Defence contractor secures multi-million-pound deal with US company
Chemring Group PLC has secured a multi-million-pound deal with US contractor Roke to supply high-speed miniature radar altimeters.
• The contract is worth at least £26 million.
Global Thermal Interface Materials Market Forecast
• The global thermal interface materials market is projected to reach US$ 5.5 Billion by 2028, with a growth rate of 9.4% from 2023 to 2028.
Palantir Secures Defense Contract with Red Cat (RCAT)
• Palantir (PLTR) secured a defense contract with the US Army to build 5,880 unmanned aircraft systems over the next five years.
Army Awards Spots for Architects
• In September 2024, five companies won spots on a seven-year, firm-fixed-price contract to provide the Army with architect and engineer services worth $249 million.
Kraus Hamdani Secures $20M Deal to Produce Drones for US Army
• California-based Kraus Hamdani Aerospace secured a $20-million contract to produce and deliver unmanned aerial systems (UAS).
Anduril Wins $200M C-UAS Deal for USMC’s MADIS Air Defense System
• Anduril Industries won a $200-million contract to reinforce the US Marine Corps’ MADIS air defense with its Anvil counter-drone system.
Pennant International Lands Multi-Million-Pound Deal with Ministry of Defence
• Pennant International secured a £4.9 million contract with the Ministry of Defence for a significant technology upgrade for the Royal Air Force’s GenFly training systems.
Department of Defense Awards First Generative AI Defense Contract
• The Department of Defense awarded its first generative AI defense contract to Jericho Security, marking a strategic shift in military cybersecurity.
