Covenant fired its missile into the Moroccan desert on 6 August, and soon afterward the world found out the company existed.
Thomson Reuters Special Services won a five-year blanket purchase agreement worth up to $125 million to provide data analytics for Immigration and Customs Enforcement screening, vetting and criminal analysis.
Denmark's Ministry of Defence purchased radars from Danish firm Weibel Scientific for detection, classification and tracking of unmanned aircraft threatening critical military infrastructure.
Elmet Group received $450 million in committed investment from the Department of War and a Defense Logistics Agency contract with a $2 billion ceiling to expand domestic tungsten manufacturing and rebuild the National Defense Stockpile.
Hanwha Defense USA is investing $2.2 billion in munitions manufacturing at Pine Bluff Arsenal, a $900 million increase from its January commitment, to expand domestic production capacity.
Tempus AI won up to $9.5 million from the Advanced Research Projects Agency for Health to develop an autonomous AI system that monitors and coordinates cardiovascular care for heart failure patients without direct human intervention.
Conti Federal Services secured a $55.4 million firm-fixed-price contract from the U.S. Army Corps of Engineers to build a Special Tactics Complex for the Oregon Air National Guard's 125th Special Tactics Squadron in Portland.
The AI benchmarking startup closed a Series A led by Andreessen Horowitz and launched a program serving federal agencies, expanding evaluation work into cybersecurity, biosecurity, and law of armed conflict.
The European Commission allocated €55 million ($63 million) in Horizon Europe grants for 2026-2027 to develop space tracking sensors and collision avoidance capabilities across European commercial companies and startups.
Empower AI secured a potential $205.1 million task order from the Defense Counterintelligence and Security Agency to provide enterprise IT customer support, service desk and knowledge center operations, with $26.1 million obligated at award.
U.S. Customs and Border Protection has forecast a $100 million requirement for maritime approaches surveillance systems to be deployed along U.S. coastlines, with solicitation expected December 1, 2026 and award anticipated Q3 FY2027.
The U.S. Department of Defense awarded over $25 million in multiple contracts for counter-uncrewed aerial system capabilities including interceptors and electronic warfare systems to support U.S. Southern Command operations.
The U.S. State Department cleared a potential $24.3 billion sale of 48 F-35 fighter jets to Saudi Arabia, pending congressional approval. The sale includes 49 Pratt & Whitney engines, communications equipment and support.
The Army awarded Lockheed Martin's Sikorsky subsidiary $234 million in undefinitized funding for 16 UH-60 Black Hawks, with total contract value of $356 million and potential for up to 150 aircraft over three to four years.
JRC Integrated Systems received a $47.4 million cost-plus-fixed-fee modification from the Navy to provide engineering and systems support for the SLCM-N nuclear cruise missile program through 2030.
CEO Jim Taiclet announced Lockheed is self-funding production of GRIZZLY, a low-cost containerized launch system, with 1,000 units planned and hundreds ready to deploy by year-end.
Kohlberg and Loenbro have acquired Prism Electric, a Texas electrical contractor with 2,500 employees serving data centers, airports and hospitals. The deal marks Loenbro's largest acquisition on record.
Satrec Initiative will manufacture and launch four 10-centimeter-class optical satellites to complement Hanwha Aerospace's 64-satellite SAR constellation, targeting ultra-high-resolution Earth imagery delivery by 2031.
Edge cybersecurity startup TigerByte Cyber raised $3M in seed funding and secured $7M in contracts with DARPA, Space Force and Navy to scale its Cyber Protection Suite for tactical hardware protection.
DHS is recompeting a firm-fixed-price task order worth more than $100 million for financial, procurement and asset management systems supporting multiple department components.
Impulse Space closed a $308 million Series D extension, bringing total Series D to $808 million at a $5.6 billion valuation. The spacecraft propulsion startup will use capital to expand hiring and manufacturing to meet growing government and commercial backlogs.
Rocket Lab closed a $1.944 billion at-the-market equity offering to finance its pending $8 billion acquisition of Iridium Communications, expected to close mid-2027 pending regulatory approval.
Gaia Dynamics raised $7 million in seed funding to expand its AI platform for global trade compliance, tariff optimization and strategic trade intelligence, with potential dual-use applications for supply-chain resilience and trade enforcement.
Autonomous ride-hail technology company May Mobility is merging with ACP Holdings at a $1.4B enterprise value and raising $337M in gross proceeds to fund expansion and technology development.
Matter Venture Partners closed its second fund at $450 million to back early-stage companies building semiconductors, robotics, quantum computing and physical AI systems that merge software intelligence with hardware manufacturing.
The U.S. Navy awarded Saronic a firm fixed-price contract to build Landing Craft Utility vessels at Port Alpha shipyard in Texas, with production starting in 2028 and first deliveries in 2029.
Airbility secured $4.7M in Series A funding to accelerate development of counter-UAS interceptor platforms with onboard autonomy. The round brings total funding to $7.6M.
The U.S. Army awarded Lockheed Martin a $1.2 billion early operational capability production contract for Precision Strike Missile Increment 2, which adds maritime-strike capability with a multi-mode seeker.
The U.S. Navy signed a $562 million fixed-price incentive contract with Boeing to produce three Lot 1 MQ-25A Stingray unmanned tankers, with initial deliveries in 2029.
The Italian cybersecurity company secured $270 million in Series C funding to expand its platform protecting autonomous machines, robots and drones with AI-powered runtime security operating at machine speed.
The U.S. Navy awarded Castelion a $43.6 million contract for manufacturing and delivery of 444 Blackbeard hypersonic All-Up Rounds under a Small Business Innovation Research Phase III basic ordering agreement.
Google Public Sector secured a single-award indefinite-delivery/indefinite-quantity contract from DHS worth $876 million to provide commercial cloud services across the department's Cumulus modernization program.
AIUC closed a $40 million Series A led by Ribbit Capital to build AI safety audit standards and testing for enterprise agents, with a suite of 5,000 tests addressing government and military deployment requirements.
Eve Security raised $4.5M to extend its seed round to $7.5M total for technology that governs and controls autonomous AI agents in real time as enterprises deploy them across sensitive systems.
Blackstone has acquired Flow Control Holdings from Audax Private Equity, positioning the stainless-steel fittings and valves manufacturer to serve growing demand for liquid-cooling hardware in AI data centers and high-performance computing.
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Pratt licenses Hermeus to build F100-PW-229 engines.
IBA Espresso - Sep 14, 2026
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