Pentagon
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PentagonDoD Announces $264 Million In Industrial Base Support, Including Aussie Gallium Deal
The Defense Department Monday evening and Tuesday announced nearly $264 million in new awards and financing to strengthen the defense industrial base for critical materials, chemicals and testing capabilities, including […]
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PentagonGD Signs Framework Deals With Pentagon To Boost PAC-3 MSE, THAAD Component Production
The Pentagon has signed a pair of framework agreements with General Dynamics [GD] Ordnance and Tactical Systems (OTS) to boost production of major components for PAC-3 MSE and THAAD interceptors. The […]
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Business/FinancialDoD Adds To Equity Stake In Alumina Refiner, Makes Equity Investment In Metals Company
The Defense Department last Friday said it has upped its equity investment in Atlantic Alumina Company LLC (Atalco) by $100 million, bringing total investment by the department to $400 million, […]
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Unmanned SystemsC-UAS Marketplace Is ‘Accelerating Rapidly,’ JIATF-401 Director Says
The Pentagon’s Counter-Unmanned Aircraft Systems (C-UAS) Marketplace is “accelerating rapidly,” according to the director of the Joint Interagency Task Force (JIATF)-401, with another official confirming to Defense Daily there are […]
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PentagonBoeing to Boost Production Of Parts For Standard Missile-3 In Framework Deal With DoD, RTX
The Defense Department last Friday said it signed seven-year framework agreement that would have Boeing [BA] increase production rates of key parts for the RTX [RTX]-built Standard Missile-3 Block IB […]
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Missile DefensePentagon Launches Golden Dome Hub To ‘Streamline Collaboration’
The Pentagon on Tuesday announced the launch of a new platform to “streamline collaboration” with the private sector for the Golden Dome for America homeland defense project. The department said […]
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Business/FinancialDoD Investing More Than $2 Billion In Batteries, Critical Minerals And Magnets
The Defense Department late Friday afternoon announced more than $2 billion in potential loans and equity investments to strengthen supply chains for batteries, critical minerals and magnets used by the […]
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PentagonDoD Plans $150 Million Loan To Boost U.S. Rare Earth-Free Magnet Production
The Pentagon’s Office of Strategic Capital (OSC) on August 7 said it signed a $150 million conditional loan commitment with Niron Magnetics, Inc., to scale the company’s permanent magnets that […]
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Missile Defense
Northrop Signs $3 Billion In Framework Deals To Boost PAC-3 MSE, THAAD Component Production
The Pentagon has signed a pair of framework agreements with Northrop Grumman [NOC] to boost production of major components for PAC-3 MSE and THAAD interceptors. The department noted the two […]
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Unmanned SystemsDoD Makes Potential $820 Million Loan Commitment To Drone Company To Mass Produce Components
Flexing new authorities to dramatically increase its loan commitments, the Pentagon’s Office of Strategic Capital (OSC) has made a conditional loan commitment of up to $820 million to Performance Drone […]