Defense Procurement

RESTON – November 03, 2026 -- Leidos (NYSE: LDOS) has lined up its missile-component suppliers to build an initial 3,000 Low-Cost Containerized Missile (LCCM) weapons, with full-rate production anticipated in 2028 and 2029.

The supplier summit took place September 26 at Leidos' headquarters. Participants aligned on requirements, manufacturing capacity, timelines and delivery schedules. The work supports the May 13 framework agreement between the Department of War and Leidos for the 3,000 LCCM weapons. It also supports the AGM-190A Havoc Spear cruise missile, which Leidos describes as combat-proven.

Leidos plans LCCM and Havoc Spear production in Alabama and Tennessee

LCCM and AGM-190A production will be concentrated primarily in Huntsville, Alabama, and McEwen, Tennessee. Leidos' suppliers will perform work across 14 states.

HAIFA – November 02, 2026 -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) won a contract worth about $170 million from the Israel Ministry of Defense (IMOD) to establish and operate a training and simulation center for the Israel Defense Forces (IDF) Artillery Corps. The contract runs for 15 years.

Center to support integration of ROEM and LAHAV artillery systems

The facility will support the operational integration of the ROEM (SIGMA) self-propelled artillery system and the LAHAV (PULS) precision rocket launcher system into the Artillery Corps.

Elbit to deliver simulators, classrooms and AI-based training tools

Elbit Systems will develop and deliver the training infrastructure, including mission and driving simulators, training classrooms and dedicated facilities. The solution combines simulation technologies, automation capabilities, AI-based functionalities and new driver training solutions.

Koblenz – November 02, 2026 -- Germany's procurement agency BAAINBw has contracted two new PATRIOT fire units to replace systems the Bundeswehr handed to Ukraine in August 2025, and has also ordered new containerized repair equipment for the air defense system.

Budget Committee approved the purchases on October 14, 2026

The Bundestag's Budget Committee cleared both procurements on October 14, 2026, according to the agency. The Federal Office for Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) then signed the replacement contract. The source gives no contract value or delivery schedule.

TORONTO – October 30, 2026 -- NEO Battery Materials (TSXV: NBM) reported second-quarter revenue of $203,566 against a gross loss of $807,492 for the period ended August 31, 2026, as the drone and defense battery maker builds out a South Korean cell plant ahead of expected higher-volume orders. All figures are in Canadian dollars unless noted.

Six-month gross loss reaches $1.45 million as fixed costs outpace volume

Revenue for the six months ended August 31 was $382,530, with a gross loss of $1,450,753. NEO attributes the negative margins to early-stage commercial production at its cell manufacturing expansion facility, where volumes are not yet high enough to absorb the fixed cost base. The company expects the gap to narrow as output rises.

Providence – October 29, 2026 -- U.S. defense software company Havoc and CSBC Corporation, Taiwan, the island's largest shipbuilder, will hold a joint press conference on Tuesday, Nov. 3, at 10:30 a.m. Taiwan time at MATURE Taiwan in Tainan, as they advance licensed co-production of autonomous surface vessels (ASVs).

Joint press conference and demonstrations are set for booth M501

Havoc CEO and Co-Founder Paul Lwin and CSBC President Kun-Tsung Tsai will speak at the CSBC booth (M501). The session starts at 9:30 p.m. ET on Monday, Nov. 2. Havoc will also run virtual demonstrations of its collaborative autonomy software during the event. Times and locations for those demonstrations have not yet been released.

HERNDON, Va. – October 29, 2026 -- Four Akima subsidiaries have secured positions on the Missile Defense Agency's SHIELD indefinite-delivery/indefinite-quantity (IDIQ) contract, which carries a ceiling of $151 billion.

Cloud Lake, Systems Intelligence, RiverTech and Akima Logistics Services join the vehicle

The awardees are Cloud Lake Technology, Systems Intelligence, RiverTech and Akima Logistics Services. Their parent, Akima, employs 11,000 people and ranked #31 on Washington Technology's 2025 Top 100 list of government contractors.

SHIELD gives MDA and other DoD organizations a vehicle to compete work rapidly

SHIELD stands for Scalable Homeland Innovative Enterprise Layered Defense. It serves MDA and other Department of Defense organizations as a flexible contract vehicle for rapidly competing and delivering advanced capabilities. Its work areas support accelerated development and fielding of mission-critical technologies.

Kuala Lumpur – October 29, 2026 -- CTruk Boats Sdn Bhd and Integris signed a memorandum of understanding at Defence Services Asia 2026 (DSA 2026) to co-develop lightweight composite armour for CTruk's new 40m Surface Effect Ship (SES) Fast Patrol Craft.

Integris to build configurable armour kits for the SES platform

Integris will develop tailored lightweight armour kits for the SES, optimised for long-term durability in demanding marine environments across the Asia Pacific region. The kits are configurable to end-user requirements, including protection levels, coverage areas such as the wheelhouse, engine room and weapon stations, and modular installation.

TROY – October 29, 2026 -- Lockheed Martin (NYSE: LMT) has won a $694 million U.S. Air Force contract to produce the Air-Launched Rapid Response Weapon (ARRW), a hypersonic missile integrated on the B-52 bomber.

The award follows years of joint development and testing between the company and the Air Force. ARRW is designed to travel at more than Mach 5 and engage targets from significant standoff ranges.

Lockheed Martin breaks ground on 47,000-square-foot ARRW production expansion in Alabama

The company began construction on an expansion of Building P-20 in Troy, Alabama, the same day. The addition of 47,000 square feet of production space will triple the facility's current production area. Lockheed Martin expects the project to create new jobs over the next four years, on top of almost 4,000 employees it already has in Alabama. The workforce will build ARRW using advanced manufacturing, robotics and digital technologies.

ALBUQUERQUE – October 29, 2026 -- X-Bow Systems has won its seventh new propulsion program of 2026, after prime contractor CoAspire selected it to develop and produce the ground-launched solid rocket motor (SRM) boosters for the U.S. Navy's Coalition Heterogeneous Affordable Offensive Strike (CHAOS) program.

CHAOS targets an affordable, mass-producible cruise missile for U.S. allies

The program is designed to give U.S. allies a versatile strike capability against land and maritime targets. Its stated aims are to build collective deterrence and reduce reliance on expensive legacy stockpiles.

CoAspire CEO Doug Denneny described the weapon as an affordable, mid-range maritime strike system. He said the company's 56 first-tier suppliers across almost every state will support PMX-201, NAVAIR and coalition partners.

MIRABEL – October 29, 2026 -- Volatus Aerospace (TSX: FLT) has won a five-year Government of Canada contract to supply low-cost tactical intelligence, surveillance and reconnaissance (ISR) uncrewed aircraft systems to the Canadian Armed Forces (CAF). The initial order covers 100 systems, with options for up to 4,900 more, for a potential total of 5,000.

Ottawa caps unit price at C$5,000 within a C$25 million envelope

The government's procurement framework set a maximum price of C$5,000 per system and a maximum procurement envelope of C$25 million. Volatus' contracted pricing is commercially confidential. Canada can exercise the 4,900 optional systems at its sole discretion.