Book-to-Bill and Backlog: Reading a Defense Company's Real Health
Revenue tells you what a contractor shipped last year; bookings and backlog tell you what it will ship for the next five — if you know which lines to trust.
Industry
The contractors behind military hardware: production rates, backlog, workforce, castings, chips and the bottlenecks that push delivery dates to the right.
When a Prime Buys a Startup: What Happens After the Deal Closes
Acquisition gives defense startups scale and gives primes software speed — and per the deal record, what survives the first two years depends on how the buyer integrates.
Chips for Weapons: Why Military Microelectronics Don't Lead the Market
Weapons systems run on chip generations commercial phones discarded years ago, and the policy machinery around trusted supply is catching up to that reality.
Solid Rocket Motors: A Two-Supplier Industry Under Sustained Load
Nearly every American missile flies on a solid motor from one of two companies, and both are mid-expansion after decades of boom-bust demand.
Venture Capital's Defense Decade: How New Money Rewired the Market
Venture-backed firms moved from the edge of the defense market to multi-billion-dollar prime-contractor status in under a decade, changing how programs are won.
How the Pentagon Is Rebuilding 155mm Shell Production
Artillery output fell to peacetime levels after 2000; since 2022 the Army has been buying the machines, plants, and workforce to rebuild it at scale.