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The two-year base period runs $68.8 million, climbing to $606.5 million if all five one-year options are exercised MDA placed the order through the Air Force’s Enterprise-Wide Agile Acquisition Contract Northrop will supply simulation and threat-modeling tools that could predict potential attack scenarios Northrop Grumman has received a task o...

HII posted $3.4 billion in fiscal 2026 second-quarter revenue The company logged $6.7 billion in new contract awards, bringing total backlog to $57.3 billion The 2026 Navy Summit will explore AI, shipbuilding, digital engineering and more HII reported $3.4 billion in fiscal 2026 second-quarter revenues, up 10.9 percent year-over-year, and ended the ...

Kleiner Perkins and ICONIQ led the round, joined by CapitalG, Lightspeed, ARK Invest and others The Space Force awarded K2 a $22.9 million contract for two Enterprise Space Terminals CEO Karan Kunjur said the raise positions K2 to build up to 100 large satellites a year Satellite manufacturer K2 Space closed a $500 million Series...

The all-cash transaction, valued at $450 million, is expected to close in the fourth quarter of 2026 pending regulatory approval Raft’s technology uses AI and open-architecture software to fuse data from multiple sources and support real-time decision-making The acquisition strengthens Leonardo DRS’ push into software-driven mission capa...

Diluted EPS rose 13.4 percent to $4.24, with operating margin widening 40 basis points to 10.4 percent Aerospace led all segments, posting 15.1 percent revenue growth as Gulfstream delivered 41 jets Backlog closed at $136.5 billion, up 32 percent year over year General Dynamics has reported second-quarter revenue of $14.1 billion, an 8.1 percent inc...

TrendAI VP Jon Clay has discussed how AI is reshaping cyber risk for agencies Clay points to Vision One and the Zero Day Initiative as core defense tools TrendAI backs sovereign private clouds and data centers for secure AI use Jon Clay, vice president of threat intelligence at TrendAI, a Trend Micro business unit, said...

Boeing will provide engineering support to reconfigure four P-8A aircraft for a foreign military sales customer The work will include non-recurring engineering to tailor the aircraft to the customer’s operational requirements The Navy obligated nearly $75 million in foreign military sales funding at the time of award Boeing has secured a poten...

Each entry must pair a mature unmanned surface vessel with at least two drones able to strike and return a battle damage assessment The vessel needs at least a 200-nautical-mile reach and a minimum of 10-knot cruise speed DIU has set aside a separate $200 million for follow-on prototyping or production deals The Defense Innovation...

Leidos has secured a task order to support Air Combat Command’s ISR operations The task order has a potential value of $717 million over five years The 2026 Air and Space Summit will explore AI, commercial space relay and more Leidos has received a potential five-year, $717 million task order from the U.S. Air Force...