Military

Industrials

Anduril Commits $3.7 Billion to Shipyard, Wins $2.9 Billion Navy Award in Defense Tech Coup

Photo via Pedro Fiuza/ZUMA Press/Newscom

The Navy’s appetite for complex and mammoth ships and submarines has long tested the capacity of even the biggest military contractors.

2 min read

Photo via Covenant

Industrials

Thiel, Andreessen-backed Defense Startup Promises Cheap Missiles as US Rebuilds Arsenal

Covenant says its factories will be capable of producing 1,000 missiles each next year, with the goal of scaling up to 5,000 missiles a year.

1 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
Photo via Polaris/Newscom

Industrials

Daring Iran War Rescue Highlights Small But Crucial Military Tech

Spending on newer military tech jumped more than 20% this year, feeding innovation like the device that helped rescuers find a downed aviator.

1 min read

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