Norwegian defense contractor Kongsberg secured a framework agreement with the U.S. Marine Corps valued up to $404 million for Naval Strike Missile launcher units, weapon control systems and support equipment through 2034.
Britain completed a System Design Review and hydrodynamic trials for Astraea, its first new warhead in over 30 years, aligned with the US W93/Mk7 programme. The £15 billion allocation funds development, stockpile support and manufacturing infrastructure expansion.
The British startup closed a $300M Series funding round to scale production of its Skyhammer low-cost drone interceptor, which costs tens of thousands of dollars per round versus millions for conventional air defense missiles.
Rheinmetall and Destinus are finalizing a joint venture to manufacture cruise missiles at German facilities, with first orders expected by end of 2026 or early 2027, addressing NATO supply shortages.
The U.S. Army named 30 finalists competing for up to $8 million in prizes to build cheaper interceptors for the Patriot air defense system.
The U.S. Marine Corps awarded Kongsberg a sole-source, firm-fixed-price contract worth up to $404.4 million for Naval Strike Missile launcher production through 2034.
AFRL certified Anduril's Barracuda as the Air Force's first large-scale production munition compliant with open systems architecture, testing 14 WOSA domains over four days.
Kongsberg Defence & Aerospace won a $404.35M Pentagon contract to expand launcher and weapon-control capacity for the U.S. Marine Corps NMESIS anti-ship missile system across the Indo-Pacific.
U.S. Air Force and Navy are ramping JASSM production from 600 annually to 1,880 by FY2032, with Lockheed Martin investing $8-9 million through 2030 to expand 20+ facilities across five states.
The Air Force Research Laboratory certified Anduril's Barracuda as compliant with open systems architecture, enabling production under a multi-year framework targeting 8,000 missiles annually by 2031.
The U.S. Navy contracted Raytheon Missile and Defense to prepare the upgraded SM-6 Block IAU for production, with initial deliveries from fiscal year 2030 and target capacity of 500+ missiles annually.
Hanwha Defense USA is investing $2.2 billion in munitions manufacturing at Pine Bluff Arsenal, a $900 million increase from its January commitment, to expand domestic production capacity.
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.
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.
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.
L3Harris Technologies received a $4.7 billion undefinitized contract award from Lockheed Martin for PAC-3 MSE interceptor propulsion systems, aligning with a seven-year Defense Department framework to nearly triple production.
Northrop Grumman won a nine-year, $508.5 million follow-on contract from the Missile Defense Agency to provide flight test support for intermediate and intercontinental range ballistic missile targets through August 2035.
Sweden signed a $732 million deal for more than 10 Lockheed Martin M142 HIMARS launchers with ammunition and a letter of intent with Saab for joint munitions production.
Australia announced a $736 million foreign military sale to acquire AIM-260 Joint Advanced Tactical Missiles, becoming the first country to operate the weapon outside the U.S.
Five European defense primes signed a letter of intent in July 2026 to develop Bliksem EXO, an exoatmospheric ballistic missile interceptor targeting NATO interoperability and the European Sky Shield Initiative.