Marcus Cole
Drone Defense Is a Cost Curve Problem
At the start of July the Army awarded AeroVironment a contract worth up to $500 million over three years, through Army Contracting
The Missile Ramp Runs Through the Motor Supplier
The Navy awarded a seven-year contract worth about $22.9 billion in mid-August to lift Tomahawk cruise missile production from
Repair Capacity Comes Before Hull Count
A presidential memorandum issued in mid-August directs the Department of War to restore capacity and competition to the maritime industrial base,
One Autonomy Stack, Two Economies
A publicly traded autonomous trucking company now sits inside three separate military ground vehicle efforts. It holds a Marine Corps contract to
The Drone Bottleneck Was Never the Airframe
A drone manufacturer in Huntsville, Alabama received a conditional federal loan commitment of up to $820 million at the end of July,
The Pentagon Is Becoming a Lender, and That Changes Who Gets Built
The Department of War's Office of Strategic Capital spent the first half of August signing loan commitments instead of contracts.
An Office and a Boss, Right Before the Money Follows
The fiscal 2026 defense authorization bill requires the Pentagon to stand up a dedicated Biotechnology Management Office and put a senior official
The Market Priced the Next Round Before It Exists
Anduril's last primary funding round, closed in May, priced the company at $61 billion, roughly $69 a share. On the
Quietly Keeping the Past in the Air
GKN Aerospace and the Air Force launched a joint additive manufacturing program this year aimed at aircraft structures, while a small 3D-
Orbit Is Becoming a Scheduled Service
The Space Force awarded SpaceX $1.6 billion this year for 18 Falcon 9 launches through 2027, carrying satellites tied to sensing
Already Under Construction, Already Generating Revenue
The Army Corps of Engineers awarded roughly $2 billion in contracts this year for military energy resilience projects, and the Pentagon'
The Simulation Comes Before the Weapon Does
Code Metal landed an $80 million Pentagon contract this month to modernize WarMatrix, the Department of War's wargaming and simulation