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Fairbanks Morse Defense Starts Building New Sub Component Facility With AUKUS Investment
Fairbanks Morse Defense (FMD) this week broke ground on a $60 million manufacturing facility that will increase production on Virginia-class naval propulsion components funded in part from international AUKUS funds. […]


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Private Equity Firm Wildcat Agrees To Acquire Fraser Shipyards
Wildcat Defense, a new business of the private equity firm Wildcat Equity Partners, on Wednesday said it has agreed to acquire Wisconsin-based Fraser Industries and invest $350 million in the […]


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Army Long-Range Fires Unit Based in Europe Fires Tomahawk From Typhon For First Time
An Army long-range fires unit based in Europe recently conducted its first live fire of a Tomahawk Land Attack Missile using the Lockheed Martin [LMT]-built Typhon launcher, the service has […]


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Watchtower Labs Raises $35 Million In Seed Round With Focus On AI Applications For Logistics
Watchtower Labs, a startup initially focused on developing artificial intelligence-native applications for logistics planning, on Wednesday emerged from stealth with $35 million in seed funding. The investment was led by […]


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Space Force Outlines Vision, Requirements To Increase Assured Access To Space
The Space Force this week released the first in a series of documents outlining its vision and requirements for boosting launches and assuring safe access to space from its spaceports […]


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