Drones
The Army and JIATF-401 awarded 10 firms $4.15 billion in counter-drone IDIQ ceilings, from gun turrets to jammers. Only $50 million is obligated so far, leaving the rest to Congress.
Aerospace
The Navy's F/A-XX award hands Boeing both of the Pentagon's sixth-generation fighter lines, shutting out Lockheed Martin and Northrop Grumman while tying St. Louis to two combat aircraft programs at once.
Aerospace
Raytheon locked in a multi-year AMRAAM contract worth up to $20.7 billion, converting a February pledge of at least 1,900 missiles a year into factory-floor certainty through June 2033.
Funding
Tekever closed a $580 million Series D at a $6.4 billion valuation, backing AR5 production for the British Army's Project CORVUS and a combat-proven European drone line.
Electronics
The Air Force just put Northrop Grumman's internal IVEWS jammer into low-rate production. The suite lets F-16 Wild Weasels hunt enemy radars without hanging a pod or blinding their own AESA.
Aerospace
The Space Force granted SpaceX exclusive access to classified Vector Covariance Messages while Starlink offers free collision screening. Competing with that stack is nearly impossible.
Wall Street Wire
MediWound (Nasdaq: MDWD) announced on September 22 that it has received another .3 million in U.S. military funding to advance a room-temperature version of NexoBrid, its FDA-approved treatment for severe burns. The award brings total funding for the program to 1.8 million.
Naval
The Navy placed a production order of up to $200 million with Castelion for Blackbeard, a sub-$500,000 hypersonic moving from Super Hornet tests toward serial rounds and 2027 early operational capability.
Aerospace
A $1.21 billion Army IDIQ puts Lockheed Martin's PrSM Increment 2 on HIMARS, giving land batteries a seeker that can hunt moving ships across the First Island Chain.
Aerospace
DIU and Space Systems Command selected Northrop Grumman and True Anomaly to prototype maneuverable inspectors for GEO, feeding a $1.84B Space Force buy to replace an exquisite six-satellite fleet. Prototypes launch in 2028 before transitioning to operations in 2029.
Policy and Budgets
Pentagon buyers pressed defense primes to expand munitions plants against promised multi-year contracts. With a $350 billion reconciliation add-on frozen in Congress, those factory investments are left hanging while the department prepares to reshuffle base spending or defer work into FY28.
Naval
Three yards just took $280.5 million in prototype agreements to build LCU 1700-class connectors, and one of them is Saronic, a company known for uncrewed boats, not crewed steel.