Aerospace & Defense

Elbit Systems Files Two-Year Shelf Prospectus in Israel

Image
Elbit Systems Files Two-Year Shelf Prospectus in Israel

Haifa, Israel – September 19, 2026 -- Elbit Systems Ltd. (NASDAQ: ESLT; TASE: ESLT) has filed a shelf prospectus with the Israel Securities Authority and the Tel Aviv Stock Exchange, opening a two-year window to raise capital through debt and equity offerings in Israel at its own discretion.

Defense contractor secures flexible two-year fundraising window

The shelf prospectus allows Elbit Systems to issue various securities over the coming two years, with each specific offering to be detailed in a supplemental shelf offering report outlining terms and timing. The company has not decided on the scope, structure, or timing of any future offering, and stated there is no certainty that an offering will occur.

PDW Sponsors Robert Irvine Foundation's Fifth Annual Military Gala

Image
PDW Sponsors Robert Irvine Foundation's Fifth Annual Military Gala

Arlington, Va. – September 19, 2026 -- Performance Drone Works (PDW), a Huntsville, Alabama-based defense technology manufacturer, served as the Stars & Stripes title sponsor of the Robert Irvine Foundation's fifth annual Red Wine & Blues event, held September 15, 2026, at the Army Navy Country Club.

Senior military leaders from all six branches attended the fundraiser

The event brought together senior military leaders from every branch alongside Juan Andrade, CEO of USAA, who delivered remarks during the program. Guests were served a four-course menu designed by Chef Robert Irvine and prepared by military cooks and Enlisted Aides.

ICAO Chief to Open Flight Safety Foundation's IASS 2026 in Montreal

Image
ICAO Chief to Open Flight Safety Foundation's IASS 2026 in Montreal

Alexandria, Va. – September 19, 2026 -- Flight Safety Foundation will host its 79th annual International Aviation Safety Summit (IASS) on Nov. 10-12 at ICAO Headquarters in Montreal, drawing more than 350 attendees from across the global aviation ecosystem.

ICAO Secretary General Juan Carlos Salazar opens the summit with a keynote on scaling safety

International Civil Aviation Organization Secretary General Juan Carlos Salazar will deliver the opening keynote on Day 1, framing the summit's central theme: whether aviation is ready to scale safely amid growth, complexity, and disruption.

"Secretary General Salazar's perspective will be especially timely as aviation confronts rapid growth and increasingly complex operational challenges," said Dr. Hassan Shahidi, president and CEO of Flight Safety Foundation.

Lyntris to Supply Tri-Band Feeds for Intuitive Machines' Ground Network

Image
Lyntris to Supply Tri-Band Feeds for Intuitive Machines' Ground Network

Washington – September 19, 2026 -- Lyntris Inc. (NYSE: LYNX) has been selected by Intuitive Machines to supply S-, X-, and Ka-band antenna feed systems for large-aperture antennas across its expanding global ground network.

Intuitive Machines picks Lyntris for tri-band feed systems across its worldwide ground stations

The ground network, built by Intuitive Machines, delivers continuous line-of-sight communications with the Moon and beyond through stations located strategically around the world. The infrastructure is designed to increase visibility across major Earth-viewing arcs, boost contact opportunities for lunar and deep-space missions, and expand capacity for communications, data transport, and position, navigation, and timing services.

BAE Systems OneArc Fields First Embedded Trainer on Army Combat Vehicle

Image
BAE Systems OneArc Fields First Embedded Trainer on Army Combat Vehicle

Orlando, Fla. – September 19, 2026 -- BAE Systems OneArc has been awarded an Other Transaction Agreement contract by the U.S. Army to install its Embedded Collective Training (ECT) system on a platoon of combat vehicles at Fort Hood, Texas, marking the first commercially available embedded trainer fitted directly into a fielded U.S. Army combat vehicle.

Army tests embedded trainer under Force Development Innovation & Assessment program

The integration is part of the Army's Force Development Innovation & Assessment (FDIA) initiative, which will have crews train on the full range of precision gunnery progression tasks using the vehicle's own platform controls and procedures, rather than external simulators. The program covers weapon systems operation, crew-level qualification and validation of the embedded training capability on an operational combat platform.

