NEW YORK and NETANYA, Israel, July 31, 2026 (GLOBE NEWSWIRE) -- T3 Defense Inc. (Nasdaq: DFNS) (“T3 Defense” or the “Company”), a defense technology holding company, today announced that its wholly owned subsidiaries Rimon and Tiltan each reported record year-to-date revenue, new orders received, and total backlog.
“With July being a milestone month for T3 Defense, both Rimon and Tiltan posted the strongest year-to-date revenue, order intake, and backlog levels. We believe that reflects the growing demand for their capabilities and the strength of the customer relationships each team has built. We remain focused on converting this momentum into durable, long-term growth across the platform,” said Menny Shalom, Chief Executive Officer of T3 Defense.
Rimon
-
$2.6 million revenue recorded for July 2026, an all-time monthly high
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~$5.25 million in year-to-date revenue, already above full-year 2025 revenue of $4.6 million
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$2.1 million backlog as of July 31, 2026, scheduled for delivery through year-end
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$0.9 million in additional outstanding proposals not yet converted to orders
Rimon currently anticipates full-year 2026 revenue to exceed $7.2 million.
Rimon’s performance is driven by significant growth in activity volumes, deliveries, and orders supporting leading companies and entities in Israel’s defense industry. The growth reflects rising customer confidence in Rimon’s product quality, engineering and manufacturing capabilities, service levels, and ability to meet tight schedules and complex demands.
To support the increasing demand and an expanding project backlog, Rimon is preparing for meaningful operational expansion, hiring additional personnel, developing advanced operational systems and management software, and evaluating a move to a larger production facility to increase capacity.
Tiltan
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~$1.0 million in year-to-date revenue
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$2.5 million in total purchase orders received year-to-date
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$1.5 million backlog, as of July 31, 2026
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$3.5 million in additional outstanding proposals not yet converted to orders
Tiltan currently anticipates full-year 2026 revenue to exceed 4.0 million.
Tiltan's performance is driven by orders from a top leading global defense customers for the development of advanced aerial sensors.
Customers selected Tiltan’s solutions after evaluating multiple alternatives, citing unique capabilities not available elsewhere for high-fidelity external-world simulation of day and thermal sensors. These systems enable customers to shorten development cycles, reduce technical risk, and lower costs by minimizing the need for extensive field testing, effectively bringing the real world into the laboratory.
About Backlog and Other Operating Metrics
* Total pipeline, as used in this release, refers to the aggregate value of proposals and quotations submitted by Rimon and Tiltan to customers that have not yet been approved, awarded, or converted into binding purchase orders or contracts as of the date indicated. Backlog is an internal operating metric, is unaudited, has not been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), and should not be construed as a guarantee of future revenue. Backlog is inherently uncertain, is subject to change (including reduction, cancellation, or non-conversion) without notice, and there can be no assurance that any portion of reported backlog will result in actual orders, revenue, or cash flow in any future period. Revenue and new order figures presented in this release are preliminary, unaudited, and subject to adjustment in connection with the Company's regular financial closing and review procedures, including in the Company's periodic reports filed with the U.S. Securities and Exchange Commission (the “SEC”).
About T3 Defense Inc.
T3 Defense Inc. (Nasdaq: DFNS) is a defense technology holding company pursuing an active acquisition and value-creation strategy across the defense technology sector. The Company's wholly owned subsidiaries include Rimon, Tiltan, Nimbus, and Nukk Picolo Ltd. [Placeholder — confirm current subsidiary list and standard boilerplate language against most recent SEC filings.]
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Forward-looking statements are statements that are not historical facts and may include statements regarding the Company's expectations, beliefs, plans, or intentions, including statements regarding anticipated future revenue, orders, backlog conversion, growth trends, and the future performance of Rimon, Tiltan, and the Company's other subsidiaries. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” “would,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.
These forward-looking statements are based on current expectations and assumptions that are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including, without limitation: the fact that reported backlog consists of unapproved proposals that may not convert into binding orders or revenue; the risk that record monthly results may not be indicative of future or sustained performance; risks associated with the Company's liquidity, capital resources, and ability to access funding under its equity line of credit facility; risks relating to the Company's pending and future acquisitions, dispositions, and corporate restructuring transactions; competitive, regulatory, and geopolitical conditions affecting the defense sector, including conditions in Israel; the Company's ability to maintain compliance with Nasdaq listing requirements; and other risks and uncertainties described in the Company's filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact Us:
T3 Defense Inc.
575 5
th
Avenue
New York, NY 10017
contact@t3dfns.com
www.t3dfns.com
Investor Relations
The Equity Group Inc.
Lena Cati
lena.cati@theequitygroup.com
+1 212 836-9611
Val Ferraro
val.ferraro@theequitygroup.com
+1 212 836-9612
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/5608a898-3bd3-4548-bbda-16416e860d43
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T3 Defense Reports Record Year-to-Date Revenue, Orders and Backlog at Rimon and Tiltan
T3 Defense subsidiaries Rimon and Tiltan reported record revenues and growing backlogs, reflecting strong demand in the defense sector.
Quiver AI Summary
T3 Defense Inc. announced record year-to-date revenue and new orders for its subsidiaries Rimon and Tiltan as of July 31, 2026. Rimon achieved a monthly revenue record of $2.6 million, surpassing its full-year 2025 revenue with a total of $5.25 million so far this year, while anticipating over $7.2 million for 2026. The growth is attributed to increased demand and strong customer relationships in Israel's defense sector. Tiltan reported approximately $1 million in revenue and $2.5 million in purchase orders year-to-date, also expecting full-year 2026 revenue above $4 million. Both companies plan for operational expansions to meet this increasing demand and maintain their momentum in a competitive market.
