Navy locks in ISR vendors for 7 years with $350M contract vehicle
The Navy awarded 16 companies spots on a $350M indefinite-delivery contract for intelligence and surveillance systems, shutting out 15 other bidders and establishing the primary procurement vehicle for ISR task orders through 2033.
Havoc AI raises $100M as Navy plans 1,000+ autonomous boats
Havoc AI closed a $100M Series A led by Boardman Bay Capital, doubling down on multi-domain autonomy as the Navy commits to fielding thousands of USVs by 2030.
Lockheed Martin doubles venture fund to $1B, signaling pipeline war
Lockheed Martin expanded its venture capital arm from $400M to $1B on April 14, 2026 — the largest increase in the fund's 19-year history — directly competing with pure-play defense VCs and the Pentagon for control of the commercial startup pipeline to programs of record.