Business
Raytheon Wins $745 Million MDA Contract for SM-3 IIA Interceptors
Raytheon, an RTX business, won a $745 million Missile Defense Agency contract for SM-3 IIA interceptor production and sustainment through 2031.
Defense
Raytheon Wins $745 Million MDA Contract for SM-3 IIA Interceptors
Raytheon, an RTX business, won a $745 million Missile Defense Agency contract for SM-3 IIA interceptor production and sustainment through 2031.
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Northrop Grumman Signs $3 Billion Missile Defense Production Frameworks
Northrop Grumman signed two seven-year framework agreements worth more than $3 billion to expand PAC-3 MSE and THAAD missile component production.
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Pentagon Signs Framework Deals to Expand Patriot and THAAD Component Production
The Pentagon signed Aug. 3 framework deals with Lockheed Martin and Northrop Grumman to expand Patriot PAC-3 and THAAD component production.
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Kratos wins $100 million sole-source space surveillance contract
Kratos received an approximate $100 million sole-source prime award for a ground-based space domain awareness system, adding to its defense backlog.
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Rheinmetall wins $1.1 billion share of UK Army training deal
Rheinmetall won a contract worth just under €1 billion in the UK's 15-year Army training modernisation programme, adding long-term defence revenue.
Germany to buy U.S. Tomahawk missiles and base them at home
Germany plans to buy U.S. Tomahawk missiles and station them at home, adding long-range strike capacity. Quantities, value and timing remain unclear.
Rheinmetall, MBDA win German Navy laser weapon development contract
Germany awarded Rheinmetall and MBDA a mid three-digit million-euro contract to develop a naval laser weapon system due to be operational by 2029.
U.S. Army Awards Lockheed $9.8 Billion Patriot Missile Contract
The U.S. Army awarded Lockheed Martin a $9.8 billion multiyear contract for 1,970 PAC-3 MSE interceptors for U.S. forces and international partners.
U.S. Army launches FUZE to speed new technology to soldiers
The U.S. Army has launched FUZE, targeting about $750 million a year to speed drones, counter-drone, EW and energy tech to troops.
Editor's Pick
Anthropic and OpenAI Test the Rules for Valuing AI Revenue
AI · · 6 min read
Combined private-market valuations above $1 trillion rest on revenue growth that is real but far smaller, forcing investors to separate consumption run rate from durable recurring revenue.
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