OTHER · TECHNOLOGY-ENABLED · HYPERSONIC PROPULSION & AIRCRAFT
Hermeus
privateHQ Atlanta, GARANK #19 OF 27 COMPANIESLow Exposure
Ownership · Private (VC-backed)
Key programs · Quarterhorse, Chimera engine
ARSENAL SCORE
74
▲ 7 this quarter
DATA CONFIDENCE: LOW — FAST-MOVING OR UNVERIFIED
Pillar signature
Four pillars, 0–100, plotted against the other companies tier average.
THIS COMPANYTIER AVERAGE
How the score is built
Each pillar is weighted differently for other companies: other companies weight Surge Capacity and Investment Quality more heavily.
ARSENAL SCORE = Σ (PILLAR SCORE × SUBCONTRACTOR WEIGHT)
Surge Capacity55/100 · ×35%19.3 pts
Rapid iterative build cadence; pre-production so scale is unproven.
Investment Quality76/100 · ×25%19.0 pts
Strong US venture backing in a priority hypersonics niche.
America Score88/100 · ×20%17.6 pts
US development and test.
Adversary Exposure90/100 · ×20%18.0 pts
US-controlled; early-stage supply chain.
Arsenal Score73.8 pts74
Position in the Index
Arsenal Score against every other company in the index this quarter.
050100
RANK #19 OF 27 COMPANIES · INDEX AVERAGE 80
SOURCE: FPDS, SEC FILINGS, CFIUS NOTICES, SAM.GOV · METHODOLOGY: DEFENSEWATCH.COM/METHODOLOGYDEFENSE WATCH · Q3 2026