10:39 AM EDT, 07/22/2024 (MT Newswires) -- GE Aerospace (GE) and Kratos Defense & Security Solutions' (KTOS) turbine technology unit signed a memorandum of understanding to develop and produce small low-cost engines for unmanned aerial systems, collaborative combat aircraft and similar applications. The partnership builds on an existing agreement involving tests already underway on the engine, the companies said Monday...

10:41 AM EDT, 07/22/2024 (MT Newswires) -- Victory Square Technologies ( VSQTF ) was edging higher from near 52 week low levels on Monday after saying that its portfolio company, GameOn (GET.CN), reported a swing to first quarter profit on record revenue. The company recorded net income of $680,000 from a loss of $390,000 last year. GameOn reported a record...

July 22 (Reuters) - Agilent Technologies ( A ) said on Monday it will acquire contract drug manufacturer Biovectra for $925 million to expand its portfolio of services offered to biotech companies and medical researchers. Canada-based Biovectra offers fill-and-finish services for drug manufacturers. It also operates a business that makes active ingredients for complex drugs and has expertise in fast-growing...

FARNBOROUGH, England, July 22 (Reuters) - U.S. aero-engine maker Pratt & Whitney is set to announce on Tuesday that aircraft leasing company Avolon will select its GTF engines to power 80 Airbus A320neo aircraft, an industry source familiar with the matter told Reuters. The order comes as Pratt, a unit of RTX, contends with problems with its GTF engine that...