Small Arms Market to Hit $13.41B by 2031 as Defense Modernization Accelerates

Image
Small Arms Market to Hit $13.41B by 2031 as Defense Modernization Accelerates

Hyderabad – September 19, 2026 -- The global small arms market is projected to grow from $10.75 billion in 2026 to $13.41 billion by 2031, a 4.53% CAGR, according to a new report from Mordor Intelligence.

Military modernization programs push demand for larger-caliber, modular rifle platforms

Procurement initiatives in Canada and India are driving adoption of newer rifle systems using 6.8 mm and 7.62 mm calibers, the report finds. The US Army's Next Generation Squad Weapon initiative exemplifies the shift toward advanced small arms designed for greater range, accuracy, and armor-penetration capability. Similar requirements among NATO members and Middle Eastern buyers are expected to sustain procurement activity for manufacturers and component suppliers.

CACI Wins Up To $1.5B CENTCOM Intelligence Support Deal

Image
CACI Wins Up To $1.5B CENTCOM Intelligence Support Deal

Reston – September 19, 2026 -- CACI International Inc (NYSE: CACI) has secured a new task order to support U.S. Central Command (USCENTCOM) worth up to $1.5 billion, with the company expecting to book $1.2 billion of the total awarded value.

CACI Secures Multi-Year CENTCOM Task Order

The award spans one base year plus four option periods, covering intelligence, planning, and information-integration support across USCENTCOM's area of responsibility. CACI will deliver the work through its Apollo platform, designed to accelerate decision-making and coordination among U.S. and partner forces operating in contested or denied environments.

Leidos Wins Corrected $926M Navy Network Contract Option Year

Image
Leidos Wins Corrected $926M Navy Network Contract Option Year

Reston, Va. – September 19, 2026 -- The U.S. Department of the Navy has awarded Leidos $926 million for the second option year of its Next Generation Enterprise Network Service Management, Integration and Transport contract, correcting an earlier figure of $875 million issued in a prior release.

Leidos secures $926 million to manage networks for 650,000 Navy and Marine Corps personnel

Under the award, Leidos will continue managing more than 425,000 devices across over 2,500 sites worldwide, supporting user access, IT operations and transformation activities on the Navy Marine Corps Intranet (NMCI), the Outside the Continental United States Navy Enterprise Network (ONE-Net) and the Marine Corps Enterprise Network (MCEN).

Axon Prices $1 Billion Zero-Coupon Convertible Notes Due 2031

Image
Axon Prices $1 Billion Zero-Coupon Convertible Notes Due 2031

Scottsdale, Ariz. – September 18, 2026 -- Axon Enterprise Inc. (Nasdaq: AXON) has priced $1.0 billion in aggregate principal amount of 0% convertible senior notes due 2031, with underwriters holding an option to purchase up to an additional $150.0 million to cover over-allotments.

Axon expects to net $986.0 million from the offering, or $1,134.3 million if the over-allotment is fully exercised

The sale to underwriters is expected to settle on September 18, 2026, subject to customary closing conditions. The public safety technology maker will direct $99.9 million of net proceeds, or $114.9 million with the over-allotment, toward capped call transactions, with the remainder earmarked for general corporate purposes including potential acquisitions of, or investments in, other businesses.

L2 Aviation Names Jason Marshall VP of Sales, Business Development

Cincinnati and Indianapolis – September 18, 2026 -- L2 Aviation has appointed Jason Marshall, former Director of Business Development at AMETEK, as its Vice President of Sales and Business Development, tasking him with converting qualified opportunities into bookings across commercial, business, military, and special-mission markets.

Marshall to lead expansion into Advanced Air Mobility and new commercial verticals

In his new role, Marshall will direct business development efforts, strengthen customer and partner relationships, and align sales strategy with L2 Aviation's engineering, manufacturing, certification, aircraft modification, repair, and field-support capabilities. His mandate extends to Advanced Air Mobility, a vertical the company is targeting alongside existing commercial and defense markets.