The U.S. State Department cleared a potential $24.3 billion sale of 48 F-35 fighter jets to Saudi Arabia, pending congressional approval. The sale includes 49 Pratt & Whitney engines, communications equipment and support.
Empower AI secured a potential $205.1 million task order from the Defense Counterintelligence and Security Agency to provide enterprise IT customer support, service desk and knowledge center operations, with $26.1 million obligated at award.
U.S. Customs and Border Protection has forecast a $100 million requirement for maritime approaches surveillance systems to be deployed along U.S. coastlines, with solicitation expected December 1, 2026 and award anticipated Q3 FY2027.
The U.S. Department of Defense awarded over $25 million in multiple contracts for counter-uncrewed aerial system capabilities including interceptors and electronic warfare systems to support U.S. Southern Command operations.
The European Commission allocated €55 million ($63 million) in Horizon Europe grants for 2026-2027 to develop space tracking sensors and collision avoidance capabilities across European commercial companies and startups.
The Army awarded Lockheed Martin's Sikorsky subsidiary $234 million in undefinitized funding for 16 UH-60 Black Hawks, with total contract value of $356 million and potential for up to 150 aircraft over three to four years.
Edge cybersecurity startup TigerByte Cyber raised $3M in seed funding and secured $7M in contracts with DARPA, Space Force and Navy to scale its Cyber Protection Suite for tactical hardware protection.
Kohlberg and Loenbro have acquired Prism Electric, a Texas electrical contractor with 2,500 employees serving data centers, airports and hospitals. The deal marks Loenbro's largest acquisition on record.
CEO Jim Taiclet announced Lockheed is self-funding production of GRIZZLY, a low-cost containerized launch system, with 1,000 units planned and hundreds ready to deploy by year-end.
Satrec Initiative will manufacture and launch four 10-centimeter-class optical satellites to complement Hanwha Aerospace's 64-satellite SAR constellation, targeting ultra-high-resolution Earth imagery delivery by 2031.
JRC Integrated Systems received a $47.4 million cost-plus-fixed-fee modification from the Navy to provide engineering and systems support for the SLCM-N nuclear cruise missile program through 2030.
Autonomous ride-hail technology company May Mobility is merging with ACP Holdings at a $1.4B enterprise value and raising $337M in gross proceeds to fund expansion and technology development.
Rocket Lab closed a $1.944 billion at-the-market equity offering to finance its pending $8 billion acquisition of Iridium Communications, expected to close mid-2027 pending regulatory approval.
DHS is recompeting a firm-fixed-price task order worth more than $100 million for financial, procurement and asset management systems supporting multiple department components.
Gaia Dynamics raised $7 million in seed funding to expand its AI platform for global trade compliance, tariff optimization and strategic trade intelligence, with potential dual-use applications for supply-chain resilience and trade enforcement.
Impulse Space closed a $308 million Series D extension, bringing total Series D to $808 million at a $5.6 billion valuation. The spacecraft propulsion startup will use capital to expand hiring and manufacturing to meet growing government and commercial backlogs.
Matter Venture Partners closed its second fund at $450 million to back early-stage companies building semiconductors, robotics, quantum computing and physical AI systems that merge software intelligence with hardware manufacturing.
The U.S. Navy awarded Saronic a firm fixed-price contract to build Landing Craft Utility vessels at Port Alpha shipyard in Texas, with production starting in 2028 and first deliveries in 2029.
The U.S. Army awarded Lockheed Martin a $1.2 billion early operational capability production contract for Precision Strike Missile Increment 2, which adds maritime-strike capability with a multi-mode seeker.
The U.S. Navy signed a $562 million fixed-price incentive contract with Boeing to produce three Lot 1 MQ-25A Stingray unmanned tankers, with initial deliveries in 2029.
The Italian cybersecurity company secured $270 million in Series C funding to expand its platform protecting autonomous machines, robots and drones with AI-powered runtime security operating at machine speed.
The U.S. Navy awarded Castelion a $43.6 million contract for manufacturing and delivery of 444 Blackbeard hypersonic All-Up Rounds under a Small Business Innovation Research Phase III basic ordering agreement.
Airbility secured $4.7M in Series A funding to accelerate development of counter-UAS interceptor platforms with onboard autonomy. The round brings total funding to $7.6M.
AIUC closed a $40 million Series A led by Ribbit Capital to build AI safety audit standards and testing for enterprise agents, with a suite of 5,000 tests addressing government and military deployment requirements.
Eve Security raised $4.5M to extend its seed round to $7.5M total for technology that governs and controls autonomous AI agents in real time as enterprises deploy them across sensitive systems.
Blackstone has acquired Flow Control Holdings from Audax Private Equity, positioning the stainless-steel fittings and valves manufacturer to serve growing demand for liquid-cooling hardware in AI data centers and high-performance computing.
The U.S. Army awarded Parsons a $665 million contract to develop, test and evaluate Counter-UAS systems, but Oasis Systems has filed a GAO protest alleging a conflict of interest.
Google Public Sector secured a single-award indefinite-delivery/indefinite-quantity contract from DHS worth $876 million to provide commercial cloud services across the department's Cumulus modernization program.
The Air Force raised Boeing's KC-46 Pegasus contract ceiling by $13.4 billion to add foreign military sales support for Japan, Israel and future partners through April 2035.
The U.S. Army awarded Heaviside Industries $99M and Research Innovations Inc. $96.9M for electromagnetic warfare and signals intelligence sensors under the REWSI program.
Swedish drone detection startup Freya Industries closed a SEK 6 million seed round to fund orders and expand across Europe. The company's sensors detect drones and locate their operators through purchase or subscription models.
Chinese AI developer Z.AI plans to raise $5B through $2B in equity and $3B in zero-coupon convertible bonds due 2027, following a $4B raise in July.
The Navy awarded Castelion a $200 million production delivery order for Blackbeard hypersonic strike weapons, transitioning the system from early operational capability prototypes to fleet deployment.
The Defense Department took a $450 million redeemable preferred equity stake in Maine-based Elmet Group to expand domestic tungsten production and supply chain integration supporting 100+ DoD programs.
ITC Federal acquired Capgemini Government Solutions to form ITC Digital Solutions, adding cloud modernization, data engineering, and enterprise platform expertise for DoD, DHS, and DOJ customers.
The Navy contracted Boeing for three MQ-25A Stingray unmanned refueling drones worth $562 million, moving the program from development into low-rate production with deliveries starting in 2029.
Pavion, a life safety and security systems provider backed by Wind Point Partners, acquired Communication Company to expand regional capacity and add healthcare sector capabilities in the Midwest.
The Department of Homeland Security is consolidating fragmented federal biometric procurement through a $440.7 million ceiling contract spanning five device tracks, mandatory for DHS components and open to other agencies.
Accenture Federal Services won a $480.4M contract to build JETMS, an AI-enabled task management system replacing legacy platforms across the Department of War. The system will serve up to 200,000 users across 68 organizations through August 2032.
Canada pledged $350 million for Ukrainian air defense systems through the JUMPSTART program and established joint production partnerships with Ukraine for drones and munitions, with $50 million in initial contracts to Canadian manufacturers.