Logo
ABOUT
ARCHIVE
SUBSCRIBE
Search
Logo

Jul 28, 2026

•

4 min read

Ohio Gets Furious

Plus: Electra’s $850 million Ohio plant, 200 jet-engine jobs, a record LEAP agreement, and four Tacoma cranes.

Ohio Gets Furious
Zach Silber
Zach Silber

Happy Tuesday.

The build this week: Anduril rolled the first Ohio-built Fury off Arsenal-1’s production line 557 days after announcing the Pickaway County factory.

Underneath: Electra’s $850 million Ohio aircraft plant, 200 jet-engine jobs, a record LEAP agreement, and four Tacoma port cranes.

THE FLOOR
Market close · Mon Jul 27 · 4:00 ET
S&P 500
7,413.18▲ 0.02%
Aerospace & Defense (ITA)
$243.99▲ 1.60%
Semiconductors (SOXX)
$516.23▼ 2.05%
Industrials (XLI)
$183.20▲ 0.30%
GE Aerospace (GE)
$361.61▲ 2.24%
Brent Crude
$88.36/bbl▼ 8.70%
WATCH  Oil plunged on Middle East de-escalation while defense and GE Aerospace shares climbed and semiconductor shares sold off.

The Lead

Anduril rolled the first Ohio-built Fury off the Arsenal-1 production line Monday, capping a 557-day sprint from factory announcement to finished aircraft in Pickaway County.

That pace is the economic-development win. Production began in March, three months ahead of Anduril’s original July target, and the current line is built to produce up to 150 aircraft a year. Ohio and Anduril moved a greenfield aerospace project from site selection to physical output in less than 19 months.

Arsenal-1 is designed to grow into one of the country’s largest defense-production campuses. The full plan covers five million square feet on 500 acres near Rickenbacker International Airport, with $910.5 million of planned capital spending and 4,008 jobs committed by 2035. That scale would give central Ohio a major new anchor for advanced manufacturing and create room for suppliers and technical talent to build around it.

The location supports the mission. Arsenal-1 sits beside a long runway and military operating space, allowing Anduril to assemble, test, and fly aircraft from the same regional node. The company’s broader Arsenal model uses flexible production lines that can make multiple autonomous systems as demand changes. Pickaway County now has a platform built for faster defense manufacturing and future product growth.

The first Fury makes that strategy tangible. A major factory is operating, an aircraft has left the line, and the production system reached its first milestone ahead of schedule. The 557-day build shows how prepared land, air access, manufacturing labor, and coordinated execution can compress the path from investment announcement to industrial output.

For Ohio, Arsenal-1 is already a significant manufacturing win. It puts a finished defense aircraft behind the state’s development strategy and establishes Pickaway County as a place where ambitious aerospace projects can move quickly from plan to production.

Defense & Space

  • General Dynamics Mission Systems received a $400.4 million ceiling for the Proliferated Warfighter Space Architecture Tranche 3 ground segment through September 2030.
  • Modern Technology Solutions Inc. received a $371.3 million Space Rapid Capabilities Office ceiling for lifecycle and systems-engineering support, primarily in Albuquerque.
  • Rockwell Collins ESA Vision Systems won a $332.6 million award for F-15, F-16, and F/A-18 helmet-mounted cueing-system spares and repairs.
  • Bell Textron received $33.6 million for AH-1Z and UH-1Y structural and power improvements, with work led from Fort Worth and Amarillo.
  • Saab received a kr10.1 billion order for two GlobalEye aircraft, with delivery planned for 2030.

Semiconductors & Electronics

  • Synopsys and Intel Foundry certified AI-driven design flows for Intel 14A, extending their work beyond 18A and 18A-P.
  • Synopsys, AMD, and Microsoft introduced agentic chip-design workflows, with early evaluators reporting a company-claimed 25% to 40% reduction in debug cycles.
  • LG Electronics earned NVIDIA validation for a 600 kW coolant-distribution unit after testing against more than 100 technical criteria.
  • Advantech unveiled servers powered by AMD EPYC 9006 processors, with configurations offering up to 128 cores and 256 threads.

Manufacturing & Automation

  • Intelligrated, Trew, and Transnorm combined into one warehouse-automation provider with more than $1 billion in 2025 revenue and 3,700 employees.
  • Kansas City Hickory Provisions will open a 72,000-square-foot food-production facility in a former Harrisonville, Missouri Walmart in early 2027.
  • Electra selected Springfield, Ohio for its first EL9 production facility, an $850 million project expected to create 1,975 jobs and capacity for up to 800 aircraft a year.
  • Beehive Industries will invest $70 million in Southwest Ohio to add more than 200 jobs and scale 3D-printed jet-engine production beyond 8,000 units annually.

Energy & Materials

  • Strategic Value Partners agreed to buy a minority stake in South Field Energy, a 1,182 MW combined-cycle power plant in Columbiana County, Ohio; terms were not disclosed.
  • CS PowerTech opened the first phase of its Jeffersonville, Indiana solar-cell plant, with nearly $1 billion, 1,200 jobs, and more than 6 GWp tied to full buildout.
  • The Department of Energy launched one critical-minerals project screener for 14 federal partners; filing can surface financing interest but creates no federal commitment.

Supply Chain & Freight

  • HD Hyundai Samho won an order for four ship-to-shore cranes at the Port of Tacoma for Washington United Terminals.
  • HD Korea Shipbuilding and Siemens agreed to build a 3D shipyard data platform connecting design, production, logistics, inspection, and sea trials.
  • SeAH Aerospace & Defense became the first Korean aluminum-alloy supplier approved for Airbus, with certification planned this year and full supply in 2028.
  • IndiGo and CFM International signed an MoU covering more than 1,000 LEAP-1A engines for 510 Airbus A320neo-family aircraft, the largest single LEAP agreement to date.

Dealbook

  • TransDigm agreed to acquire specialty brazing-alloys supplier Prince & Izant for $1.066 billion in cash, including expected tax benefits.
  • Exeter Street Capital Partners recapitalized Price Circuits and Circuitronics, creating a quick-turn, low-volume PCB platform in Elgin, Illinois; terms were not disclosed.
  • Carrier agreed to sell NORESCO to LS Power subsidiary OPTERRA Energy Services; terms were not disclosed and closing is expected shortly.
  • Freight Hero raised $5 million to build an AI operations platform for freight brokerages.
  • KMM Group received an investment from RS2 Healthcare Partners to support the Hatboro, Pennsylvania precision contract manufacturer; terms were not disclosed.
  • Uranium Royalty Corp. completed its Sweetwater transaction, adding about 850,000 surface acres and 4.5 million mineral acres, largely in Wyoming.
  • Toyota agreed to join Volvo Group and Daimler Truck as an equal shareholder in cellcentric, giving each company one-third of the heavy-duty fuel-cell venture.

Back Thursday.

Keep Reading

Standard & Works

The intelligence briefing for U.S. Capex decision makers.

Receive Free Private Briefings Delivered to 1,000+ Decision Makers Driving U.S. CapEx Investment.

linkedin-logo

|