News - Defense Stocks (Page 2)

An advanced fighter jet flying through evening clouds equipped with medium-range air-to-air missiles

Aerospace

The Multi-Year Pact Locking In 1,900 AMRAAM Missiles a Year

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.

Autonomous medium-altitude surveillance drone flying over coastal waters

Funding

Tekever Raises $580 Million at $6.4 Billion Valuation to Scale Autonomous Drone Fleets

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.

A U.S. Air Force F-16 Fighting Falcon maneuvers over mountain terrain during flight operations.

Electronics

How Northrop Grumman Solved the F-16's Radar-Jamming Blind Spot

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.

Satellites in low Earth orbit tracking orbital objects and space traffic against the backdrop of Earth

Aerospace

How Pentagon Data Privileges Turned Starlink Into Orbit's Traffic Cop

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.

A hypersonic strike missile in flight across the upper atmosphere above the ocean

Naval

The Navy Is Putting Mass-Produced Hypersonics on Super Hornets

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.

A tactical wheeled rocket launcher vehicle firing a long-range missile from a coastal shoreline.

Aerospace

The U.S. Army Is Turning HIMARS Into a Pacific Anti-Ship Weapon

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.

A tactical space reconnaissance satellite maneuvering in geostationary orbit high above Earth

Aerospace

Northrop and True Anomaly Win Prototype Deals to Crowd GEO With Watchdogs

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.

A modern defense aerospace manufacturing facility with automated tooling and precision missile components.

Policy and Budgets

How a Stalled Reconciliation Bill Is Trapping the Pentagon's Multi-Year Munitions Strategy

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

Why the Navy Hired an Autonomy Startup to Build Traditional Landing Craft

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.

Precision machining and milling of a missile structural housing component in an aerospace manufacturing plant

Partnerships

Lockheed Taps Detroit's Assembly Lines to Break the Patriot Interceptor Bottleneck

GM Defense turned the first PAC-3 MSE housing parts in 22 days, work aerospace shops often take months or years to finish. The run is the first timed test of Lockheed's bet that Detroit can unstick the Patriot interceptor line.

A concept rendering of a tailless autonomous stealth combat drone with a submerged dorsal inlet banking at high altitude.

Companies

Lockheed Is Building Five Stealth Drones to Force Its Way Back Into Fighter Teaming

Skunk Works is building a fleet of five Vectis autonomous stealth drone prototypes with internal capital, testing an 80 percent touch labor reduction to challenge Anduril and General Atomics.

An advanced defense satellite maneuvers in low Earth orbit above the Earth horizon

Policy and Budgets

Why the Pentagon Finally Admitted It Fielded Weapons in Orbit

Air Force Secretary Troy Meink revealed the Space Force operates on-orbit space control weapons as the service pushes a $71.2 billion budget against a frozen continuing resolution.