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Ursa Major builds hypersonics, solid rocket motors and space mobility systems. Credit: URSA MAJOR Technologies Inc. Defence and aerospace company Ursa Major has agreed to become a publicly traded company through a merger with special purpose acquisition company (SPAC) Bleichroeder Acquisition Corp. III. (Bleichroeder). The anticipated post-transaction equity valuation is approximately $2.3bn, with closing expected in the first quarter of 2027. Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more Under the definitive business combination agreement, the combined company, set to be renamed Inflection Point Mach X…
India’s Akash medium-range mobile surface-to-air missile defence system. Credit: AjayTvm/Shutterstock.com. India’s Defence Minister Rajnath Singh has approved the transfer of technologies (ToT) for all conventional missile systems developed by the Defence Research and Development Organisation (DRDO) to Indian defence firms for domestic production. In a statement on 25 August, the Ministry of Defence said the decision will allow Indian businesses, including micro, small and medium enterprises (MSMEs), to manufacture missile systems domestically, provided they meet relevant regulatory qualifications and certifications. Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.…
WASHINGTON — The US Air Force has awarded aerospace giant Boeing a broad contract for the company’s F-15 fighter jet worth up to $131.2 billion, according to a Defense Department announcement. The eye-popping sum for the “F-15 Eagle Crest” covers aircraft production, upgrades and sustainment, among other features, for the Pentagon and the jet’s international customers. Work is expected to wrap up by August 2037, Monday’s notice says. The deal was sole-sourced to Boeing, which referred a request for comment to the Air Force. “The Eagle Crest contract vehicle is designed to fund actions related to future F-15 agreements and…
WASHINGTON — The Pentagon is working to “lock in” Gen. Christopher LaNeve’s nomination for Chief of Staff of the Army, in the wake of reports that some Senate lawmakers would be hesitant to confirm the former military aide to Defense Secretary Pete Hegseth for the job. The Pentagon’s focus on LaNeve’s confirmation also comes amid reports that Army Secretary Dan Driscoll could leave his post as the service’s top civilian as soon as the beginning of next month — potentially setting up a situation where the top two roles in the Army lack Senate-confirmed individuals. LaNeve “has the complete and…
Army officials have selected five firms to build nuclear microreactors at U.S. military bases as a bid to create energy independence, though the nation still relies heavily on imported enriched uranium for such projects. The service and the Defense Innovation Unit unveiled the initiative, dubbed “Project Janus,” at last year’s Association of the U.S. Army Conference in Washington, D.C. Now, officials are awarding up to $2.2 billion to the pool of five companies through a milestone-based Other Transaction Authority contract with fixed-price milestones to build out their microreactor technology on Army bases. Those firms and bases, announced on Wednesday, are: Antares…
WASHINGTON — The US Army has whittled down its nuclear microreactor vendor pool, divvying up to $2.2 billion to five companies to build out and test their prototypes for eventual use on military installations. “Unlike in prior conflicts, we now know that our domestic electric grid is potentially at risk in a conflict. We also know that we will not necessarily be able to move fossil fuels easily wherever we need them to go,” Jeff Waksman — the principal deputy assistant secretary of the Army for installations, energy and environment — told reporters today while announcing the awards for the…
Photos have emerged of an unmarked J-10CE (with the serial number 1020) undergoing testing at Chengdu, with the Uzbek Air Force pegged as the potential customer. If the reported 24-unit order is confirmed, that would make Uzbekistan the second foreign operator of the J-10CE, following the Pakistan Air Force (PAF), which inducted 20 aircraft and used them as part of its air operations in a recent conflict with India in May 2025. Indonesia and Bangladesh are also poised to become J-10CE customers, with Jakarta reviewing the Aviation Industry Corporation of China’s (AVIC) proposals for 42 aircraft and Dhaka planning to…
AUGUSTA, Ga. — The Army is planning for its long-range ground jammer, dubbed Terrestrial Layer System-Echelons Above Brigade (TLS-EAB), to go into production in fiscal 2027, according to service officials — years after initially awarding the concept and prototype contract. “This is a program that was started over five years ago, and we went down a path where we were trying to get after very specific requirements and realized that the operational environment is changing rapidly and those requirements were no longer the requirements we needed,” Mark Saxon, deputy project manager for Electromagnetic Warfare & Collection, told attendees at the…
WASHINGTON — The US Air Force has awarded a pair of contracts with a combined value of $766 million to upgrade the radar on the aging B-52 Stratofortress bomber, according to a Defense Department notice. One award, an indefinite delivery/indefinite quantity contract with a ceiling of $603 million, was issued to defense giant RTX’s subsidiary Raytheon for production and sustainment of new radars, according to Tuesday’s announcement. A second contract with a maximum value of nearly $163 million was issued to B-52 prime contractor Boeing for bomb rack modernization kits, which the DoD announcement says will support the B-52’s Radar…
Aravalli will fall within the 3,500 to 4,000 shaft horsepower class. Credit: HAL via X. Hindustan Aeronautics Limited (HAL) and Safran Helicopter Engines, through the SAFHAL Helicopter Engines joint venture, have agreed to design and develop new-generation helicopter engine for military use. Dubbed Aravalli, the high-power engine derived its name from the ancient Aravalli mountain range in India. Discover B2B Marketing That Performs Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms. Find out more In a post on X, HAL said the engine will fall within the 3,500 to 4,000 shaft horsepower class…
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