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- 🔷 Saved Rounds! 2.13.24
🔷 Saved Rounds! 2.13.24
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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They Said It
“I’d say the government is absolutely a double-edged sword, mostly on the good edge, but not always.”
— Timur Davis, investment director at Munich Re Ventures, cautioning startups on chasing dollars in R&D programs like the Small Business Innovation Research (SBIR) contracts instead of building a product.
Word of the Week
CRADA: a Cooperative Research and Development Agreement is used to share federally funded R&D with the private sector, permitting private company access to government facilities, and/or facilitating work together to develop something without exchanging any money.
Why it Matters: The Pentagon to ink a CRADA with OpenAI, maker of ChatGPT
Saved Rounds
RTX received a $75m Army contract for 600 Coyote 2C drone interceptors
Pratt & Whitney’s upgraded F-35 engines should arrive in 2029
Brazil's state-owned bank announced it will no longer finance defense businesses, leading to industry backlash
BAE revealed a new autonomous collaborative platform (ACP) design
China's CH-7 stealth drone completed testing and is projected to be operational next year
Boeing’s T-7A trainer jet faces a new delivery delay amid parts challenges
L3Harris is in ‘mature’ talks to set up a regional HQ in Saudi Arabia
The Army aims to produce 60,000 155mm shells per month by October
NASA’s JPL is laying off 8% of its workforce due to budget uncertainties
Russia’s Su-57 stealth fighter is set to get new engines
Turkey selects Northrop Grumman for F-16 EW upgrades—the ALQ-257 Integrated Viper Electronic Warfare Suite (IVEWS)
Saudi Arabia is buying MQ-9-esque WL-10 Chinese drones
The Pentagon’s latest weapons test report deemed the Navy’s CMV-22B Osprey not operationally suitable
Sweden may buy Lockheed Martin C-130Js
Xwing performed autonomous cargo delivery during a recent Air Force exercise
Poland is my buy $1.2B in tethered aerostats for elevated sensing
Synthetaic raised $15m in Series B funding for using AI to analyze data from space and air sensors
Boeing’s KC-46 wing refueling pods are delayed due to FAA certification issues
Honeywell announced an $84m investment to expand its manufacturing facility in Kansas
South Korea and Qatar are expanding military cooperation
BlackSky won $50m in contracts to provide commercial space-based intelligence for Indonesia
The Netherlands signed a $908m deal to buy JASSM-ER cruise missiles
DIU awarded Anduril a contract to prototype new capabilities for the company’s submarine drone
The Navy selected Anduril, Kongsberg, and Oceaneering International to deliver prototypes for the service’s submarine drone (LDUUV) program
Bell sled-tested a high-speed folding rotor that will inform their X-plane for DARPA’s SPRINT High-Speed Vertical Takeoff and Landing (HSVTOL) program (video)
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