The Pentagon's Strategic Capital Office signed $1.2 billion in conditional loan agreements for rare earth element separation and metallization facilities. Energy Fuels and Phoenix Tailings will receive support.
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BREAKING NEWS
The Pentagon's Strategic Capital Office signed $1.2 billion in conditional loan agreements for rare earth element separation and metallization facilities. Energy Fuels and Phoenix Tailings will receive support.
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The U.S. Defense Department completed a $1 billion investment in L3Harris’ missile unit to strengthen rocket motor and missile production capacity.
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The Pentagon is advancing AI-powered autonomous drone projects to enable fewer human operators to manage larger numbers of robotic systems.
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The Pentagon has reportedly selected Anduril and Impulse Space for prototype work under the Golden Dome missile defense initiative, as the program faces growing scrutiny over cost and technical feasibility.
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Pentagon officials reportedly evaluated deploying around 3,000 troops from the 82nd Airborne Division for possible operations against Iran, including a potential assault on Hark Island.
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The Pentagon’s Space Data Network aims to deliver missile warning and tracking data to defensive systems in near real time. The network is expected to serve as a critical backbone for the Golden Dome missile defense architecture.
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The Pentagon has signed a $700 million contract with Lockheed Martin to begin production for Denmark’s 16 additional F-35A fighter jets. With the new procurement, Denmark’s total F-35 fleet is expected to reach 43 aircraft.
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The Pentagon reported that TR-3 upgrades for F-35 jets are facing severe parts shortages and delays, pushing costs nearly $1 billion over budget.
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