York's new M-Class platform is designed for payloads of 1,000 kilograms Credit: York Space Systems

WASHINGTON — York Space Systems last week reported sharply higher revenue in 2025 and narrowing losses as it scales production tied to Pentagon satellite programs. But a broader overhaul of how the U.S. military buys space systems is introducing some uncertainty for one of its fastest-growing suppliers.

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Sandra Erwin writes about military space programs, policy, technology and the industry that supports this sector. She has covered the military, the Pentagon, Congress and the defense industry for nearly two decades as editor of NDIA’s National Defense...