Welcome to Tuesday's Saved Rounds, where we send out all the goodies we couldn't squeeze into our Sunday newsletter.
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In that Number
$35 billion
Lockheed Martin was awarded a whopping seven-year, $35 billion undefinitized contract action to 4X production of Terminal High Altitude Area Defense (THAAD) interceptors.
Zoom in
The new Columbia-class submarine relies on heavy rare-earth elements refined in China.
Zoom in here to see how dependent this American technology is.
They Said It
“If there is profit to be made, then it is something where industry capital will flow. Perhaps not perfectly, but eventually.”
— Rachel Riley, Chief of Naval Research, regarding the service’s new Office of Naval Research (ONR) plan to stop duplicating commercial innovation and focus exclusively on niche military requirements
Business Breakdown
Saved Rounds
Aurora Flight Sciences started building DARPA’s X-65 drone
The Pentagon shifted $1.5B to revive the stalled E-7 Wedgetail program
Lockheed Martin’s extreme-range AGM-158 XR is set to fly this year
Anduril is looking to expand into Israel
The Army wants UGVS to recover other vehicles from combat zones
MBDA unveiled a tool to reduce the time to plan cruise missile missions
York Space Systems completed LEO 2-way UHF SATCOM testing
Japan plans to rapidly deploy interceptor drones by 2027
Saab unveiled the Giraffe AMB D radar, which has a 1-second update rate
Thales & Mesko signed an agreement to localize rocket production in Poland
Standard Nuclear (maker of fuel for nuclear reactors) filed to go public
Alpine Eagle & Origin Robotics partnered on sensor-to-effector drone defense
Kraken Robotics was approved to acquire Covelya Group
Booz Allen Hamilton is acquiring Ultra Mission Solutions for $720M
TTM Technologies opened a $130M military electronics facility in New York
Ribri (Chinese) unveiled a passive acoustic system that detects drones 3 miles away
Firefly Aerospace is acquiring Space-ng to expand autonomous space ops
Lockheed Martin won an $83M Navy contract for CPS hypersonic missiles
Shield AI completed its acquisition of Aechelon
Esh-Tech unveiled DroneLight, a pulsed laser counter-drone system
JetZero showed off a revised design for its BWB aircraft demonstrator
TEKEVER & Skeleton are partnering on defense tech to deepen ties in Estonia
Ubotica raised $11M for satellite-based AI for maritime intelligence
Muon Space opened a satellite manufacturing facility in San Jose
Boeing won a $2B Space Force contract for 2 MUOS satellites
Shield AI won a $16M contract for V-BAT drones in Poland
BAE Systems & Vantor partnered to build next-gen imaging satellites
Continuous Composites is working with the Army to explore 3D printing parts for the Precision Strike Missile (PrSM)
Nordic Unmanned won an $8M COCO contract for Norway ship-based ISR (using Quantum Systems Vector drones)
AEVEX secured a $15.2M contract extension for California's FIRIS program
Saab delivered the last 2 Gripen fighters to Hungary
Boeing won an $880M Navy contract for P-8A Poseidon training systems
The Army is planning new electronic warfare test ranges inspired by Ukraine
L3Harris & Skydagger (Turkish) partnered to integrate drone-on-drone interceptors with VAMPIRE
L3Harris is building 2 Arkansas plants to boost PAC-3 missile propulsion production
The MDA is looking for mobile launchers that can fire test missiles
Raytheon won a $1.1B contract to produce more AIM-9X missiles
Airbus & Kawasaki teamed to make an anti-submarine warfare variant of the Eurodrone
SNC & Seekr formed a joint venture for AI capabilities across SNC’s portfolio
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