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Pentagon officials broadly detail $55 billion drone plan under DAWG
FINANCE-VC15h ago

Pentagon officials broadly detail $55 billion drone plan under DAWG

Pentagon officials announced a $55 billion funding plan for the Defense Autonomous Warfare Group (DAWG), aimed at enhancing drone and autonomy technologies. This represents a 24,070 percent increase over the previous year's budget. The initiative seeks to integrate advanced systems and collaborative autonomy, reflecting a significant shift in defense strategy for fiscal year 2027.

White House wants Pentagon to demo nuclear space power by 2031
POLICY-REG7d ago

White House wants Pentagon to demo nuclear space power by 2031

Pentagon and NASA will collaborate on design competitions under the National Initiative for American Space Nuclear Power, aiming to demonstrate space-based nuclear power by 2031. This initiative seeks to enhance U.S. capabilities in nuclear energy for space applications, with both agencies working in parallel to develop innovative solutions that could transform future space missions and operations.

ICON Prime Launches, Led By Former TX Rep
FINANCE-VC7d ago

ICON Prime Launches, Led By Former TX Rep

ICON announced the launch of ICON Prime, a new business unit focused on collaboration with the Pentagon and NASA. This initiative aims to leverage robotic construction technologies for potential applications in defense and space sectors. The establishment of ICON Prime reflects a strategic move to enhance partnerships within government agencies, emphasizing ICON's commitment to innovative construction solutions.

Pentagon, Lockheed Martin agree to $4.7 billion PAC-3 interceptor deal
FINANCE-VC11d ago

Pentagon, Lockheed Martin agree to $4.7 billion PAC-3 interceptor deal

Lockheed Martin secured a $4.7 billion contract with the Pentagon to accelerate production of the PAC-3 Missile Segment Enhancement interceptor. This agreement aims to increase annual production from 600 to 2,000 units over seven years, enhancing capabilities against various threats. The deal follows a framework agreement established in January, reflecting growing military demands for advanced interceptors.