Defense Industry

The U.S. Space Force's Deep Space Advanced Radar Capability (DARC) program receives full funding of **$442 million** for fiscal year **2027**. Despite deployment delays, this investment underscores continued congressional support for vital space awareness technologies, signaling potential procurement opportunities for industry stakeholders.

Canada's Patrol Submarine Project will select a bidder for 12 submarines, impacting defense contracts. With a potential value exceeding **$100 billion**, the decision will establish long-term partnerships in submarine construction and maintenance, influencing the Canadian defense landscape significantly.

KNDS has been awarded a £1 billion contract to deliver 72 remote-controlled RCH 155 howitzers to the British Army, set to commence deliveries in 2028. This contract signals increased modernization efforts within UK military artillery capabilities, potentially creating new partnerships and subcontracting opportunities for defense contractors.

The U.S. Military is increasing missile production capacity due to depleting stockpiles from wartime operations. Lockheed Martin aims to boost Patriot missile output to 2,000 units annually, though restoring full inventories may take years, presenting opportunities for contractors and suppliers.