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SDA eliminated the program responsible for majority of York Space Systems' revenue, leading to stock price drops.

Steady: 0 in the last 7 days Updated oct 5

The latest in this situation

  1. York's software issues risked contracts with SDA.
  2. The company, an American space technologies firm, relies on SDA contracts, which account for 96% of its revenue.

How it started

6 reports, 4 independent, last reported Oct 1. The briefing below covers this first event.

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Well supportedReported by 4 independent outlets

SDA eliminated the program responsible for majority of York Space Systems' revenue, leading to stock price drops.

Who's involved

What this event is mainly about

How it developed

Newest first. Tap a step to see who reported it.
  1. Lawsuit filed in NYC following Pentagon's elimination of SDA Tranche 3 Transport Layer program.1 source
  2. The company, an American space technologies firm, relies on SDA contracts, which account for 96% of its revenue.Sub-event
  3. YSS derived 96% of revenue from SDA projects amid program restructuring risks.1 source
  4. York Space Systems is under investigation over market disclosures related to its SDA contracts.1 source
  5. SDA eliminated a key program for York Space Systems, causing stock price drops.1 source

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The entities involved

Coverage

Newest first; wire copies grouped