Pentagon
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Business/FinancialDoD Makes $150 Million Conditional Loan To Rocket Developer Stoke Space
The Defense Department on Monday said its Office of Strategic Capital (OSC) has signed a $150 million conditional loan commitment with launch vehicle developer Stoke Space to help the startup […]
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PentagonLockheed Martin Says 10-Year F-35 Framework Deal Enables Addition Of 6th-Gen Capabilities
A 10-year production framework for the F-35 multi-role fighter announced by the Defense Department on Thursday gives aircraft builder Lockheed Martin [LMT] the long-term stability in the program to pursue […]
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PentagonHegseth Praises SNC During Speech At Company’s Dayton Site
Defense Secretary Pete Hegseth praised Sierra Nevada Corp. (SNC) in a speech at the company’s Dayton site on Tuesday. “What we see here at SNC is the blueprint for a […]
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BudgetHegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
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Advanced / Transformational TechnologyWolfspeed Gets $1.5 Billion Conditional DoD Loan Commitment To Bolster Silicon Carbide Production
The Defense Department on Wednesday evening said it has made a $1.5 billion conditional loan commitment to Wolfspeed, Inc. [WOLF], to strengthen the supply chain for materials and devices critical […]
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PentagonTech Execs, Former Defense Officials Picked For Pentagon’s Project Meridian Future Warfare Panel
The panelists selected for the Pentagon’s new Project Meridian initiative to study the future of warfare include tech company executives, several senior defense officials from the first Trump administration and […]
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Advanced / Transformational TechnologyPentagon Partners With In-Q-Tel On Rapid ‘Technology Scouting’ For Critical Priorities
The Pentagon announced on Friday it’s officially partnering with the CIA-backed In-Q-Tel (IQT) venture capital non-profit for “technology scouting” to support rapid development of promising capabilities within the department’s six […]
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Unmanned SystemsHegseth Moves To Speed C-UAS Use In The Homeland, Expands JIATF’s Roles
Defense Secretary Pete Hegseth last week directed his department to lower barriers to fielding counter-unmanned aircraft systems (C-UAS) speeding approval processes. As part of the goal to accelerate the fielding […]
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Unmanned SystemsHegseth Announces Plans For New Autonomous Warfare Command, Project Meridian Panel
Defense Secretary Pete Hegseth on Wednesday announced plans to establish a four-star Autonomous Warfare Command (AutoWarCom) as well as the stand-up of Project Meridian, led by tech CEOs Palmer Luckey […]
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Unmanned SystemsPentagon Plans $450 Million Buy For Drone Dominance’s ‘More Complex’ Phase 3 Competition
The Pentagon plans to spend at least $450 million to buy about 60,000 low-cost unmanned aircraft systems for the next phase of its Drone Dominance Program (DDP), with a potential […]