Defense Daily

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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

AeroVironment [AVAV] on Monday said it has received an order worth more than $50 million for the first international sales of its LOCUST laser weapon system. The direct commercial sale […]