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Hadrian secured $1.37 billion in a Series D funding round led by JPMorgan Chase’s Strategic Investment Group to accelerate AI-powered factory expansion and workforce growth in US defense manufacturing.
The U.S. Navy is looking into integrating advanced payload launchers for future attack boats, aiming to support undersea weapons and drones. This move could enhance the capabilities of the fleet’s attack boats and potentially impact American shipbuilding and defense industry.
Performance Drone Works secured an $820 million conditional loan from the Department of Defense to expand domestic manufacturing capacity of critical drone components. The investment aims to strengthen the U.S. drone supply chain and support high-volume production in the domestic industrial base.
Prometheus Energetics outlines its strategy to increase domestic rocket motor capacity, enhance supply chains, and boost competition in the defense sector. This move could have positive implications for American industry and workers involved in missile production.
Austal USA and Alabama Shipyard have successfully launched AFDM 15, marking the first auxiliary floating drydock constructed for the U.S. Navy in more than four decades. This development holds significance for American shipbuilding industry and showcases the country’s continued investment in maritime infrastructure.
SpaceX has been awarded a $1.6 billion task order to launch ‘sensing and targeting’ satellites for the Space Force, marking the first contract award since the Space Force’s significant funding increase in July. This development highlights the continued partnership between SpaceX and the U.S. government in advancing space technology and national security capabilities.
A recent executive order has been issued to increase the restrictions on U.S. defense contractors purchasing critical minerals and materials from prohibited foreign suppliers. This move aims to enhance the security of the defense supply chain, potentially benefiting American industry, workers, and national defense capabilities.
Curtiss-Wright is investing $80 million to expand its Cheswick, Pennsylvania operations, adding two new buildings and creating approximately 150 new jobs. The expansion supports advanced manufacturing for naval defense and commercial nuclear markets.
The Navy has awarded TOTE Services a $2.2 billion contract to oversee the construction of Marine Corps’ Landing Ship Medium program, with potential options for up to eight vessels. This development highlights ongoing investment and production in the shipbuilding industry, showcasing the collaboration between Gulf Coast-based Bollinger Shipyards and Wisconsin-based Fincantieri Marinette Marine to support American competitiveness and skilled work.
Brett Velicovich, co-founder of Powerus and a U.S. Army veteran, discusses the company’s efforts to localize the drone manufacturing process in the United States. This move could have implications for American industry and skilled workers involved in defense production.
Coverage of the U.S. defense industrial base, including military manufacturing, contracts, shipyards, munitions, technology, suppliers, and skilled defense workers.
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