Defense News

Stay updated with the latest news in the defense industry. Read about global defense contracts, advancements in government technology, military updates, and veterans' affairs. Keep abreast of significant developments and industry insights.

May 22, 2026 at 5:14 PM

Presto and USA Cares Launch Memorial Day Campaign to Support Veterans and Military Families

SAN MATEO, Calif.--(BUSINESS WIRE)--Presto and USA Cares launch Memorial Day campaign to help support veteran families at select Carl’s Jr. and Hardee’s drive-thrus nationwide....
May 22, 2026 at 4:05 PM

Palladyne AI Announces Employee Equity Awards

SALT LAKE CITY--(BUSINESS WIRE)--Palladyne AI Corp. (Nasdaq: PDYN and PDYNW) (“Palladyne AI”), a U.S.-based defense and industrial technology company delivering embodied AI-powered collaborative autonomy solutions, advanced avionics, precision-manufactured components, UAVs, and advanced aerospace engineering services, today announced that effective May 20, 2026, the Compensation Committee of Palladyne AI’s Board of Directors approved the grant of, in the aggregate, 91,528 restricted stock units...
May 22, 2026 at 1:20 PM

Balfour Beatty Communities and U.S. Army Fort Gordon Celebrate First New Homes in $50 Million Housing Investment

FORT GORDON, Ga.--(BUSINESS WIRE)--Balfour Beatty Communities, a longtime partner of the Department of Defense, joined U.S. Army Fort Gordon leadership and military families on Wednesday, May 20 to celebrate the completion of the first new homes at Pine Tree Terrace, part of an over $50 million housing investment at Providence Family Homes, the installation’s privatized military housing community. The ribbon‑cutting ceremony marked a significant milestone in Balfour Beatty Community’s long‑term...
May 22, 2026 at 11:18 AM

For the Seventh Consecutive Year, Hunt Military Communities Earns 2025 SatisFacts Resident Satisfaction Award Company-wide

ALPHARETTA, Ga.--(BUSINESS WIRE)--Hunt Military Communities (HMC), the nation's largest privatized military housing operator with more than 60,000 homes across 59 military installations serving more than 175,000 residents, today announced it has earned the 2025 SatisFacts Resident Satisfaction Award at the company level for the seventh consecutive year, alongside recognition for dozens of individual communities and neighborhoods across all five military branches. The SatisFacts Resident Satisfa...
May 22, 2026 at 9:00 AM

York Space Systems to Present at Jefferies Space Virtual Summit

DENVER--(BUSINESS WIRE)--York Space Systems (York) (NYSE: YSS) today announced that Dirk Wallinger, CEO, will present at the 2026 Jefferies Space Virtual Summit. During the course of this event, York may disclose material developments affecting its business and/or financial performance. Listeners may access the event via live audio webcast at ir.yorkspacesystems.com. Tuesday, May 26, 2026 Presentation at 12pm MT / 2pm ET Duration: 30 Minutes Speaker: Dirk Wallinger, CEO Webcast: http://ir.yorks...
May 22, 2026 at 8:15 AM

Witness to War Foundation Observes Memorial Day and Celebrates 25 Years of Preserving Oral Histories of Combat Veterans

ATLANTA--(BUSINESS WIRE)--Witness to War, dedicated to preserving the oral histories of combat veterans through video interviews, observes Memorial Day & celebrates 25 years....
May 22, 2026 at 7:53 AM

Contract Professionals, Inc. Founder Steve York Announces Retirement After 44 Years

WATERFORD, Mich.--(BUSINESS WIRE)--CPI Founder Steve York retires after 44 years, leaving a legacy rooted in service, veteran employment, trusted talent solutions, and loyalty....
May 22, 2026 at 6:45 AM

Booz Allen Hamilton Announces Fourth Quarter and Full Year Fiscal 2026 Results

MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) today announced preliminary results for the fourth quarter and full fiscal year 2026....
May 22, 2026 at 6:00 AM

Starfighters Space (NYSE American: FJET) Advances STARLAUNCH Program and Commercial Space Development Through Strategic $17.5 Million Investment

KENNEDY SPACE CENTER, Fla.--(BUSINESS WIRE)--Starfighters Space, Inc. (“Starfighters Space” or the “Company”) (NYSE American: FJET), the space company operating the world’s only commercial fleet of flight-ready MACH 2+ supersonic aircraft, today announced a $17.5 million strategic equity investment led by global institutional investors. The Company intends to use the capital to support operational expansion, infrastructure development, and continued advancement of its STARLAUNCH platform, inclu...
May 22, 2026 at 1:09 AM

LTM Has Issued an Offer to Acquire Randstad’s Technology and Consulting Services Business in Europe and Australia to Scale Domain-Driven Solutions and AI Services

MUMBAI, India--(BUSINESS WIRE)--LTM has issued an offer to acquire Randstad’s Technology and Consulting Services business in Europe and Australia....
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