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Elbit Systems announced it was awarded a contract in an amount of approximately $50 million for its new air defense system, “Red Sky,”™ by an international customer.
Anduril Industries announced Menace-X, an expeditionary command, control, communications and computing (C4) vehicle-based system that extends strategic and operational-level capabilities to the tactical edge.
Satellite company SES has agreed to buy Intelsat for $3.1 billion in a deal that would create a major European player but raised investor concerns around debt, sending the buyer's shares to a record low.