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Defense And Technology

All articles tagged with #defense and technology

Palantir's Warp Speed Launch for Warships: Is PLTR Stock a Buy?
defense-and-technology7 months ago

Palantir's Warp Speed Launch for Warships: Is PLTR Stock a Buy?

Palantir Technologies has launched 'Warp Speed for Warships' in collaboration with the U.S. Navy to digitally transform maritime supply chains and shipbuilding, potentially boosting its defense sector growth. The company's stock has surged nearly 94% in 2025, driven by strong earnings and expanding defense contracts, though analysts remain cautious about its high valuation. The initiative and recent contracts position Palantir as a key player in military technology innovation.

Anduril's Valuation Surpasses $30 Billion in Major Funding Round
defense-and-technology8 months ago

Anduril's Valuation Surpasses $30 Billion in Major Funding Round

Anduril, a defense tech company specializing in autonomous drones and AI technologies, raised $2.5 billion in a funding round led by Peter Thiel’s Founders Fund, boosting its valuation to $30.5 billion. This makes it one of the most valuable private companies globally and nearing the market value of established defense giants like Northrop Grumman. The company has secured significant military contracts and is expanding its manufacturing and product development, signaling a shift in the defense industry driven by venture capital and technological innovation.

Lockheed Martin Secures $17 Billion US Missile Defense Contracts
defense-and-technology1 year ago

Lockheed Martin Secures $17 Billion US Missile Defense Contracts

Lockheed Martin has secured a $17 billion contract from the U.S. Missile Defense Agency to develop the Next Generation Interceptor (NGI) for protecting the United States against intercontinental ballistic missile threats. The program aims to modernize the Ground-Based Midcourse Defense system and is expected to produce 20 interceptors by 2028. This win comes as a boost for Lockheed following setbacks in other defense projects, and the company's shares closed up 0.60% on Monday. The contract represents a significant investment in missile defense, with the Biden administration requesting $28.4 billion for missile defenses in its fiscal 2025 budget.

"Australia's Multi-Billion Dollar Commitment to AUKUS Submarine Project with British-Australian Vendor Team"
defense-and-technology1 year ago

"Australia's Multi-Billion Dollar Commitment to AUKUS Submarine Project with British-Australian Vendor Team"

Australia has selected BAE Systems and ASC Pty Ltd to collaborate on building and operating its own nuclear-powered submarines under the AUKUS agreement, with the UK's next-generation design serving as the basis. BAE Systems will work with ASC to establish a long-term joint venture in Australia, drawing on their expertise to develop a sovereign nuclear-powered submarine building capability. The SSN-AUKUS program will result in the largest and most advanced attack submarines for the Royal Navy and Australia, with BAE Systems receiving significant funding and expanding its workforce to support the program in both the UK and Australia.