T3 Defense (DFNS) Stock Price, News & Analysis
Company Description
T3 Defense Inc. acquires and operates mission-critical defense businesses involved in national security programs. The company is a defense technology holding company with common stock traded on Nasdaq under the symbol DFNS and warrants traded under DFNSW. Formerly Nukkleus Inc., T3 Defense has repositioned around a portfolio model focused on defense industrial suppliers, aerospace and defense technologies, and specialized businesses serving military, homeland security, and critical-infrastructure applications.
The company's operating approach combines centralized capital allocation, strategy, and oversight with decentralized day-to-day operations at its subsidiaries. T3 Defense focuses on businesses positioned in constrained areas of the defense supply chain, including manufacturers and technology providers with established customer relationships, order backlogs, and specialized capabilities. Its stated portfolio focus includes drones and autonomous vehicles, counter-drone systems, advanced manufacturing, tactical robotics, artificial intelligence software, and systems integration.
Portfolio and operating focus
T3 Defense's subsidiaries and portfolio companies span anti-missile systems, drone navigation, counter-drone solutions, defense engineering, tactical power and mobility systems, integrated defense systems, AI-driven security platforms, infrastructure supporting mission-critical operations, and advanced engineering and manufacturing services. The company describes its market context as defense and aerospace applications serving U.S., Israeli, and allied national-security requirements.
Rimon is described by the company as an exclusive distributor and manufacturer of components for priority missile-defense programs, including Iron Dome. Rimon's role within the portfolio centers on manufacturing and supply-chain support for defense programs that require reliable production and delivery performance.
Industrial Techno-Logic Solutions, or ITS, is a majority-owned engineering and manufacturing business in the T3 Defense portfolio. ITS designs, develops, and delivers serial, fully integrated electro-mechanical machines and advanced production systems. Its work includes build-to-spec and build-to-print execution for defense and aerospace programs with demanding technical and regulatory requirements.
The broader portfolio also includes activities in defense engineering, unmanned and autonomous systems, counter-UAS capabilities, AI-powered security platforms, motion-control and electro-mechanical manufacturing, tactical power and mobility systems, and defense infrastructure development through operating subsidiaries and related investments. T3 Defense's acquisition strategy is directed at companies that operate below prime contractors and support program execution within the defense industrial base.
Public-company profile
T3 Defense is organized as a Delaware corporation and reports as an emerging growth company in its public filings. Its principal public securities include common stock and warrants listed on Nasdaq. The company's public disclosures include material events related to acquisitions and dispositions, financing arrangements, debt exchanges and cancellations, operating results, capital structure, governance matters, and exchange-listing compliance.
The company's headquarters are in New York, with significant business activity tied to Israel through portfolio companies and subsidiaries. Its current identity is that of a defense-focused holding company rather than a single-product manufacturer: it acquires, owns, and scales businesses that provide components, engineering, software, and manufacturing capabilities for national security programs.
Stock Performance
T3 Defense (DFNS) stock last closed at $13.10. Over the past 12 months, the stock has lost 99.2%. At a market capitalization of $4.4M, DFNS is classified as a micro-cap stock with approximately 1.0M shares outstanding.
DFNS Rankings
Latest News
T3 Defense has 10 recent news articles. Of the recent coverage, 1 article coincided with positive price movement and 9 with negative movement. Key topics include stock split, acquisition. View all DFNS news →
SEC Filings
T3 Defense has filed 5 recent SEC filings, including 3 Form 8-K, 1 Form SCHEDULE 13D, 1 Form DEF 14A. The most recent filing was submitted on July 24, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all DFNS SEC filings →
Financial Highlights
operating income reached -$32.6M, and net income was $78.5M. Diluted earnings per share stood at $7.96. The company generated -$6.2M in operating cash flow. With a current ratio of 0.30, short-term liquidity bears monitoring.
Upcoming Events
Completion of $3.9M order
T3 Defense has 1 upcoming scheduled event. The next event, "Completion of $3.9M order", is scheduled for January 1, 2027 (in 156 days). Investors can track these dates to stay informed about potential catalysts that may affect the DFNS stock price.
Short Interest History
Short interest in T3 Defense (DFNS) currently stands at 13.4 million shares, up 48.5% from the previous reporting period, representing 0.3% of the float. Since February 2026, short interest has increased by 306.6%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for T3 Defense (DFNS) currently stands at 1.0 days, down 39.4% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 38.3% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 4.2 days.
DFNS Company Profile & Sector Positioning
T3 Defense (DFNS) operates in the Aerospace & Defense industry within the broader Services-management Consulting Services sector and is listed on the NASDAQ.