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Two defense giants are betting on opposite sides of naval warfare, and one of them just posted negative free cash flow while the other is sitting on nearly two billion dollars of it. The question is whether a $3.45 billion sensor acquisition can close that gap before program charges do further damage.

Lockheed Martin acquired the naval defense firm Ultra Maritime from the private equity firm Advent International.

IPO Stock Of The Week: Aerospace and defense leader Loar stock broke out past its latest buy point in recent sessions amid a volatile market.

Rocket Lab was supposed to ride the wave of the biggest space IPO in years, but it ended up getting swamped.

Elon Musk’s SpaceX, which is likely to get a $1.8 trillion price tag when it debuts on the Nasdaq next week, carries a host of superlatives. Part of the problem is SpaceX itself. The company combines Musk’s space, satellite, social media, and artificial intelligence divisions, and is expected to float 555 million shares next week with a share price of around $135.

(Bloomberg) -- Elon Musk said he’s back in Texas working on plans for an initial public offering of SpaceX as the rocket and artificial intelligence company gears up for the largest listing of all time. Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitUS, Iran Stall on Hormuz Reopening as Oil Supplies TightenUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpTrump Gets Revenge on Republican Who Vo

Investing.com -- A majority of SpaceX shareholders have approved a 5-for-1 stock split recommended by the company’s board of directors, according to a Bloomberg News report citing people familiar with the matter.

There are a bunch of space-themed ETFs, a mix of actively managed and index funds. But just one has access to SpaceX ahead of its eagerly awaited debut.