Raytheon has secured a $515 million contract from the U.S. Navy to continue integration and test support for the SPY-6 family of radars, including upgrades for Flight IIA destroyers with the SPY-6(V)4 variant. This radar system is the Navy's most advanced maritime radar, already installed on multiple ships and expected to be deployed on over 50 ships in the next decade. The contract also includes potential support for Germany and other countries through Foreign Military Sales. Raytheon is investing heavily to modernize production facilities and plans to double SPY-6 output by 2028, highlighting the strategic importance of this radar in countering evolving threats at sea.
Rocket Lab is the only publicly traded pure-play company in the space launch sector, recognized by SpaceX as a key competitor. The company currently operates in the small-lift launch market with its Electron rocket and is expanding into medium-lift p...
The global weapons and ammunition market, valued at $59.16 billion in 2025, is projected to grow to $162.11 billion by 2035 at a CAGR of 10.92%. Growth is fueled by increased defense spending, military modernization, and geopolitical tensions worldwi...
Collins Aerospace has opened a $69 million expanded manufacturing facility in Tajęcina, Poland, increasing landing gear system production capacity by nearly 25% for commercial and defense aircraft. The expansion will create around 190 new jobs and st...
