The Pentagon has informed Japan that delivery of 400 Tomahawk cruise missiles, ordered in 2024 under a $2.35 billion deal, will face delays of up to two years. This is due to the US military prioritizing replenishment of missile stockpiles heavily used during recent operations against Iran. Originally, Japan expected two shipments of 200 missiles each by April 2028, but the delay may extend this timeline. As a result, Japan may accelerate development of domestic missile alternatives to maintain its defense capabilities against China.
SpaceX's S-1 filing reveals that about 20% of its 2025 revenue came from U.S. federal agencies, making it a major player in government space contracts. With $4.69 billion revenue and $1.13 billion Adjusted EBITDA in Q1 2026, SpaceX's fixed-price laun...
The US Golden Dome missile-defense system, designed to protect against ballistic, hypersonic, and cruise missiles, is under fire from Democrats and arms-control advocates. Critics warn it could cost over $1 trillion in 20 years, potentially trigger a...
RTX's BBN Technologies, funded by the Air Force Research Laboratory, demonstrated PACE4ACE, a self-healing communication system that maintains continuous, secure data flow for combat air support despite jamming or network disruptions. The system auto...
The Global X Defense Tech ETF (SHLD) has dropped about 20% from its spring peak, even as NATO countries increase defense spending to historic levels. SHLD holds a diverse mix of US and international defense companies, including European manufacturers...
