Saab has received an order valued at approximately SEK 2.6 billion ($238 million) from Sweden’s Defense Materiel Administration (FMV) covering the

via Al Jazeera – Breaking News, World News and Video from Al Jazeera — The company's cofounder is also an ex-Israeli soldier. Pakistan does not recognise Israel.

The Department of War listed a $2.293 billion Lockheed Martin contract vehicle for F-35 site activation, support setup and sustainment services.

L’Agence de l’investissement pour la défense – qui a été créée en octobre par le gouvernement Carney afin de simplifier et d’accélérer l’approbation de contrats en matière de défense – retient les ser...

The U.S. Army has announced the selection of five nuclear energy vendors and five initial locations to develop and operate nuclear microreactors under the Janus Program. Partnering with the Defense Innovation Unit, the project will allocate up to $2.2 billion in funding to enhance military energy resilience and global power projection capabilities. The selected vendors—Antares Nuclear Inc., BWXT Advanced Technologies LLC, General Atomics Electromagnetic Systems, Radiant Industries Inc., and Westinghouse Government Services—are based at major Army installations including Fort Bragg, Fort Campbell, Fort Hood, Fort Benning, and Fort Drum. This initiative aims to reduce reliance on external power grids by providing secure, reliable baseload energy for military operations. The program also emphasizes collaboration with private sector partners to accelerate technological advancements and ensure accountability through milestone-based funding. With plans to deploy over 20 reactors across War Department sites by 2028, the Army highlights its role in revitalizing American nuclear industrial capacity while supporting national security objectives. The project aligns with Executive Order 14299, which mandates the development of nuclear energy solutions for military applications.

Letara, a Sapporo-based Japanese space tech startup, is expanding its focus beyond satellite thrusters into large rocket systems for space, defense, and security markets. The company secured ¥2.6 billion (~$16 million) in funding led by Headline Asia, JIC Venture Growth Investment, and Frontier Innovations (backed by JAXA). This round aims to commercialize hybrid propulsion technology that separates solid fuel from liquid oxidizers, using affordable materials like plastic and rubber. The technology addresses challenges in thrust generation, performance, and combustion control, positioning Letara to compete globally. The global hybrid rocket market is projected to grow from $848 million in 2024 to $2.6 billion by 2032. Letara's co-CEO, Shota Hirai, emphasized the need for high-thrust systems to navigate space and radiation belts, while also targeting satellite operators, launch companies, and governments. The startup has already secured contracts but needs to establish scalable manufacturing and supply chains. Competitors include companies like Interstellar Technologies and Galactic Energy, with Letara aiming to leverage Japan's growing aerospace sector.

County executive Bogle reported on regional defense contracting opportunities she pursued at a Defense and Innovation Summit, announced two cruise calls in 2028 arranged by Victory Cruise Lines (no taxpayer cost), and said she plans to pursue removal from the multi-county workforce development board to the state.

The Department of War announced a not-to-exceed $213 million Boeing P-8A modification for foreign military sales aircraft reconfiguration work.

Boeing (NYSE: BA) stock falls after $280M Air Force One overrun hits Q2 earnings. Miss overshadows $529B record backlog & cash flow rebound.

Mistral AI is reportedly closing a €3bn Series D at a €20bn valuation, with the EU's Scaleup Fund in talks to lead. The round signals more than just capital — it reflects a deliberate repositioning toward defense and government contracts that echoes Palantir's playbook.

The July 17 Department of War contract notice raised NSSL Lane One ceilings and awarded radar digitization agreements, with key caveats on obligations and task orders.

Acting Pentagon Comptroller Jules W. Hurst III faced pointed questioning during his Senate Armed Services Committee confirmation hearing regarding billions of dollars in federal defense contracts reportedly awarded to companies connected to President Donald Trump's sons. During the hearing, Senator Elissa Slotkin of Michigan raised concerns about the comptroller's responsibility in approving the movement of federal funds associated with those contracts. She referenced reporting that since the beginning of President Trump's second term, Eric Trump and Donald Trump Jr. have obtained approximately $3.2 billion in federal defense contracts, with an additional $3.1 billion in potential future awards under consideration. The article also notes that Donald Trump Jr. is a partner at 1789 Capital, an investment firm focused on defense technology companies. Hurst responded that the comptroller does not directly award contracts, attempting to distinguish his office's financial oversight role from the contracting process itself. Slotkin, drawing on her previous experience as acting assistant secretary of defense, challenged that distinction, arguing that the comptroller ultimately authorizes the movement of funds and therefore plays a critical role in enabling such contracts. She emphasized that without approval to move the money, the contracts could not proceed, making Hurst accountable for financial oversight. The exchange highlighted broader concerns about potential conflicts of interest, transparency, and accountability in the administration of defense spending when contracts involve businesses connected to members of the president's family. The article primarily focuses on the Senate hearing and the debate over the comptroller's responsibilities rather than presenting conclusions about the legality or propriety of the contracts themselves.