Acquisition headlines

Trump orders General Motors to make ventilators under Defense Production Act. What did it achieve? “The order does not change GM’s previously announced plans or schedule to produce the ventilators, according to the company.” Here’s another bit: “Shares of GM were up more than 3% in after-hours trading Friday.”

USS Gerald R Ford reaches 1,000th aircraft launch milestone.

Pentagon hypersonic weapons hit ‘impact point’. Pushing forward: “we validated our design and are now ready to move to the next phase towards fielding a hypersonic strike capability.” I wonder who is archiving a history of these efforts.

SpaceX Competitor OneWeb Is Reportedly Bankrupt. “The coronavirus pandemic and resulting market turbulence undermined the negotiations between OneWeb and SoftBank for $2 billion in funding, people familiar with the matter told WIRED.”

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