International
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Air ForceMore Than $1 Billion Capacity Investment Will Help Boost F135 Production, Pratt & Whitney Says
RTX‘s [RTX] Pratt & Whitney said that it has spent more than $1 billion in the last five years to boost engine production–an investment that may come in handy, as […]
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Business/FinancialRocket Lab Gets German Approval To Acquire Mynaric
Rocket Lab [RKLB] on Monday said it has received regulatory approval to complete its acquisition of Germany-based laser optical communications terminal (OCTs) supplier Mynaric AG, clearing the way for the […]
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Missile DefenseU.S. And Japan Conduct First SPY-7 ASEV Live Tracking Test
The Missile Defense Agency (MDA) on Friday announced it and the Japan Maritime Self-Defense Force (JMSDF) successfully conducted the first live target tracking exercise with the SPY-7 radar the Japanese […]
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InternationalState Department Okays $17 Billion In FMS Deals For Middle East Partners
Amid ongoing U.S. and Israeli operations against Iran, the U.S. State Department on Thursday approved nearly $17 billion in potential arms deals with Kuwait, the United Arab Emirates and Jordan, […]
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InternationalU.S. International Defense Sales Rose 4 Percent In Fiscal 2025
Total U.S. defense sales in fiscal year 2025 to foreign customers rose nearly 4 percent to $331.2 billion versus $318.7 billion the prior year, driven by an increase in Direct […]
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Business/FinancialSwarmer To Raise Up To $17.25 Million In IPO; Trading Starts Today
Drone autonomy company Swarmer late Monday announced its initial public offering (IPO) with three million shares of common stock priced at $5 apiece, with a 30-day option for the underwriter […]
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InternationalSecond Japanese SPY-7 Aegis Radar Shipset Done, Lockheed Martin Says
Lockheed Martin [LMT] on Thursday announced the delivery of the second Aegis Systems Equipped Vessel (ASEV) shipset of AN/SPY-7(V)1 radar panels to Japanese government control. This follows the company’s July […]
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Unmanned SystemsUkrainian Defense Companies Moving To All Domestic Production Of Components
Representatives of Ukrainian drone, counter-drone, and defense tech companies said this week that they are reducing their dependence on Chinese components significantly, as Ukraine builds its domestic supplier base. Some […]
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InternationalU.S. OKs Potential $930 Million Deal With Sweden For HIMARS, Munitions
The State Department has approved a potential $930 million deal with Sweden for M142 HIMARS launchers and precision munitions. The new foreign military sale includes 20 Lockheed Martin [LMT]-built HIMARS, […]
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Unmanned SystemsDrone Dominance Program Round Two Likely To Include More Complex Missions
The Drone Dominance program is to expand beyond the three missions in the first round–finding stationary targets by four drones at 2.5, 5, 7.5 and 10 kilometers in a non-jamming […]