Defense

Industrials

SpaceX Rival Rocket Lab Scores Record Contract in as Space Race Engines Roar

Photo via The Rocket Lab/ZUMA Press/Newscom

The $266 million Space Force deal covers at least 12 suborbital launches, with the first set for later this year.

2 min read

Photo via Lev Radin/ZUMAPRESS/Newscom

Industrials

Defense Contractors Amass Record Backlogs as Military Spending Ramps Up

The Trump administration has asked for a 44% increase in military spending in 2027, bringing the Pentagon budget near $1.5 trillion.

2 min read
Photo via Anduril Industries

Industrials

Electric Aircraft Outshine Boeing, Airbus Deals as Farnborough Air Show Kicks Off

Air taxi firm Archer unveiled a hybrid-electric eVTOL jointly developed with buzzy defense startup Anduril for commercial and military use.

2 min read
Photo via Michael Brochstein/ZUMAPRESS/Newscom

Industrials

Lockheed Martin Places $3.5B Bet on Undersea Warfare Tech

On Monday, the defense contracting giant announced a $3.5 billion acquisition of naval-defense company Ultra Maritime.

2 min read

Autos

Why European, Especially German, Automakers are Going on Defense, Literally

Photo via Doroni

With the German car industry mired in structural disarray, the pivot to the thriving defense sector has fast become a sign of the times.

2 min read

Energy

JPMorgan Warns of ‘National Security Risk’ from Aging Power Grid

Photo via imageBROKER/Jim West/Newscom

The grid is already being tested by the massive demand for data centers to support the artificial intelligence boom.

2 min read

Industries

Defense Darling Anduril Grapples with Military Tech Glitches

Photo via Pedro Fiuza/ZUMA Press/Newscom

Anduril was last valued at $30 billion in June, when its $2.5 billion fundraising round was oversubscribed eight times.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.