Defense Spending
Defense Spending
DoD budgets and European defense spending trends.
Latest Coverage
Anduril Barracuda-500M: Army's New 500-Mile Cruise Missile Explained
The US Army's Barracuda-500M contract covers 3,000 containerized cruise missiles with 500-nautical-mile range, designed for high-volume production and dispersed Indo-Pacific deployment.
Anduril Raises $5B Series H, Valued at $61B
Anduril closed a $5 billion Series H round at a $61 billion valuation, led by Thrive Capital and a16z, alongside a contract to supply 3,000 Barracuda-500M missiles to the US Army.
Destinus Eyes Amsterdam IPO After €200M Raise at €5B Valuation
Dutch defense startup Destinus is raising €200 million ahead of a potential Amsterdam IPO, targeting a €5 billion valuation on expected annual revenue of €500 million.
US Army Requests $994M for Counter-Drone Tech in FY27
The Army's FY27 budget request includes $994 million for small counter-UAS capabilities, nearly double the $596 million enacted for FY26.
Anduril Gets $100M Boost for Space Surveillance Network Upgrade
Anduril Industries received a $100.3M contract increase to upgrade the Pentagon's Space Surveillance Network with mesh networking architecture by September 2027.
The $50,000 Problem: How Cheap Drones Are Breaking Modern Air Defense
A $50,000 Shahed drone forces a $4 million Patriot shot. Russia launched 6,583 of them in April alone. The economics of drone warfare have shifted — and nobody has solved it.
Navy Pays $36.9M to HII for More Lionfish Underwater Drones
Naval Sea Systems Command awarded HII a $36.9M contract modification to produce Lionfish small unmanned undersea vehicles through May 2027.
Anduril Names Space-Based Interceptor Team for Golden Dome Contract
Anduril will work with Impulse Space, K2 Space, Inversion Space, Voyager, and Sandia National Labs on its Space Force Golden Dome interceptor contract.
DAWG Budget, NDAA Batteries, Unusual Machines: Drone Dominance in Numbers
Trump's $53.6B Autonomous Warfare Group budget is reshaping domestic drone supply chains. Here's how four companies are responding.
Rheinmetall's €2.4B Drone Contract Can't Stop Stock Slide
Rheinmetall wins a €2.4B loitering munition contract for Germany but shares hit a 52-week low on valuation concerns.
Saab CEO: Europe Should Buy 70% of Defence From Europe
ASD chair Micael Johansson calls for 70% European sourcing in defence procurement and demand coalitions for consolidation.
EU and Ukraine Launch €100M BraveTech Weapons Program
The EU and Ukraine's Brave1 platform launched BraveTech EU, a €100M initiative to fast-track combat-tested weapons.
The Pentagon Just Bet $54.6B on Autonomous Warfare
The DoD FY2027 budget requests a 24,000% funding increase for its autonomous warfighting group — DAWG.
AEVEX Raises $320M in IPO at $2.57B Valuation
AEVEX Aerospace shares jumped 15% on NYSE debut, opening at $23.01 against a $20 offer price and valuing the defense drone maker at $2.57 billion.
EU Commits €1.07B to Drone and C-UAS Defence Projects
The EU approved €1.07B for 57 defence projects under the European Defence Fund, with major funding for drones and C-UAS.
DroneShield: The C-UAS Pure-Play Investors Are Overlooking
DroneShield trades on the ASX but sells to NATO militaries. Here's why the Australian counter-drone specialist is worth watching.
Europe's Drone Production Gap: How the EU Plans to Close It
France, Germany, and Poland are spending billions on military drones as the EU produces less than 30% of its own needs.
Germany Commits €4B to Ukraine: Patriots, IRIS-T, Drones
Germany's €4B defense package for Ukraine covers Patriot missiles, 36 IRIS-T launchers, €300M in long-range weapons, and 5,000 AI-guided strike drones.
Europe's Drone Procurement Runs 3-6 Months Behind the Tech
European defence procurement cycles are too slow for drone technology that evolves every three to six months, according to BCG analysis.
Japan Scraps Attack Helicopters, Buys Drones Instead
Japan's FY2026 defense budget allocates $70M for five wide-area UAVs to replace its entire attack and observation helicopter fleet.
Companies
Anduril Industries
US defense technology company building autonomous weapons, counter-UAS, and AI command software, and manufacturing them at its own Arsenal-1 plant in Ohio.
US
AeroVironment
US manufacturer of small tactical UAS, loitering munitions and counter-UAS systems, transformed in scale by its 2025 acquisition of BlueHalo.
US
Baykar
Turkish defense company behind the Bayraktar TB2, the most widely exported armed drone of the past decade, now also the owner of Italy's Piaggio Aerospace.
TR
Rheinmetall
German defense and automotive group producing armored vehicles, ammunition, air defense systems, and military drone platforms.
DE
Elbit Systems
Israeli publicly traded defense electronics company producing UAVs, electro-optics, electronic warfare systems, precision munitions, and C4I solutions for military customers worldwide.
IL
General Atomics
US defense contractor best known for the Predator and Reaper series of military unmanned aircraft systems.
US
Kratos Defense & Security Solutions
US defense contractor specializing in high-performance unmanned aerial target drones, tactical UAS, and satellite communications.
US
Leidos
US defense and government technology contractor providing systems integration, sensing, cyber, and air and missile defense platforms for military and federal customers.
US
Recent Funding
Recent Contracts
defense
US Army PAE Fires, Anduril Industries
Three-year contract to supply a minimum of 3,000 surface-launched Barracuda-500M missiles with...
defense
US DoD Office of Under Secretary for Research and Engineering, Leidos
Three-year contract to supply 3,000 low-cost containerized missiles as part of DoD's low-cost...
defense
US Army Portfolio Acquisition Executive Fires, Anduril Industries
Three-year production agreement for a minimum of 3,000 Surface-Launched Barracuda-500M cruise...
defense
Naval Sea Systems Command, Huntington Ingalls Industries
Contract modification on N00024-23-C-6308 for continued Lionfish Small Unmanned Undersea Vehicle...
defense
U.S. Department of Defense, Anduril Industries
Contract modification adding $100.3M to upgrade the Space Surveillance Network with mesh...
Related Topics
Related Archive
Browse every tracked defense, counter-UAS, and air tech contract in one archive.