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Potential Negatives
FAQ
What recent achievements did T3 Defense announce?
T3 Defense reported record revenue, new orders, and backlog achievements for its subsidiaries Rimon and Tiltan as of July 31, 2026.
How did Rimon perform financially in July 2026?
Rimon achieved $2.6 million in revenue for July 2026, with year-to-date totals exceeding $5.25 million, already surpassing its 2025 revenue.
What factors are driving Tiltan's revenue growth?
Tiltan's growth is fueled by orders for advanced aerial sensors from leading global defense customers emphasizing unique capabilities and reduced testing needs.
What is the significance of the backlog reported by T3 Defense?
The backlog, which includes unapproved proposals and quotations, represents potential future revenue but is subject to change and uncertainty.
What are T3 Defense's future revenue expectations?
Both Rimon and Tiltan anticipate exceeding full-year 2026 revenues of $7.2 million and $4 million, respectively, indicating projected growth.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DFNS Hedge Fund Activity
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Full Release
NEW YORK and NETANYA, Israel, July 31, 2026 (GLOBE NEWSWIRE) -- T3 Defense Inc. (Nasdaq: DFNS) (“T3 Defense” or the “Company”), a defense technology holding company, today announced that its wholly owned subsidiaries Rimon and Tiltan each reported record year-to-date revenue, new orders received, and total backlog.
“With July being a milestone month for T3 Defense, both Rimon and Tiltan posted the strongest year-to-date revenue, order intake, and backlog levels. We believe that reflects the growing demand for their capabilities and the strength of the customer relationships each team has built. We remain focused on converting this momentum into durable, long-term growth across the platform,” said Menny Shalom, Chief Executive Officer of T3 Defense.
Rimon
Rimon currently anticipates full-year 2026 revenue to exceed $7.2 million.
Rimon’s performance is driven by significant growth in activity volumes, deliveries, and orders supporting leading companies and entities in Israel’s defense industry. The growth reflects rising customer confidence in Rimon’s product quality, engineering and manufacturing capabilities, service levels, and ability to meet tight schedules and complex demands.
To support the increasing demand and an expanding project backlog, Rimon is preparing for meaningful operational expansion, hiring additional personnel, developing advanced operational systems and management software, and evaluating a move to a larger production facility to increase capacity.
Tiltan
Tiltan currently anticipates full-year 2026 revenue to exceed 4.0 million.
Tiltan's performance is driven by orders from a top leading global defense customers for the development of advanced aerial sensors.
Customers selected Tiltan’s solutions after evaluating multiple alternatives, citing unique capabilities not available elsewhere for high-fidelity external-world simulation of day and thermal sensors. These systems enable customers to shorten development cycles, reduce technical risk, and lower costs by minimizing the need for extensive field testing, effectively bringing the real world into the laboratory.
About Backlog and Other Operating Metrics
* Total pipeline, as used in this release, refers to the aggregate value of proposals and quotations submitted by Rimon and Tiltan to customers that have not yet been approved, awarded, or converted into binding purchase orders or contracts as of the date indicated. Backlog is an internal operating metric, is unaudited, has not been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), and should not be construed as a guarantee of future revenue. Backlog is inherently uncertain, is subject to change (including reduction, cancellation, or non-conversion) without notice, and there can be no assurance that any portion of reported backlog will result in actual orders, revenue, or cash flow in any future period. Revenue and new order figures presented in this release are preliminary, unaudited, and subject to adjustment in connection with the Company's regular financial closing and review procedures, including in the Company's periodic reports filed with the U.S. Securities and Exchange Commission (the “SEC”).
About T3 Defense Inc.
T3 Defense Inc. (Nasdaq: DFNS) is a defense technology holding company pursuing an active acquisition and value-creation strategy across the defense technology sector. The Company's wholly owned subsidiaries include Rimon, Tiltan, Nimbus, and Nukk Picolo Ltd. [Placeholder — confirm current subsidiary list and standard boilerplate language against most recent SEC filings.]
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Forward-looking statements are statements that are not historical facts and may include statements regarding the Company's expectations, beliefs, plans, or intentions, including statements regarding anticipated future revenue, orders, backlog conversion, growth trends, and the future performance of Rimon, Tiltan, and the Company's other subsidiaries. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,” “would,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words.
These forward-looking statements are based on current expectations and assumptions that are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated, including, without limitation: the fact that reported backlog consists of unapproved proposals that may not convert into binding orders or revenue; the risk that record monthly results may not be indicative of future or sustained performance; risks associated with the Company's liquidity, capital resources, and ability to access funding under its equity line of credit facility; risks relating to the Company's pending and future acquisitions, dispositions, and corporate restructuring transactions; competitive, regulatory, and geopolitical conditions affecting the defense sector, including conditions in Israel; the Company's ability to maintain compliance with Nasdaq listing requirements; and other risks and uncertainties described in the Company's filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. Except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact Us:
T3 Defense Inc.
575 5 th Avenue
New York, NY 10017
contact@t3dfns.com
www.t3dfns.com
Investor Relations
The Equity Group Inc.
Lena Cati
lena.cati@theequitygroup.com
+1 212 836-9611
Val Ferraro
val.ferraro@theequitygroup.com
+1 212 836-9612
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5608a898-3bd3-4548-bbda-16416e860d43
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