US Pentagon to award two-year procurement contract to Castelion for a minimum of 500 Blackbeard missiles annually, upon testing and validation, a statement says

The Pentagon's procurement contract for Blackbeard missiles indicates a significant investment in military capabilities, particularly in low-cost munitions.

Newsquawk StaffPublished 13 May 2026, 14:21 UTCOn the live feed at 14:01 UTC — 2 more headlines followed before this page went public

Newsquawk headlinesUTC

14:15

EIA Expectations: Crude -2.1M, Gasoline -2.85M, Distillate -2.83M

14:09

More activist investors, including Irenic Capital, have taken stakes in HP (HPE), Semafor reports citing sources; Irenic have discussed its holdings and frustration with execs

14:01

US Pentagon to award two-year procurement contract to Castelion for a minimum of 500 Blackbeard missiles annually, upon testing and validation, a statement says

14:00

BoE's Mann says "A tighter monetary policy stance could trigger volatility as the new actors unwind positions, potentially leading to tighter domestic financial conditions than intended"

14:00

The Trump administration has asked state Medicaid watchdogs to comply with the anti-fraud statutes or lose funding, WSJ reports

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Pentagon set to announce framework agreements with Anduril, Coaspire, Leidos and Zone 5 on low-cost containerised munitions
Pentagon effort positions it to potentially procure over 10,000 low-cost, containerised missiles over three years starting in 2027.

Context

This positioning could bolster defense spending and may influence related industries, signaling potential opportunities in defense stocks and impacting risk sentiment in broader markets.

All markets · last 90 days

Recent headlines that moved markets

EQUITIES/8 Sept · 05:24 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Equity indices, after we published−0.3%

Modest downside seen across equity futures as energy prices tick higher.

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

EQUITIES/3 Sept · 04:54 UTC

North Korea stripped references to "peaceful unification" with South Korea from the charter of its ruling Workers' Party of Korea, according to Yonhap.

Equity indices, after we published−3.3%

EQUITIES/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

ES, after we published−0.2%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.