Defense Daily
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ArmyTrump Threatens Canada’s Bombardier With U.S. Sales Ban, Amid Army’s Aerial ISR Modernization
The impact of President Trump’s threat on Monday to block the sale of Canadian manufacturer Bombardier’s aircraft, whose business aircraft serves as the platform for the U.S. Army’s ongoing aerial […]
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Missile DefenseLockheed Martin Awards L3Harris $4.7 Billion PAC-3 MSE Propulsion Contract
Lockheed Martin [LMT] awarded L3Harris Technologies [LHX] a $4.7 billion undefinitized contract award for the propulsion systems of the Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) interceptor, L3Harris said […]
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Advanced / Transformational TechnologyUkrainian AI-Enabled Drone Strikes Have Jumped 10-Fold This Year, MoD Says
The number of Ukrainian artificial intelligence (AI)-guided drone strikes has jumped tenfold this year, according to the Ukrainian Ministry of Defense (MoD) and Brave1, Ukraine’s defense technology accelerator. The Ministry […]
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Unmanned SystemsUnmanned Cargo Aircraft Startup Poseidon Aerospace Raises $60 Million Ahead Flight Testing
Poseidon Aerospace, which is developing unmanned cargo aircraft for commercial and defense logistics, has raised $60 million in a Series A round that will be used for the upcoming flight-test […]
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Business/FinancialPixxel Targets US Growth, New Sensing Tech With $100M Raise
Hyperspectral satellite startup Pixxel completed a $100 million funding raise that the company says will fuel its growth in the U.S. and expansion into sensing technologies beyond hyperspectral. Temasek and Seraphim led […]
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Unmanned SystemsAEVEX Completes $600 Million Acquisition Of USV Manufacturer BlackSea
AEVEX Corp. [AVEX] on Tuesday said it has closed its $600 million acquisition of BlackSea Technologies, adding design, development and manufacturing capabilities of unmanned surface vessels (USVs) and unmanned undersea […]
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Nuclear ModernizationNorthrop Grumman Wins $111 Million Submarine Contract
Northrop Grumman [NOC] has been awarded a $111.4 million contract to maintain, overhaul and repair ship service turbine generators aboard the Navy’s Virginia-class nuclear-powered attack submarine fleet. The firm-fixed-price and […]
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Air ForceGE Aerospace Bids $11.5 Billion for Cleveland-Based Engine Castings Maker
Cincinnati’s GE Aerospace [GE] said on Tuesday that it is to buy Cleveland-based Consolidated Precision Products (CPP) a 6,600 employee maker of military and commercial engine castings, for $11.5 billion, […]
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Nuclear ModernizationLockheed Martin Awarded $90.2 Million for Trident II Life Extension Work
Lockheed Martin [LMT] has received a $90.2 million contract modification for “advanced design and development” work supporting the Navy’s Trident II D5 submarine-launched ballistic missile life extension program, the Pentagon […]
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SpaceStoke Space Raises $1 Billion As Startup Approaches First Launch
Stoke Space on Tuesday said it has raised $1 billion in a new funding round that will help support the first launch of its Nova rocket in early 2027 and […]