Space & Missile Defense Contracts: SpaceX won a $4.16B U.S. Space Force award under SB-AMTI to track airborne threats globally, with deployment milestones aimed for 2028. Missile Warning Tech: MDA Space secured a BAE Systems contract to supply antennas and control electronics for the MEO EPOCH 2 resilient missile warning and tracking constellation. Air Defense Industrial Base: Lockheed Martin opened a new NGI Next Generation Interceptor production facility in Alabama to scale homeland missile defense manufacturing. European Procurement: Rheinmetall locked in €5.7B in Romania orders for Lynx vehicles, Skyranger air defense systems, ammunition, and naval vessels, with deliveries planned 2028-2030. Defense Policy & Tech Oversight: A draft U.S. defense bill would restrict troops and Pentagon civilians from trading on prediction markets when they have nonpublic info. AI Cyber Governance: Trump signed a scaled-back AI executive order allowing voluntary federal access to advanced cyber-capable frontier models up to 30 days before public release. Ukraine Support: Zelensky said Russia is prioritizing attacks on Ukraine’s missile industry and missile developers ahead of future strikes. Arms Sales to Taiwan: Rubio said a major $14B Taiwan arms package remains under review while policy aims to preserve the status quo. Aerospace Expansion: AeroVironment plans a $15M Ohio expansion near Dayton to support advanced defense-related biotech manufacturing. Litigation Watch: Pomerantz filed a class action against AeroVironment over alleged securities law violations.