Business
AI boat maker Saronic smashes $9 billion valuation
The company just closed a $1.75 billion funding round with eyes on increasing production tenfold.
Policy
Space Command wants to move nearly 200 people to new Alabama HQ this year
April will see the ribbon cut on a new top-secret facility, its commander told lawmakers.
Defense Systems
More Columbia-class submarines?
Sen. Tommy Tuberville floated the idea of fielding 16 instead of the planned dozen.
Defense Systems
Navy bets $900M on automated factories to boost submarine production
Four-year-old Hadrian wins contract as service seeks to offset worker shortages.
Policy
Record-smashing $1.5-trillion spending proposal will fund only the ‘most essential things’: comptroller
The Pentagon’s acting CFO also said that just a sliver of the $153 billion reconciliation funds remains unallocated.
Business
Demand signals are up, but supply chain risks may still hinder production
As the Trump administration pushes for faster weapons production, supply-chain vulnerabilities could trip progress.
Business
Missile makers agree to ‘quadruple’ production, Trump says
The announcement comes after months of White House pressure on defense companies to build weapons faster.
Business
The Pentagon’s investment deals draw congressional scrutiny
DOD weapons buyer Michael Duffey testified about the decision to invest $1 billion in L3Harris.
Threats
Pentagon pick to lead homeland defense policy grilled over election security
The heated debate follows President Trump’s calls to “nationalize” elections.
Business
Embraer joins Northrop to devise autonomous boom system for KC-390 tanker
The deal aims to court international buyers and the Air Force as it sketches out its future refueling program.
Business
Boeing moves its defense HQ back to St. Louis
The aerospace giant’s global headquarters will remain in Arlington, Va.
Business