Welcome to Tuesday's Saved Rounds, where we send out all the goodies we couldn't squeeze into our Sunday newsletter.
In that Number
$200 billion and 50 years
The Navy's Shipyard Infrastructure Optimization Program will cost more than $200 billion and take more than 50 years.

Zoom in
Anduril announced it can no longer work at risk on the FQ-44 without government funding, and that one decision exposes what venture capital cannot buy: an appropriation.
Zoom in here for the limits of build first, buy later.
THE SHOW!
No Drilling
Mike talks with Jim Becker, President and CEO of Perfect Point EDM, about the E-Drill, a tool that removes fasteners with electro discharge machining instead of mechanical drilling or pulling.
This is our first-ever episode that looks at new technology in the maintenance, repair, and operations (MRO) side of defense and aerospace.
Check it out!

Saved Rounds
Cambridge Aerospace’s Skyhammer interceptor is heading to Japan
Defense Unicorns won a $350M Army IDIQ for open-source software delivery
Saab signed a term sheet with Canada for 6 GlobalEye jets
Thailand ordered a third Lanza 3D radar from Indra
Denmark bought 9 more Dropla 4x4 ground robots for its training center
Anduril was awarded $15.7M from the Marine Corps for Pulsar-Lite systems
The Space Force wants commercial antennas to replace 19 Cold War dishes
Shield AI & Kraken demoed autonomous teaming with 2 USVs in the UK
Liminal Industries advanced to GroundBreaker Phase II with its DUEL-V UGV
NATO's DIANA will overhaul its challenges in 2027 with rolling 3-month sprints
Aerostar won a $64M Air Force contract for a secretive high-altitude balloon
Raytheon received $30M to expand suppliers for AIM-9X parts
L3Harris secured a $52M prox fuze order for guided APKWS rockets
Hertha Metals raised $133M; the US government took a $42M stake
Shield AI picked Seattle for X-BAT production
CHAOS Industries opened a 100,000 sq ft headquarters in El Segundo
Helsing says its AI pilot beat human pilots in simulated dogfights
Deep Blue Aerospace raised $298M for its reusable Nebula rockets
The Navy ordered $123M more Lionfish underwater drones from HII
The Air Force ordered 22 more F-15EXs for $2.3B
Boeing received $16.7M to plan the Super Hornet line shutdown
The Air Force wants to add a missile warning system to the F-15EX
Australia flew an AIM-260 missile on a Super Hornet
WindBorne Systems got a $48M Air Force contract for weather balloon data
Taiwan received the first 2 of 66 F-16 Block 70s, 3 years behind schedule
ICEYE & Nokia are building sovereign LEO broadband for Finland
DARPA wants a hypersonic cruise missile for jets, ships and bombers
Foundational raised a $10.8M pre-seed to automate satellite laser ranging
Draganfly raised $10M from Unusual Machines and a US investment fund
The EDA advanced 5 firms to Stage 2 of its $2.1M loitering munition prize
Ballistic Defense System unveiled Matador, a Moroccan attack drone
Sikorsky won an Army contract for 16 Black Hawks, expandable to 100+
BeeX, BlackSea, & Vatn received mine countermeasure prizes
The Space Force retired its last DSP satellites, ending 56 years of warning
AM General is reviving the Humvee
BAE Systems won a $16M order for M-Code receivers on JPALS
RedLattice is going public via SPAC at a $1.25B valuation
Powerus went public via SPAC merger
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