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Hadrian has secured $1.37 billion in new equity financing The Series D round brings Hadrian’s valuation to $7.87 billion The 2026 Navy Summit will explore AI, digital engineering,...
U.S. Transportation Secretary Sean P. Duffy today announced that the Maritime Administration (MARAD) is delivering $35.1 million to invest in critical infrastructure and workforce...
REGENT Craft has raised $240 million in Series B funding, split evenly between equity and debt, the Rhode Island-based seaglider manufacturer announced Thursday. The round was co-l...
Antares has raised $470 million in Series C financing for the commercialization of its Mark-0 reactor The microreactor reached criticality in a test with Idaho National Laboratory...
Cost of bringing frigate back from Pakistan doubles to £2 million
The U.S. Navy’s Rapid Capability Office, PAE Aviation and the Defense Innovation Unit are investing $50 million to scale unmanned, runway-independent maritime strike capabilities b...
WASHINGTON – Today, the Department of War expanded its undersea warfighting capabilities by awarding a five-ship contract modification to General Dynamics Electric Boat (GDEB) for...
Seatrec, a leader in thermal-powered, long-endurance subsea drones, today announced that it was selected by the Department of War (DoW) to receive a $30.8 Million award under the A...
Port funds Texas A&M, Galveston College maritime, trade scholarships with Maritime Day sponsor proceedsThe Galveston Wharves Board of Trustees is cont...
The Navy’s Golden Fleet is more than just a presidential priority. It’s the service’s answer to a shrinking, aging surface fleet.
Fifteen member organizations will deliver viable working solutions within a two-year timeframe, the ARM Institute said. The post ARM Institute gets $90M for 10 projects to moderniz...
Domestic shipbuilders could receive about $26 billion in funding via the National Defense Authorization Act, earmarked for new construction and procurement at U.S. yards. The post...
Hadrian is building automated factories to mass-produce parts for defense vehicles like submarines. It's backed by a long list of well-known investors.
Hanwha Philly Shipyard will build a new missile-range instrumentation vessel for the U.S. Navy that will support the Trump administration’s Golden Dome effort, White House Office o...
Each entry must pair a mature unmanned surface vessel with at least two drones able to strike and return a battle damage assessment The vessel needs at least a 200-nautical-mile re...
This post has been updated with an additional statement from the Navy and General Dyanmics. The U.S. Navy awarded General Dynamics Electric Boat and HII $76.6 billion in contracts...
The U.S. Navy awarded Castelion Corp. nearly $90 million to advance its Blackbeard hypersonic strike weapon toward Early Operational Capability, the company announced August 25. Th...
General Atomics has won a $42.9 million U.S. Navy order for spare parts supporting the electromagnetic catapults and arresting gear on the service’s in-service Ford-class carriers....
The U.S. Navy is procuring a low-cost cruise missile to expand the fleet’s long-range precision strike capabilities and provide allies with affordable maritime strike munitions. Co...
The raise values Hadrian at $7.87 billion. It is Hadrian's second funding round this year, following a round in January 2026. The post Hadrian raises $1.37B to accelerate U.S. defe...
OSC has unveiled a financing program for critical minerals investment Qualified fund managers will pair OSC loans with private capital for portfolio investments Attend the two Poto...
Chief of Naval Operations Adm. Daryl Caudle is going public with his plea for the Navy: "I need my money."
The U.S. Navy has placed its biggest order yet for an underwater weapon nobody has ever seen and designed to sit silently on the seafloor for months, waiting for an enemy submarine...
The U.S. Navy handed a brand-new missile maker $70 million to build a cheap cruise missile, and it says this is only the opening move. The Office of the Assistant Secretary of the...
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