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Echodyne Named as Radar System for Trust Automation’s $490M Air Force Counter-UAS Engineering Contract

KIRKLAND, Wash.--(BUSINESS WIRE)--Echodyne, the radar platform company, today announces its inclusion as a primary radar system within Trust Automation’s Small-Unmanned Air Defense System (SUADS) Counter-UAS platform, to be delivered to the U.S. Air Force under a $490M IDIQ contract announced in August 2025. Rapidly Deployable Small-Unmanned Air Defense System (RD-SUADS), Fixed Site Small-Unmanned Air Defense System (FS-SUADS), and Expeditionary Small-Unmanned Air Defense System (EX-SUADS) plat...
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CORRECTING and REPLACING Terradepth's Absolute Ocean Cleared Selection Process and Placed in NIWC Atlantic RCC Hopper

AUSTIN, Texas--(BUSINESS WIRE)--Please replace the release dated April 9, 2026 with the following corrected version due to multiple revisions. The updated release reads: TERRADEPTH'S ABSOLUTE OCEAN CLEARED SELECTION PROCESS AND PLACED IN NIWC ATLANTIC RCC HOPPER Placement in the RCC Hopper could enable direct prototype awards without further competition, accelerating Navy adoption for unmanned undersea operations Terradepth, a venture-backed maritime technology company delivering the Ocean Oper...
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Oshkosh Corporation to Announce First Quarter 2026 Earnings on May 8, 2026

OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles, equipment and services, will issue its first quarter 2026 financial results on Friday, May 8, 2026. The results will be discussed during a live webcast that day beginning at 9:00 a.m. EDT. To access the webcast, investors should go to investors.oshkoshcorp.com approximately 15 minutes prior to the event. Slides for the webcast will be available on the website the morning of May 8. Abo...
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AEVEX Corp. Announces Pricing of Initial Public Offering

SOLANA BEACH, Calif.--(BUSINESS WIRE)--AEVEX Corp. (“AEVEX”), a portfolio company of Madison Dearborn Partners’ funds and a global leader in cutting-edge unmanned systems, announced today the pricing of its initial public offering (the “offering”) of 16,000,000 shares of its Class A common stock at a price to the public of $20.00 per share. In addition, AEVEX has granted the underwriters a 30-day option to purchase up to an additional 2,400,000 shares of Class A common stock at the initial publ...
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ACMI Secures $50 Million Award to Accelerate Production Innovation in Energetics

INDIAN HEAD, Md.--(BUSINESS WIRE)--ACMI Federal (“ACMI”) today announced it has been awarded $50 million from Naval Surface Warfare Center Indian Head Division (“NSWC IHD”) to establish a collaborative research and development ecosystem to enhance energetics capabilities. As a result, ACMI is also announcing its plans to build a Maryland Energetics Innovation Hub ("MEIH") near NSWC IHD. The new facilities at MEIH will create an environment where industry, academia, and other organizations in th...
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Teledyne FLIR Defense Wins $35+ Million Surveillance System Contract for Reconnaissance Vehicles

THOUSAND OAKS, Calif.--(BUSINESS WIRE)--Teledyne Technologies Incorporated (NYSE:TDY) announced today that Teledyne FLIR Defense has been awarded a contract worth more than $35 million by WB Electronics S.A. (part of the WB Group) to equip reconnaissance vehicles with TacFLIR® 280-HDEP medium range multi-spectral surveillance systems. Designed for a wide range of land missions, TacFLIR 280-HDEP delivers best-in-class daylight and thermal imagery, along with powerful video processing and Aided T...
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Proven A&D Industry Growth Executive Doug Laurendeau Joins Karman Space & Defense as Chief Growth Officer

HUNTINGTON BEACH, Calif.--(BUSINESS WIRE)--Karman Space & Defense (“Karman”, “Karman Holdings, Inc.” or “the Company”) (NYSE: KRMN) today announced Doug Laurendeau, former vice president of Enterprise Strategy Integration at Lockheed Martin Corporation, will join Karman’s senior leadership team as chief growth officer, and current chief growth officer Stephanie Sawhill will assume the role of chief technologist. Both transitions will become effective on May 6, 2026. With more than four deca...
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Precision Aerospace & Defense Group, Inc. and FACT II Acquisition Corp. Announce Filing of Amended Registration Statement on Form S-4 in Connection with Proposed Business Combination

OVERLAND PARK, Kan. & NEW YORK--(BUSINESS WIRE)--Precision Aerospace & Defense Group, Inc. (“PAD”), a high-growth aerospace & defense engineering and manufacturing company, and FACT II Acquisition Corp. (“FACT”) (NASDAQ: FACT), a special purpose acquisition company, today announced that they have publicly filed an amended registration statement on Form S-4 with the U.S. Securities and Exchange Commission (the “SEC”) in connection with their proposed business combination (the “Business C...
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Momentus Announces Closing of $5 Million Private Placement of Common Stock Priced At-The-Market Under Nasdaq Rules with a New Fundamental Institutional Investor

SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a leading U.S. commercial space firm specializing in satellite solutions, in-space transportation, and orbital infrastructure, today announced the closing of its previously announced private placement priced at-the-market with a single institutional investor for the purchase and sale of 1,333,334 shares of its common stock (or common stock equivalents in lieu thereof) at a purchase price of $3.75 per...
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CACI Continues to Deliver Accurate, Mission-Ready Tactical Satellite Communications to Special Operations Forces

RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that it has been awarded a base year technology task order with four option years valued at up to $231 million continuing nearly two decades of service to the U.S. Special Operations Command. CACI will deliver accurate, near-real-time satellite communications support providing program visibility to the Naval Information Warfare Center (NIWC) Atlantic. “CACI’s long-standing relationship with NIWC Atlantic and our c...