Defense Manufacturing

Protocase Companies Launch Velocity Summit to Tackle Slow U.S. Defense Manufacturing
The Velocity Summit convenes defense, government, and industry leaders to address structural barriers slowing U.S. military production, aiming to form a cross-sector working group for faster design-to-deployment cycles.

Advanced Magnet Lab Secures $2 Million Defense Grant for Domestic Magnet Production
Royalty Management Holding Corporation's portfolio company, Advanced Magnet Lab, received a $2 million grant from the Defense Logistics Agency to produce high-grade permanent magnets for defense use, reducing reliance on Chinese technology.

Steyr Motors AG Expands Management Board with Appointment of Bjorn Krausmann as CFO
Steyr Motors AG appoints Bjorn Krausmann as CFO to drive growth strategy and internationalization, underscoring its focus on expanding in defense and civil engine markets.

Critical Infrastructure Technologies Acquires Western Australian Engineering Firm to Boost Sovereign Manufacturing
CiTech's acquisition of a precision engineering company in Western Australia strengthens sovereign defence manufacturing, provides immediate revenue and EBITDA, and scales production of its Nexus platforms for global markets.

Premier Graphene and HGI Secure First Contract with Mexico’s Defense Sector
Premier Graphene Inc. and its joint venture partners have been awarded their inaugural contract by Mexico’s Defense Secretariat, marking a strategic entry into the country’s defense manufacturing ecosystem and positioning them for follow-on military contracts.

Critical Infrastructure Technologies Partners with Polish Defense Manufacturer for Nexus Tower Production
Critical Infrastructure Technologies has signed a confidentiality agreement with Polish defense manufacturer H. Cegielski - Poznań S.A., marking a significant step in the company's European expansion and enabling local manufacturing of its autonomous communications tower systems for defense and emergency applications.

Critical Infrastructure Technologies to Acquire Western Australian Precision Manufacturer for Sovereign Defence Capability
Critical Infrastructure Technologies Ltd. is acquiring a Western Australian precision manufacturing company to strengthen Australia's sovereign defence manufacturing capacity and accelerate production of its autonomous communication systems.

Trident Maritime Systems Divests UK Subsidiary AGI to DC Capital Partners
Trident Maritime Systems has divested its UK subsidiary AGI to DC Capital Partners, a strategic move that allows Trident to sharpen its focus on serving core U.S. Navy customers while positioning AGI for new growth opportunities under specialized private equity ownership.

Defense Sector Emerges as Key Driver for Platinum and Palladium Demand
Platinum Group Metals Ltd. positions itself to capitalize on growing military applications for platinum and palladium in advanced defense technologies, highlighting the strategic importance of its Waterberg Project in South Africa.

Lockheed Martin Faces $3.6 Billion in Charges as Fighter Jet Programs Decline
Lockheed Martin confronts significant financial challenges with over $3.6 billion in charges and diminishing fighter jet prospects, forcing strategic shifts toward missile defense and hypersonic weapons.

Energy Fuels and Vulcan Elements Partner to Establish U.S. Rare Earth Magnet Supply Chain
Energy Fuels Inc. and Vulcan Elements have signed a memorandum of understanding to create a domestic supply chain for rare earth magnets, reducing U.S. dependence on China for these critical components used in defense systems, electric vehicles, and advanced technologies.

L3Harris Completes $100 Million Florida Facility Expansion for Missile Defense Capabilities
L3Harris Technologies has expanded its Florida satellite facility to accelerate production of space-based missile warning and defense systems, strengthening national security against hypersonic threats while boosting local manufacturing and employment.

Maryland Misses Opportunity as U.S. Seeks Asian Shipbuilding Partnerships to Counter China
Maryland's failure to pursue shipbuilding partnerships with South Korea and Japan represents a missed economic opportunity despite the state's historic role in naval construction and current federal efforts to counter Chinese maritime dominance.

Defense Supply Chain Gets Boost from Virginia Metal 3D Printing Initiative
A new series of workshops across Virginia aims to modernize the defense industrial base by helping small and mid-sized machine shops adopt metal additive manufacturing technologies, potentially transforming military supply chains and manufacturing capabilities.