Business/Financial
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Unmanned SystemsSaronic Adds Gulfport Site For On-Water USV Testing
Saronic announced another American Gulf Coast facility that is already performing some unmanned surface vessel (USV) work at the Port of Gulfport, Miss. The company said its new site covers […]
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Business/FinancialLockheed Martin Offers Modular Missile Technologies And Related Storefront
Lockheed Martin [LMT] on Monday launched a family of missile components that include radio frequency sensors, datalinks and seeker technologies “built on a common baseline” that can be used in […]
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Advanced / Transformational TechnologyArcher Acquiring Boeing Businesses That Add Drones, Autonomy And Air Traffic Management
Archer Aviation [ACHR] on Monday said has agreed to acquire three businesses from Boeing [BA], including the company’s Insitu subsidiary that develops and manufactures Group 3 unmanned aircraft systems (UAS), […]
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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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Advanced / Transformational TechnologyHII Locking In Autonomous Robotic Help For Shipbuilding With $900 Million In Production Agreements
HII [HII] is putting up $900 million in potential contracts to two companies providing robotic manufacturing technology—GrayMatter Robotics and Path Robotics—to bring on new capabilities for Navy shipbuilding, speed production […]
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Business/FinancialDeep Elected To General Dynamics Board
Danny Deep, president of General Dynamics [GD] since December 2025, has been elected to the company’s board of directors, GD said on Thursday. Deep, 56, has been with the company […]
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Advanced / Transformational TechnologyHadrian Raises $1.4 Billion To Cache Firepower Amid Surging DoD Demand For Weapons Manufacturing
A year after raising $260 million to build out a new production and other facilities, advanced manufacturing company Hadrian on Thursday said it has garnered $1.4 billion in new investments […]
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Navy/USMCHII And HD Hyundai Pilot Welding Automation For Shipbuilding
HII [HII] is moving forward in its strategic partnership with South Korea’s HD Hyundai Heavy Industries (HHI) through a pilot program that will use more intelligent mechanized welding equipment, expanding […]
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Unmanned SystemsPDW Eyes Supplying Parts To Support U.S. Production Of One Million Drones Annually
Performance Drone Works (PDW), which last week received a conditional loan commitment from the Defense Department to supercharge its capacity and capabilities for making key drone components, expects to support […]