-
British BAE Systems Raises Free Cash Flow Forecast to £3 Billion as 2026 Orders Reach £33 Billion
BAE Systems now expects about £3 billion of free cash flow in 2026, up from more than £2 billion, after securing £33…
-
US Missile Defense Agency Awards $75M to Flight Test Long Wall’s Low-Cost Cyclops Interceptor
The Missile Defense Agency has awarded Long Wall $75 million to complete flight testing of Cyclops, a hit-to-kill midcourse interceptor the company…
-
Lockheed Martin Earnings: Missiles Drive $292B Backlog as F-35 Lot 20 Costs Outrun Funding
Lockheed Martin raised its 2026 outlook after Q3 sales rose 11% to $20.7 billion. Multiyear interceptor awards lifted backlog to a record…
-
Missile Defense Agency Extends Raytheon’s Nearly $3B AN/TPY-2 Radar Deal to 2028 as Iran War Strains THAAD Fleet
The Missile Defense Agency has extended Raytheon’s sole-source AN/TPY-2 sustainment contract to October 2028, lifting its ceiling to nearly $3 billion as…
-
US Supplier Karman to Build THAAD Interceptor Shrouds for Lockheed Martin in $218M Deal
Karman Space & Defense will build THAAD interceptor shrouds for Lockheed Martin under a seven-year, $218 million agreement, a sub-tier commitment tied…
-
US Signs APKWS Production Framework for Up to 25,000 Counter-Drone Interceptors a Year
The Department of War and BAE Systems have agreed a seven-year framework to buy up to 25,000 APKWS guidance sections a year,…
-
North Korea IRBM Test: Kim Yo Jong Claims AI Missile Beat Allied Radars
North Korea says an intermediate-range strategic missile fired from Wonsan used AI-assisted maneuvers that allied radars could not track. Seoul and Tokyo…
-
L3Harris Secures $6B+ THAAD Propulsion Contract to Quadruple Output
L3Harris will build a new boost motor plant and expand LDACS capacity under a seven-year THAAD propulsion contract from Lockheed Martin worth…
-
US Interceptor Production Hinges on Rocket Motors as L3Harris Scales Up
L3Harris says the U.S. needs cheap and exquisite munitions alike. Budget data back the pairing but place the real limit on interceptor…