Hanwha Readies Philly Shipyard For Navy Work

Honeywell Aerospace will spend $500 million on a 300,000-square-foot plant at its Tempe, Arizona, campus. The plant will bring complex machining in-house and build actuation and cooling systems, adding about 600 jobs and opening in late 2028.

Lockheed Martin started building a 47,000-square-foot addition to its plant in Troy, Alabama, putting $67 million of its own money into tripling production space for the Air Force's ARRW hypersonic missile.

JVIS, a Michigan auto supplier, launched a defense unit with a $13.2 million Army award for a diesel-to-electric auxiliary power unit, as Michigan released a five-year plan to grow its defense and aerospace industry.

Biosphere won a $21 million Pentagon award to build a 20,000-liter fermentation plant that will make about 100 tons a year of military chemicals, with commissioning set for late 2027.

The Army opened Camp Atterbury and Muscatatuck in Indiana to commercial drone and counter-drone testing, adding more than 34,000 acres at Atterbury and a 1,000-acre developmental site at Muscatatuck to its list of open test sites.

Canoochee Electric Membership Corp. won a $54.8 million Army Corps of Engineers contract to build a microgrid and power generation in Savannah, Georgia, with completion set for April 2029.

The Space Force plans a sole-source contract worth up to $945.9 million with Boeing to maintain and modernize its military communications satellites and their ground systems.

Lockheed Martin won a $43.7 million contract change to upgrade operating systems at the F-35 reprogramming labs, with most of the work at Eglin Air Force Base in Florida.

Hanwha Defense USA will take the controlling 60% stake in Hanwha Philly Shipyard from Hanwha Systems, putting its U.S. defense arm in charge of the yard and its nearly 2,500 workers as it pursues Navy work.

T. Parker Host will spend $50 million to expand the Avondale Global Gateway, the former Avondale shipyard outside New Orleans, adding rail, a 200,000-square-foot warehouse and a fifth deepwater dock by December 2027, along with about 100 jobs.

The Transportation Department awarded $498 million in port grants to 35 projects in 19 states, led by $50.6 million for the DeLong Dock in Whittier, Alaska, and $30.75 million for Port Everglades in Florida.

Premium Plate will invest more than $20 million in a steel plate processing plant in Axis, Alabama, north of Mobile, to cut, blast, paint, bevel and roll plate for customers including marine and power generation, starting in January 2027.

Bracco Imaging will invest $230 million in its first U.S. plant in Sanford, North Carolina, creating 200 jobs making injectable contrast agents for medical imaging.

Brose Sitech picked the Scout Supplier Park in Blythewood, South Carolina, for its first U.S. plant, a $29.5 million, 330-job site that will build complete seat sets for Scout Motors, with operations expected to begin in 2027.

Helix Electric will build a $45.3 million fabrication campus in Jackson County, Alabama, creating 160 jobs making prefabricated electrical components and skids for industrial and construction projects.

SteelFab will open a $30 million structural steel fabrication plant in Columbia, South Carolina, adding 100 jobs and running by the end of 2026.

Anduril and Qualcomm unveiled BlueChip, a line of laptops with circuit boards assembled at Anduril's Arsenal-1 in Ohio around Snapdragon chips made at TSMC in Arizona, with orders opening in 2027.

The Energy Department offered Constellation a conditional commitment of up to $5 billion to add nearly 1.1 gigawatts at eight nuclear plants in Illinois, Maryland and Pennsylvania, work DOE says will support more than 10,000 project-related jobs.

Alliant Energy closed $5.1 billion in Energy Department loans for new gas plants, energy storage and upgrades that add more than 2.6 gigawatts in Iowa and Wisconsin.

Baker Hughes won an order from a major U.S. tech company for about 1.1 gigawatts of gas turbines, 34 Frame 5 and nine NovaLT16 units, plus dry coolers to power and cool AI computing.

CenterPoint Energy raised its 10-year capital plan by $4 billion to $70.7 billion to serve 14 gigawatts of new demand it expects by 2030.

Global Laser Enrichment received the NRC's final environmental impact statement for its planned laser uranium enrichment plant in Paducah, Kentucky, a step toward a construction and operating license.

Nova Minerals won final Alaska approvals for the first stage of its Estelle antimony project, funded by a $43.4 million Department of War award, with first production targeted for 2027.

Re:Build Manufacturing raised $2.1 billion led by General Catalyst and JPMorganChase to add U.S. factory capacity and start new industrial companies, building on its companies' 2.4 million square feet of U.S. plants and more than 2,100 employees.

Firehawk Defense raised more than $150 million in a Series D at a valuation above $1.4 billion, led by Advent International and Rochefort Asset Management, to scale its propellant and motor plant in Lawton, Oklahoma, and its missile integration plant in Crawford, Mississippi.

Foundry Robotics raised a $100 million Series A led by Marlinspike Partners to run its 130,000-square-foot autonomous assembly factory in Emeryville, California, for defense and commercial customers.

Disruptive announced a $10 billion fund to back at least 10 late-stage AI and defense companies with checks of up to $1 billion, according to the Dallas firm.

Rendezvous Robotics raised $20 million led by MaC Venture Capital and Toyota Ventures to fly a demonstration of self-assembling spacecraft tiles no earlier than April 2028.

American Advanced Materials raised a $12.5 million seed round led by Amity Ventures to make titanium sponge in America, and signed letters of intent with buyers worth more than $1 billion.

Scan Global Logistics agreed to buy OIA Global, the Portland, Oregon, freight forwarder with more than 1,200 employees, with closing expected in early 2027.