Hanwha will build a $269 million Marine Corps landing ship in Philadelphia, the first yard selected under a new Navy construction-manager model that cut the time to contract by nearly half.
The Army selected Lockheed Martin for Future Interceptor, a $1.08 billion PAC-3 Edge program that includes $423 million of company cash as Patriot stockpiles stay tight.
Danny Deep, a 25-year company veteran, takes over from Phebe Novakovic on January 1 with a $76.6 billion Navy submarine award reshaping its shipyard.
With an Army-specified grade already in commercial production, Evolution's broader magnet business and planned tenfold capacity expansion give its defense ambitions an industrial foundation.
Three years after failed tests pushed the Air Force to walk away from the AGM-183A, the service is resurrecting the boost-glide weapon with a $694 million Lockheed Martin production order.
The Space Development Agency is asking industry how to keep fire-control-quality custody of a maneuvering hypersonic missile for its entire flight. Tranche 4 production and on-orbit demos will follow a December 4 deadline.
Maximus will pay $660 million in cash for Agile Defense, adding about 1,100 cleared personnel as it scales a two-year push from civilian work into defense and national security.
Lockheed Martin will self-fund at least $7 billion under a 10-year F-35 production and sustainment framework with the Pentagon. The agreement still needs congressional multiyear authority and a fiscal 2027 budget that has not passed.
The Navy is putting 30 robotic warships into production in Louisiana, splitting the work among Galliano, HII, and startup Saronic instead of the primes' mega-yards.
The Pentagon agreed to buy up to 25,000 APKWS counter-drone interceptors a year for seven years. The framework is real; under the current CR, the money to match it has not landed yet.
RTX lifted its full-year 2026 guidance after an 11% sales quarter. IEEPA tariff recoveries supplied $0.25 of a $0.56 adjusted EPS gain, even as operating cash flow fell 38% year over year.
Northrop Grumman reports third-quarter results Tuesday with a record $104.7 billion backlog. Q2's fixed-price charges and a 6.3% tax rate make the margin print, not demand, the real test.
Drones
The Army is folding HIMARS, Patriot, Typhon, and MLRS into three cab-less robotic launchers. Medium is weeks from award, Light is racing to Australia, and Heavy is next for Dark Eagle.
Electronics
The Army is splitting C2 into a shared data layer and a commercial app store. Ivy Mass cut artillery fire-mission timelines by 90 percent as NGC2 scales to I Corps.
Electronics
AFNWC awarded Raytheon an $8.0 billion sole-source IDIQ through 2036 for strategic communications terminals, including production restart, as the Pentagon recapitalizes NC3 airframes and ESS satellites.
Companies
Lockheed Martin is reserving Avio USA solid rocket motor capacity for ER GMLRS and PrSM at a new Virginia plant, using an established European maker to ease the Pentagon's deepest munitions bottleneck.
Wall Street Wire
China's Ministry of Commerce just placed six rare-earth categories on a new export control list. Against this backdrop, non-China magnet capacity has become a critical strategic asset, putting companies like Evolution Metals & Technologies Corp. (NASDAQ: EMAT) in the spotlight.
Companies
The U.S. Army expanded its Infantry Squad Vehicle requirement by 1,750% to nearly 12,000 units, scaling GM Defense's commercial-chassis platform across 39 brigades.
Aerospace
The Army intends to buy five contractor-flown ISR jets and take ownership by November 2027, covering a deep-sensing shortfall after it cut planned HADES production from as many as 14 aircraft to six.
Aerospace
Lockheed Martin debuted PAC-3 Edge, an in-house seeker and multi-pulse motor upgrade designed to counter hypersonic threats while reusing the Patriot production base.
Drones
JIATF-401 selected four directed-energy systems for a homeland C-UAS pilot. Lasers and microwaves now head to U.S. bases, with FAA airspace rules and a December Dugway shoot-off still ahead.
Naval
Anduril and the Navy are standing up a Maryland module yard to unclog Virginia-class assembly. Taxpayers take a 40 percent stake as gating hardware moves off the nuclear primes.
Aerospace
YFQ-48A Talon Blue flew itself end to end at Mojave, 15 months after the aircraft was conceived. Northrop is betting a self-funded demonstrator can win what its pricey Increment 1 bid could not.
Funding
Dealroom's 2026 defence tech report shows European startups racing toward $10.5 billion in venture capital. The money is clustering in Munich, while ministries still stall at pilots and production contracts.