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I'm generally skeptical of defense-tech valuations that double in a matter of months, because most of them are pricing in a procurement win that hasn't happened yet rather than anything that shipped. Anduril going from a $61 billion round in May to talks around $100 billion now reads, on the surface, like exactly that pattern. I don't think it's just hype this time, and the … [Read more...] about Anduril’s $100 Billion Talks Assume a Capability Gap the UK and US Just Tried to Measure

Arkenstone Defense has come out of stealth with $35 million in seed funding aimed at a problem that has quietly throttled the Pentagon's push for commercial innovation: the sheer operational burden of becoming a government contractor. The round was led by J2 Ventures, with Susa Ventures, Granite Hill Capital Partners, and Artis Ventures also participating. The pitch is … [Read more...] about Arkenstone Defense Emerges From Stealth With $35 Million to Fix Pentagon’s Commercial Onboarding Problem

NATO Secretary General Mark Rutte announced at the NATO summit in Ankara, Türkiye, that the Alliance will open formal negotiations with Saab over the potential acquisition of up to ten GlobalEye Airborne Early Warning & Control (AEW&C) systems. No contract has been signed and no order has been placed at this stage, but the announcement confirms GlobalEye as NATO's selected … [Read more...] about NATO to Begin Formal Negotiations with Saab for Up to Ten GlobalEye AEW&C Aircraft

SES's wholly-owned subsidiary, SES Space & Defense, has won a five-year Blanket Purchase Agreement (BPA) with the U.S. Space Force's Space Systems Command to deliver managed satellite services. The agreement gives the Department of War a fast, streamlined way to order global Ku-band connectivity for personnel and assets operating in remote locations. The BPA is built around … [Read more...] about SES Space & Defense Secures Five-Year Space Force Satellite Services Contract

Lockheed Martin (NYSE: LMT) and Rheinmetall have signed a memorandum of understanding to establish co-production of ATACMS missiles in Europe, announced during the NATO Summit Defense Industry Forum. The agreement, backed by both the U.S. and German governments, lays the groundwork for a joint venture that would become the first European center of excellence for manufacturing, … [Read more...] about Lockheed Martin and Rheinmetall Sign MOU for European ATACMS Co-Production

On June 18, 2026, Ondas Inc. (Nasdaq: ONDS) announced a definitive agreement to acquire Cyberhawk Holdings Limited for approximately $125 million, funded roughly 95% in cash with Cyberhawk leadership rolling about $5 million of proceeds into Ondas common stock under a one-year lock-up. The deal is expected to close in the third quarter of 2026, subject to regulatory approval. … [Read more...] about Ondas (ONDS) Acquires Cyberhawk for $125 Million, Extending Its Defense Autonomy Platform Into Critical Infrastructure

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated, has secured a significant win with the U.S. Army selecting its Rogue™ 1 loitering munition system for the Low Altitude Stalking and Strike Ordnance (LASSO) program. The Army’s LASSO initiative is focused on giving Infantry Brigade Combat Teams a lightweight, man-portable precision strike capability with … [Read more...] about Teledyne FLIR Defense Selected by U.S. Army for LASSO Loitering Munition Program

The emergence of Heaviside Industries from stealth with a $28 million Series A isn’t just another defense-tech funding announcement—it’s a pretty clear signal of where modern warfare is heading, whether people are comfortable with it or not. Backed by firms like Menlo Ventures and Flume Ventures, alongside a mix of high-profile individual investors with deep ties to global … [Read more...] about Heaviside Industries Raises $28M to Push Autonomous Warfare Into Its Next Phase