MarketPulse

Navy contracts

3 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Na

HII Delivers Advanced Destroyer as Defense Contractor Ramps Up Naval Shipbuilding

HII delivered the second Flight III destroyer and plans outsourcing 2.5 million shipbuilding hours in 2026 with 17 additional destroyers in pipeline.
HIINavy contractsAegis Baseline 10
The Motley FoolThe Motley Fool··Rich Smith

Saronic Raises $1.75B to Build Autonomous Navy Fleet as Defense Demand Surges

Defense tech startup Saronic raises $1.75B at $9.25B valuation with $392M Navy contract, planning scaled production of autonomous 180-foot warships.
LHXGDHIILDOSdefense contractorprivate funding
BenzingaBenzinga··Prnewswire

Conrad Industries Posts 77% Earnings Surge But Backlog Slump Raises Growth Concerns

Conrad Industries' net income surged 77% to $19.9M in 2025, but backlog plummeted 27% to $213.9M, raising growth concerns despite management optimism on Navy contracts and fabrication expansion.
CNRDgovernment contractsshipbuilding