Astronics reported third-quarter 2026 results on November 10, and almost every line set a record. Sales rose 28.5% to $271.7 million. Operating income roughly doubled to a record $54.0 million, or 19.9% of sales. The shares rose about 5%. Aerospace carries it The Aerospace segment, which supplies aircraft lighting, power, in-flight entertainment and connectivity systems, had … [Read more...] about Astronics (ATRO) Posts Record Operating Income on 28 Percent Sales Growth as Aerospace Margins Reach 23 Percent
US Army
Deepnight Wins Army OTA Under DUTCH Program to Bring AI Night Vision Processing to Cheap Thermal Sensors
Deepnight, a San Francisco startup that does night vision with AI instead of image intensifier tubes, has won a US Army Other Transaction Agreement to bring the same approach to thermal sensing. The award sits under the Army's Delivering Unmatched Thermal Capability Hastened program, DUTCH for short. The value wasn't disclosed. The target is cost. Good thermal sensors run … [Read more...] about Deepnight Wins Army OTA Under DUTCH Program to Bring AI Night Vision Processing to Cheap Thermal Sensors
Firehawk Defense Raises $150M+ Series D at Over $1.4B Valuation to Mass-Produce Rocket and Artillery Motors
Firehawk Defense has closed an upsized, oversubscribed Series D of more than $150 million at a valuation above $1.4 billion. Advent and Rochefort Asset Management led the round. The Dallas company raised a $60 million Series C only in September 2025, and took a strategic investment two months later to speed up solid rocket motor production. That's a fast climb for a motor … [Read more...] about Firehawk Defense Raises $150M+ Series D at Over $1.4B Valuation to Mass-Produce Rocket and Artillery Motors
Defense Contracts Roundup: Army Buys Lighter Javelin Launchers, DARPA Funds Terahertz Radar, DHS and NASA Award Support Deals
Four awards crossed the wire this week. One is a production order for a weapon the Army can't buy fast enough. One is a small research bet on a radar band nobody fields yet. The other two are services contracts, the kind that keep the lights on for government programs and rarely make headlines. Together they cover most of the market in miniature: munitions, research, … [Read more...] about Defense Contracts Roundup: Army Buys Lighter Javelin Launchers, DARPA Funds Terahertz Radar, DHS and NASA Award Support Deals
Meet the ISV: The Army’s Lightweight Vehicle Built for Speed Over Armor
The U.S. Army's Infantry Squad Vehicle (ISV) is a lightweight, unarmored ground transport built to move fast through terrain where heavier vehicles struggle. Developed by GM Defense — based in Detroit, Michigan — the ISV is designed to carry nine soldiers and their equipment rapidly across environments where the Army's heavier tactical vehicles become a liability rather than an … [Read more...] about Meet the ISV: The Army’s Lightweight Vehicle Built for Speed Over Armor