Startups bring innovation to defense industrial base
The U.S. War Department is accelerating defense manufacturing by awarding multi-year contracts to established contractors and partnering with startups to diversify its inventory. Major agreements include a $22.9 billion deal with Raytheon for Tomahawk missiles and a $58.62 billion contract with Lockheed Martin for Patriot enhancements. These efforts aim to strengthen the supply chain and integrate new technologies through the Department of War Innovation Unit, which has seen its budget rise to nearly $1 billion.
- ▪The War Department has awarded multi-year contracts, including a $22.9 billion deal with Raytheon for Tomahawk missiles and a $58.62 billion contract with Lockheed Martin for Patriot Missile Segment Enhancements.
- ▪Undersecretary of War for Acquisitions and Sustainment Michael Duffey described the new agreements as unprecedented and noted a three-times production increase for Patriot missiles.
- ▪The Department of War Innovation Unit, which collaborates with commercial companies and startups, has increased its budget to nearly $1 billion in recent years.
- ▪Rep. Michael McCaul stated that startups are essential for bringing new technology into the defense industry, complementing the role of prime contractors who build large weapon systems.
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| Original publisher | Fox News |
| Canonical URL | https://www.foxnews.com/tech/startups-bring-innovation-defense-industrial-base |
| Publication time | Sat, 26 Sep 2026 15:52:27 -0400 |
| Retrieval time | 2026-09-27T00:14:35.481Z |
| Last seen | 2026-09-27T00:14:35.481Z |
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Military Tech Startups bring innovation to defense industrial base Companies develop new weapons to strengthen supply chain By Bret Baier , Amy Munneke Fox News Published September 26, 2026 3:52pm EDT Comments Facebook Twitter Threads Flipboard Print Email Add Fox News on Google close Video Defense weapons production accelerates as Pentagon awards multi-year contracts 'Special Report' examines the acceleration of defense manufacturing as the Department of War awards major multi-year contracts with companies. NEWYou can now listen to Fox News articles! New tools, longstanding partnerships and additional resources could be the keys to bolster the defense industrial base.
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