contracts
967 articles tagged
US Army grants operational clearance to Sierra Nevada's ATHENA-S AI-enabled ISR aircraft, establishing a precedent for autonomous intelligence processing in fielded military platforms.
Anduril's YFQ-44 Fury autonomous combat drone completes contested operations testing at Edwards AFB, advancing Pentagon's $6B Collaborative Combat Aircraft program toward accelerated fielding timelines.
Helsing, Europe's most-capitalized AI defense company, has moved from prototype to production with 10,000 loitering munitions deployed in Ukraine and a €540M Bundeswehr contract, but battlefield credibility remains contested.
Leidos, a $17B+ U.S. defense systems integrator, embeds autonomous capabilities—maritime autonomy, counter-UAS, AI/ML software—into a $49B backlog portfolio with structural advantages in DoD programs.
Rafael Advanced Defense Systems leverages 75+ years of IDF combat validation to dominate autonomous defense systems, with $3.2B revenue and combat-proven platforms across protection, strike, and sensor domains.
Ekso Bionics secures Medicare reimbursement for personal exoskeletons but faces execution challenges converting regulatory advantage into sustainable unit economics at $18M revenue.
Elroy Air's hybrid-electric Chaparral cargo drone approaches commercial operations in 2026 with FAA program selection and $116M in funding, but faces execution risks as a pre-revenue startup.
GA Drilling's $138M raise masks data discrepancies and integration risks that most coverage overlooks, from funding database conflicts to unverified field trial claims.
Axon Enterprise converts its law enforcement installed base into a $10.1B backlog through platform lock-in, with counter-UAS and AI modules driving defense expansion.
QinetiQ's £5B backlog masks a profitability crisis: £185.7M net loss, 86% cost of sales, and simultaneous C-suite turnover during financial deterioration raise execution risk despite strong contract wins.