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Anduril Industries on Wednesday said it has raised $5 billion in a late-stage venture capital round to continue investing in manufacturing capacity, development, and infrastructure, as the company continues to […]


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Several lawmakers on the House Appropriations Committee’s defense (HAC-D) subcommittee Tuesday expressed skepticism of the Navy’s approach to the new Trump-class battleship in the wake of the fiscal year 2027 […]


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The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]


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Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]


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Leidos [LDOS] on Tuesday said it received a $2.7 billion Army contract to unify two hypersonic programs it is developing for the Army and Navy in an effort to accelerate […]


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