International
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Unmanned SystemsRed Cat Adds Swarming Autonomy Developer Apium To Portfolio
Red Cat Holdings [RCAT] on Monday said it has acquired Apium Swarm Robotics in a deal that adds a distributed swarming autonomy capability for unmanned aircraft systems (UAS) and unmanned […]
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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, […]