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California defense startup wins $105 million U.S. Navy contract.
Castelion received a $105 million U.S. Navy contract to integrate Blackbeard hypersonic missiles onto F/A-18 jets.
KEY POINTS
- Blackbeard can be launched from carrier-based F/A-18s, reaching targets previously unreachable by land-based missiles.
- Castelion is building Project Ranger, a $250 million fully company-funded manufacturing campus in New Mexico.
- The Navy plans to buy 4,500 air-launched hypersonic missiles for F/A-18E/Fs over five years at $384,000 each.
- Blackbeard uses automotive-grade components to reduce costs and accelerate production over standard military hardware.
COMPANIES
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