The U.S. Department of War has committed $450 million in redeemable preferred equity to The Elmet Group to expand domestic tungsten production.
AEVEX has secured $20.5 million in new awards to deliver and further develop one-way attack systems for U.S. government customers.
The U.S. Department of War plans to install an advanced nuclear microreactor at Naval Weapons Station Crane in Indiana by September 2028.
The U.S. Air Force’s F-15EX Eagle II will not reach full operational capability until early 2028, at least six months beyond its approved July 2027 threshold.
The U.S. Air Force is seeking to nearly triple its planned F-15EX Eagle II fleet, increasing the programme from 98 to 268 aircraft under the fiscal 2027 President’s Budget.
The U.S. Department of War plans an estimated $174 million equity investment in a new gallium production facility at Alcoa’s Wagerup alumina refinery in Australia.
The Pentagon has raised the estimated acquisition cost of the F-35 program to $536.2 billion, up $51 billion from the $485.2 billion recorded in its previous 2023 assessment.
Secretary of War Pete Hegseth said the proposed $1.5 trillion fiscal 2027 defense budget would provide manufacturers with longer and more predictable order pipelines.
The U.S. Department of War has signed a multiyear framework agreement with Boeing valued at up to $131.2 billion for F-15 production and fleet support.
Oshkosh Corporation highlighted the production scale behind its tactical vehicle business during a visit by Secretary of War Pete Hegseth, including more than 25,000 JLTVs manufactured since 2015.
Leidos has secured a five-year, $301 million U.S. Army contract to monitor military networks around the clock.
The Department of War said the award will increase deliveries to the Joint Force while supporting a broader expansion of U.S. munitions manufacturing capacity.
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