NEWS

Kongsberg Gruppen enters 2026 with record NOK 157.4B backlog, leveraging defense contracts and subsea autonomy leadership amid European rearmament.

3D at Depth holds a rare monopoly in deep-water LiDAR metrology. The Kraken acquisition tests whether its niche technical advantage can scale without operational dilution.

D-Fend Solutions uses RF cyber-takeover to safely neutralize rogue drones without jamming or kinetic force, carving a niche in the competitive C-UAS market with $67M in funding.

Dutch shipbuilder Damen Shipyards leverages a €10.4B order book and U.S. Navy program of record to position itself as a credible autonomous vessel integrator through licensed autonomy technology.

Dedrone, now an Axon subsidiary, operates a software-centric counter-UAS platform deployed across 35+ countries with detection capabilities spanning ~300 drone types.

Teal Drones wins Army's SRR Program of Record with 5,880-unit contract, validating its defense pivot but facing production scale challenges with a 69-person team.

CACI International builds the sensing, networking, and EW infrastructure enabling autonomous operations in contested environments, with $1.3B in autonomy-adjacent wins in 2024.

AeroVironment dominates tactical UAS with 20,000+ Ravens deployed globally and 30-40% of loitering munition market share, but faces execution risks at 42x P/E valuation amid rising competition.

BlueHalo's $4.1B acquisition by AeroVironment consolidates RF counter-UAS, directed-energy weapons, and Space Force capabilities into a strategically differentiated defense platform.

Rheinmetall rides European rearmament with €40B backlog but faces autonomy gap against software-native competitors as it pursues systems integrator model.