Press Releases

BAE Systems (LON: BA) was awarded a $22 million contract by the U.S. Navy to produce missile canisters for the Mk 41 Vertical Launching Systems (VLS), with the total value potentially reaching $317 million if all options are exercised. This follows a contract award with a total value of $738 million for Mk 41 VLS missile launching canisters last July. These awards reflect BAE Systems' leading expertise in missile launch canisters for the U.S. Navy. Under the contract, the compan

AeroCore Technologies is announcing the award of a new and expanded engine wash system contract with the United States Marine Corps, covering all Marine Aircraft Wings, including those stationed in Hawaii and forward-deployed forces in Japan. This award reflects Marine Aviation's confidence in AeroCore's proven ability to enhance readiness and optimize engine wash operations. The agreement focuses on technology and data to optimize engine washing for the USMC. AeroCore's

The Raytheon-Rafael Protection Systems (R2S) joint venture was awarded a $1.25 billion contract to supply Israel with Tamir surface-to-air missiles. Raytheon is an RTX (NYSE: RTX) business. The direct commercial sales contract includes missiles, missile kits and test equipment. The companies used a $33 million capital investment to establish the new facility, which opened earlier this month in East Camden, Arkansas. The facility was established to support the Israel Missile Defense

Elbit Systems Ltd announced today that it has been awarded contracts from the Israel Ministry of Defense in an aggregate amount of approximately $210 million for the upgrade of Merkava Main Battle Tanks (MBTs). The contracts will be performed over a period of six years. Under these contracts, Elbit Systems will carry out an extensive renewal of the electronic assemblies of the tanks to extend their operational service life, as well as the upgrade and enhancement of multiple onboard

Collins Aerospace, an RTX (NYSE: RTX) business, and the Royal Netherlands Air and Space Force (RNLASF) have signed a contract to build a new military avionics service center in the Netherlands to support European F-35 and CH-47F fleets. Under the multi-decade government-owned, contractor-operated partnership, Collins will bring repair expertise and depot technology for the F-35 and the CH-47F. They will also manage the repair supply chain as part of its global military services netw

Interlune announces it has been selected by AFWERX for an SBIR Direct-to-Phase II contract in the amount of $1.25M focused on new technology to separate helium-3 from domestic helium and increase the country's supply of this critical isotope. Helium-3 is essential for cooling superconducting quantum computers to the near absolute zero temperatures necessary to function, and this effort aims to address the most pressing challenges in the Department of the Air Force (DAF). The Air

Shield AI and Destinus today announced a strategic partnership to integrate Hivemind, Shield AI's mission autonomy software, across Destinus' aerial platforms. Together, the companies are creating the first scalable, cross-platform autonomy architecture jointly developed by next-generation defense leaders in Europe and the United States. By combining Shield AI's battle-proven autonomy with Destinus' industrial-scale European manufacturing, this partnership accelerates the deli

Elbit Systems Ltd. announced today that it has signed an international contract for a strategic solution in an amount of approximately $2.3 billion. The contract will be performed over a period of eight years. Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems: "Elbit Systems continues its significant investment in a broad range of advanced systems and solutions that provide our customers with a competitive advantage. This contract provides important recognition of ou

Leonardo DRS, Inc. announced today that it has signed a contract from Chaiseri Defense Systems to provide its advanced Battle Management System (BMS) and integration support services to modernize the Royal Thailand Army’s Stryker situational awareness capabilities. The agreement underscores the strong and growing partnership between the two companies and reinforces Leonardo DRS’s long-term commitment to supporting Thailand’s modernization priorities. Under the cont

Space Kinetic has been awarded a multi-million dollar contract from the Defense Advanced Research Projects Agency (DARPA) to accelerate the development of its groundbreaking architecture for asymmetric space-based missile defense. This award marks a significant milestone in Space Kinetic's mission to deliver game-changing solutions for missile defense and space superiority that win at scale and on the margin.  Under this contract, Space Kinetic will further refine its '

Amentum has been awarded the Remotely Piloted Aircraft (RPA) Maintenance Support IDIQ contract by the Air Force Air Combat Command with a ceiling value of up to $995 million. The MQ-9 Reaper is an essential unmanned aerial system equipped with cutting-edge technologies including sensors, armaments, ground control stations, and a satellite link. Unmanned aerial systems are a strategic element of today’s modern warfare and ensure the U.S. maintains its competitive military edge.

XTI Aerospace, Inc. the developer of vertical flight technologies and the TriFan 600 next-generation vertical takeoff and landing (VTOL) aircraft for commercial and defense aerospace applications and the emerging Vertical Economy™, today announced that on November 10, 2025, it acquired Drone Nerds, LLC ("Drone Nerds"), one of the largest distributors and service providers of drones in the United States with more than $100 million in 2024 annual revenue, greater than $55 millio

The Office of the Assistant Secretary of War (OASW) for Special Operations / Low-Intensity Conflict (SO/LIC) Capability Development & Innovation (CD&I) Directorate competitively awarded XTEND Reality Inc., a multi-million-dollar Firm Fixed Price Contract to rapidly develop and deliver Affordable Close Quarter Modular Effects FPV Drone Kits – (ACQME-DK). The contract award is a testament to XTEND's leadership in the OWA market and a clear customer preference for a high-voltag

SAFE Structure Designs, a leading Defense Contractor of ergonomic safety-first support equipment, announced today that it has been awarded multiple consecutive contracts to design, engineer, and manufacture specialized tooling and test stands for the U.S. Air Force's T-38 Talon aircraft. Under these contracts, SAFE Structure Designs is rebuilding and modernizing critical legacy tooling—equipment that had become outdated or unavailable, yet remains essential for performing accurate t

General Dynamics NASSCO, a business unit of General Dynamics (NYSE:GD), announced today that it has been awarded $1.7 billion for the construction of T-AO 215 and T-AO 216. The ships are part of NASSCO's current multi-ship contract from the U.S. Navy for the construction of up to eight additional John Lewis-class fleet replenishment oilers (T-AO 214 through 221). "The T-AO program holds significant importance to the men and women of NASSCO and is one we take great pride in