […]