Defense Daily
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ArmyMach Confirms PrSM Inc. 4 Offering Based On Pike Long-Range Strike Platform
Mach Industries on Thursday confirmed its offering for the Army’s competition to develop an extended range version of the Precision Strike Missile (PrSM) is based on the Pike low-cost, long-range […]
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InternationalFirst U.S.-Made Tamir Missiles Delivered To Israel
A partnership between RTX’s Raytheon [RTX] and Israel’s Rafael marked the delivery of the first Tamir missiles produced in a new U.S. facility to Israel for its Iron Dome air […]
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Advanced / Transformational TechnologyGallatin AI Raises $50 Million To Bolster AI-Enabled Logistics Decision Support Tools
Gallatin AI, Inc., on Thursday said it has raised $50 million in a new investment round to hire more engineers, accelerate and expand product development of its tools that increase […]
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Air ForceUSAF Expects TACMOR Radar Contract Award In FY 2027
The U.S. Air Force may award a contract for the development and construction of the Tactical Multi-Mission Over-the-Horizon Radar (TACMOR) on the Pacific island of Palau by next October. The […]
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Navy/USMCOverland AI Unveils IBEX Autonomous Ground Vehicle For Marine Corps MADIS Program
Autonomous ground vehicle (AGV) developer Overland AI this week introduced its latest product, IBEX, the first AGV to be built under a production contract with deliveries to Marine Corps set […]
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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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Nuclear ModernizationNavy Awards Over $170 Million in Trident II Support Contracts, as Columbia Advances
The Navy awarded more than $170 million in Trident II D5-related contracts Oct. 1, extending flight-test, missile operations, rocket motor storage and other support as the Columbia-class submarine program moves […]
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Nuclear ModernizationAir Force Breaks Ground on New B-21 Assembly Line as Production Expands
The Air Force and Northrop Grumman [NOC] have broken ground on a new B-21 Raider final assembly line in Palmdale, Calif., putting a previously announced effort to accelerate bomber production […]
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Business/FinancialFortastra, Startup Developing Maneuverable Spacecraft For On-Orbit Effects, Raises $30 Million
Startup spacecraft developer Fortastra on Thursday said it raised $30 million to complete design, development and production of its next two prototype space vehicles that the Los Angeles-based company hopes […]
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Navy/USMCNavy Awards Shield AI $150 Million To Help Ready X-BAT For Production
The Navy has awarded Shield AI a $150 million modification to an existing Other Transaction Agreement (OTA) to help the company continue to progress its X-BAT autonomously-piloted vertical takeoff and […]