Defense Industry & Major Contractors News

Defense Industry & Major Contractors

Recent Coverage

SpaceNews.com

High activity

Golden Dome reaches first operational site as Space Force warns funding gaps could halt the program

The Pentagon says President Donald Trump’s $185 billion Golden Dome missile-defense initiative has established its first operational site at Fort Story, Virginia, and completed two key tests. Space Force Gen. Michael Guetlein warned that without continued funding—and a solution to a potential 2027 cliff—the program will stop.

9 sources Bookmark this story

SpaceX increasing footprint in missile defense

SpaceX is expanding its role in missile defense, according to a summary from Huntsville, Alabama. The development points to a broader position for the company in national-security space and defense activity, though the available reporting does not specify the program, contract value, systems involved or timeline.

2 sources Bookmark this story

Golden Dome’s Promise Hinges on Modernizing the U.S. Defense Industrial Base

Golden Dome could strengthen U.S. defenses against global missile threats, but delivering the system will depend on whether the defense industrial base can modernize, expand capacity and overcome existing production constraints. The initiative therefore presents an industrial-base challenge alongside its strategic and technological ambitions.

1 source Bookmark this story

eVTOL Insights

High activity

Joby Aviation to acquire Resonant Sciences for $500 million, creating dedicated defense unit

Joby Aviation will acquire Ohio-based defense technology company Resonant Sciences for approximately $500 million, expanding beyond its commercial eVTOL program. Resonant’s radio-frequency, sensing, mission-system and stealth capabilities will form Joby’s dedicated defense business, which is expected to be established following the deal’s anticipated 2027 closing.

23 sources Bookmark this story

Vertical Aerospace secures $100 million financing commitments to advance Valo eVTOL toward certification

Vertical Aerospace has secured approximately $100 million in financing commitments from existing and new investors to support certification and commercialisation of Valo, its piloted four-passenger electric vertical-takeoff-and-landing aircraft. The funding comes as the Bristol-based company advances the program toward critical design review and production.

4 sources Bookmark this story

Create a free account to see more recent Defense Industry & Major Contractors stories and keep bookmarks in one place.