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Companies / Industrials / T3 Defense Inc.
DFNS

T3 Defense Inc.

IndustrialsProfessional Services
Ticker DFNSNEW YORK, NYFiscal year ends DecemberBook value per share $1.17Diluted shares 30.9M

T3 Defense Inc. (Nasdaq: DFNS) is a strategic acquirer and operator of aerospace and defense businesses, focused on suppliers and technology companies serving defense, aerospace, and advanced manufacturing markets. Its portfolio includes B. Rimon Agencies, an Israeli supplier of generators, masts, lighting systems,… From the company’s description.

In fiscal 2025, T3 Defense Inc. reported net income of $76.60M. Operations used $6.20M in cash.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-03-31
Sales & profitability
—
0.00%FY2025
$76.60MFY2025
+999.2% year over year
Last 12 mo $-52.89M
-418.91%FY2025
−538.9 percentage points
Last 12 mo -142.56%
Cash & financing
$-6.20MFY2025
−62.3% year over year
Last 12 mo $-9.78M
$-6.23MFY2025
−63.1% year over year
Last 12 mo $-9.96M
-0.09FY2025
Was -0.43× a year earlier
Last 12 mo 0.39
9.2MFY2025
+435.3% year over year
Last 12 mo 30.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What T3 Defense Inc. does

In the company’s own words

T3 Defense Inc. (Nasdaq: DFNS) is a strategic acquirer and operator of aerospace and defense businesses, focused on suppliers and technology companies serving defense, aerospace, and advanced manufacturing markets. Its portfolio includes B. Rimon Agencies, an Israeli supplier of generators, masts, lighting systems, tactical vehicles, and trailers for defense forces, intelligence agencies, and other customers; Tiltan Software Engineering, which develops simulation, mapping, geospatial intelligence, and GPS-denied navigation software; and Nimbus Drones, which specializes in unmanned aircraft systems and services. Other portfolio businesses include I.T.S. Industrial Tecno-logic Solutions, which makes integrated electromechanical machines and assembly lines, and Positech, which designs and manufactures motion-control systems. The company also holds interests in smart hydration technology and AI systems for perimeter security through Star 26 Capital and its subsidiaries. T3 acquired Star 26 in January 2026 and Tiltan in December 2025, following a shift from financial technology services to defense-sector acquisitions in 2024. Rimon employed 18 people.

Company details
Sector
Industrials
Industry (SIC)
Professional Services
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1787518
SIC
8742

Financial performance, year by year

Fiscal 2020–2025 · USD
$-65.84M$-26.99M$11.86M$50.70M$89.55M2020202120222022202320242025Last 12 moLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns T3 Defense Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

6
funds hold it
0 of 35
superinvestors hold it
$0.48M
held by funds, at market

Largest fund holders · T3 Defense Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
—of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do T3 Defense Inc. and its peers compare on margins and cash generation over ten years?”
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