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Kratos Defense and Security Solutions (Nasdaq: KTOS) will initially manufacture 35 subsonic aerial target systems for the U.S. Navy as part of a potential $130.1M full-rate production contract. The service branch placed an initial $29.2M order for the first batch of BQM-177A SSATs along with the technical data package, Kratos said Monday....

The State Department has approved South Korea's request to purchase $158.1M in Raytheon Technologies-built (NYSE: RTX) Sidewinder missile systems along with a suite of associated equipment from the U.S. government under a foreign military sales transaction....

Primer has appointed retired Army Gen. Raymond Anthony Thomas III and retired Air Force Lt. Gen. VeraLinn Jamieson as advisory board members to help grow the company's work in the defense and intelligence sectors. “From their time spent on the battlefield and in the Pentagon, they know exactly what kinds of capabilities our military requires...