A secretive DOD program funding prototypes for next-generation hypersonic tech has selected three companies for initial contract awards: Anduril, Lockheed Martin and Ursa Major.
Five companies will create prototypes as part of the U.S. Army’s Precision Strike Missile (PrSM) Increment 4 under new other transaction authority agreements.
Latvian uncrewed-systems maker Origin will trial its Blaze counter-drone interceptor using Anduril’s Lattice software under a partnership between the two companies.
The race to plug the gap in solid rocket motor production has been evolving, with the finish line moving farther and farther away and new questions emerging.
The team of Boeing and Anduril will advance in the U.S. Army’s competition to field a second interceptor for its Indirect Fire Protection Capability Increment 2 air defense system.
Venture capital investment in defense tech is booming, but as with other sectors that have seen such booms, there will be some big winners and many losers.
The second quarter generated the largest total value ever for venture capital shifting from illiquid investments in startups into stock or an outright company sale.
Boeing this week unveiled its design for the U.S. Army’s competition to build a second interceptor for the Indirect Fire Protection Capability Increment 2.
