President Donald Trump announced a $10 billion investment in the defense industry during keynote remarks at the first Pennsylvania Defense and Innovation Summit.
TOTE Services has been awarded a contract by the Portfolio Acquisition Executive for Maritime to serve as Vessel Construction Manager for the Medium Landing Ship program.
Kratos Defense & Security Solutions has opened a 167,000-square-foot advanced manufacturing facility in York, Pennsylvania, expanding its industrial footprint in the state.
The Virginia-based company is offering its Rapidly Adaptable Affordable Cruise Missile, or RAACM, for a program designed to deliver air-launched weapons in high volumes.
Anduril Industries has signed a framework agreement with the U.S. Department of War to support large-scale production of the Barracuda-500 stand-off strike system.
JPMorganChase has announced $24 million in loans, investments and grants to support Philadelphia’s shipbuilding and maritime manufacturing sector.
The company said the investment will support the next-generation strategic deterrent program while adding hundreds of high-paying jobs.
The HX-2 is already combat-proven in Ukraine, where Helsing said thousands of systems have been deployed to the front lines.
Kratos Defense & Security Solutions said it has received approximately $400 million in new funding from the U.S.Department of War for hypersonic system work and other national security programmes.
U.S. forces carried out strikes against about 140 targets in Iran overnight from July 12 to 13, targeting sites linked to threats against commercial shipping in the Strait of Hormuz area.
U.S. Central Command said it completed a new wave of offensive strikes against Iran on July 12.
U.S. Central Command said U.S. forces completed a third round of strikes against Iran on July 11.
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