Press Releases

Leonardo DRS, Inc. (Nasdaq: DRS) announced today it was awarded multiple contracts for the Missile Defense Agency (MDA) Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of $151 billion. These contracts encompass a broad range of work areas that allow for the rapid delivery of innovative capabilities to the warfighter with increased speed and agility. Leonardo DRS is a leading U.S. defense technolo

The rapid evolution of adversary torpedo technology is redefining the undersea battlespace. With smarter, stealthier and more lethal torpedoes that easily outmaneuver traditional decoys, and that adapt and re-acquire targets with remarkable precision, the need for next-generation torpedo defense solutions has never been greater. Ultra Maritime has been awarded a development contract for the next generation Acoustic Device Countermeasure (ADC) MK6 from the U.S. Navy, to provide technology that

Elbit Systems Ltd. announced today that it has been awarded contracts in an aggregate value of approximately $277 million by an international customer for supply of 30 mm turrets and munitions. The contracts will be performed over a period of three years. The UT30MK2 is a configurable manned and unmanned turret that enhances the firepower of armored personnel carriers (APCs) without compromising troop safety. Its modular design and open architecture allow for both unmanned and manne

Seasats, a leader in small uncrewed surface vehicles (sUSVs), today announced the close of a $20 million Series A financing led by Konvoy Ventures, with participation from Shield Capital, DNS Capital, Techstars, Tanis Venture Management, Crumpton Ventures, Dorado Group, and other strategic investors. To date, the company has raised more than $40 million in funding and has recently been awarded over $100 million in U.S. government contracts, underscoring strong demand for its proven autonomous

Elbit Systems Ltd. announced today that it was awarded several contracts with a total value of approximately $435 million from an international customer. Under these contracts, the Company will supply a range of advanced systems, including land systems, and will also carry out a development program for an innovative defense solution. The contracts will be performed over a period of six years. Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: "These contracts reflect

L3Harris Technologies has received a new contract valued at nearly $400 million to produce additional solid rocket boost motors and Liquid Divert and Attitude Control Systems (LDACS) as a supplier to the prime contract for the Missile Defense Agency’s Terminal High Altitude Area Defense (THAAD) system. THAAD is one of the nation’s primary defenses against short, medium and intermediate-range missiles. “THAAD is the only U.S. system designed to intercept targets out

SOURCE Tactical Gear, a global leader in tactical protection, hydration systems, and modular load-carry solutions, announces a significant advancement in women’s ballistic protection, continuing its long-term commitment to developing dedicated solutions for female fighters and law-enforcement personnel. Building on growing operational recognition of the need for gender-specific armor, the company has developed the world’s first and only anatomically contoured hard ballistic plate

American shipbuilder, Davie Defense, has been awarded a contract from the United States Coast Guard (USCG) to build five Arctic Security Cutters (ASCs), a new class of polar icebreaker critical to increasing U.S. presence in the Arctic. As part of the program of up to 11 total ASCs, authorized by the Presidential Memorandum "Construction of Arctic Security Cutters," two ASCs will be constructed in Finland at Davie Defense's sister facility, Helsinki Shipyard. Building

BAE Systems (LON: BA) has received Foreign Military Sales contracts from the U.S. Army valued at $137 million to deliver its AN/AAR-57 Common Missile Warning Systems (CMWS) to allied nations. The system helps protect aircraft and crews, enhancing their survivability against missiles and other advanced threats. The CMWS detects infrared and radio-frequency guided missiles, unguided munitions, and other threats, and automatically cues warnings and countermeasures in real time. The sys

Teledyne FLIR OEM, a Teledyne Technologies Incorporated company (NYSE: TDY), today announced the launch of Neutrino SX8 ISR 50-1000, the latest addition to the rebranded Neutrino ISR Series (formerly the Neutrino Ground ISR Series). With a 20x continuous zoom (CZ), the high-performance model represents the longest-range solution to date in the entire Neutrino ISR lineup. “The intelligence, surveillance, and reconnaissance (ISR) market in 2026 continues to expand to accommodate

 Jacobs has been awarded a contract under the U.S. Missile Defense Agency's Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity contract, which has a ceiling value of $151 billion. The contract encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities with increased speed and agility. Jacobs Executive Vice President Susannah Kerr said: "The contract is focused on the develo

Persistent Systems, LLC ("Persistent"), a leader in mobile ad hoc networking (MANET), announced that the U.S. Air Force awarded the company a $7 million contract to upgrade the Wave Relay® Tactical Assault Kit (WaRTAK) program for securing convoys carrying strategic nuclear assets. As countries around the world accelerate their nuclear capabilities, the United States continues to ready its assets for protecting the nation. Convoys that transport our nuclear assets betw

BAE Systems (LON: BA) has received Foreign Military Sales contracts from the U.S. Army valued at $137 million to deliver its AN/AAR-57 Common Missile Warning Systems (CMWS) to allied nations. The system helps protect aircraft and crews, enhancing their survivability against missiles and other advanced threats. The CMWS detects infrared and radio-frequency guided missiles, unguided munitions, and other threats, and automatically cues warnings and countermeasures in real time. The sys

Teledyne Technologies Incorporated (NYSE:TDY), a global leader in advanced imaging and sensor solutions, is pleased to announce the start of production on multiple awards to deliver state-of-the-art infrared Focal Plane Modules (FPMs) in support of the Space Development Agency’s (SDA) Tracking Layer Tranche 3 (TRKT3) program. These sensors will support SDA satellites in low Earth orbit (LEO) as part of SDA’s Proliferated Warfighter Space Architecture (PWSA), designed to strengthen

Oshkosh Defense, an Oshkosh Corporation [NYSE: OSK] company, announced today it was awarded an additional $25 million contract from the U.S. Army to deliver FMTV A2 Low-Velocity Airdrop (LVAD) 4x4 Cargo vehicles and kits. This order, following a recent Army contract for 97 vehicles, demonstrates strong and sustained customer demand for mission-critical tactical mobility solutions in extreme environments. “This award underscores our commitment to supporting the U.S. A