Pentagon
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WeaponsRTX Signs Framework Agreements With DoD To Increase Production On Five Munitions
RTX’s [RTX] Raytheon business signed framework agreements with the Defense Department to expand production of five major munitions over seven years, the company said on Wednesday. Under the Feb. 4 […]
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Missile DefenseDoD Inspector General Launches Audit Into SM-3 IIA
The Department of Defense Office of the Inspector General (OIG) last week announced it has opened an audit of the Missile Defense Agency’s (MDA) management of the RTX [RTX] Standard […]
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CongressPentagon Set For Temporary Weekend Shutdown, As Senate Votes On Final Spending Deal
While the Senate will vote Friday night on a spending deal that includes final fiscal year 2026 defense appropriations, the Pentagon is set to have a temporary lapse in funding […]
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PentagonLockheed Martin, Pentagon Sign Agreement To Quadruple THAAD Interceptor Production
Lockheed Martin [LMT] and the Pentagon have agreed on a framework for the company to quadruple the production of Terminal High Altitude Area Defense (THAAD) interceptors over the next seven […]
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PentagonDuffey Teases Announcement Of More Production Boost Initiatives ‘In the Coming Days’
After having recently rolled out major initiatives to rapidly boost production of Patriot interceptors and solid rocket motors, the Pentagon’s acquisition chief on Tuesday teased that additional efforts along those […]
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PentagonTrump Admin Releases National Defense Strategy With Homeland Defense As Top Priority
The Trump administration’s new National Defense Strategy (NDS) places homeland defense as a top priority, and calls for international partners to increase defense spending investments along with continuing to “supercharge” […]
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PentagonPentagon Launches Pilot Waiving Fees For 400 Patents To Help ‘Productize’ Its Billions In IP
The Pentagon wants to license more of its intellectual property to industry, and on Thursday launched a two-year pilot project waiving fees and royalties for around 400 patents in top […]
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Business/FinancialNorthrop Grumman Says It’s In Tune With Rapid Production Goal In DoD-L3Harris Agreement
Northrop Grumman [NOC] said that it is in tune with the rapid production goal that the Pentagon said motivated its agreement with L3Harris Technologies [LHX] to spin off the latter’s […]
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Advanced / Transformational TechnologyHegseth Directs ‘AI-First’ Military Strategy
Defense Secretary Pete Hegseth has directed a new strategy to accelerate the Pentagon’s adoption of artificial intelligence, detailing an aim to become an “AI-first” military. A new memo from Hegseth […]
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Business/FinancialDuffey: “We’re Picking Speed” In $1 Billion Investment In L3Harris SRM Spin-Off
L3Harris Technologies [LHX] is to spin off its newly created missile solutions business as a new company with a $1 billion infusion from the Pentagon’s Industrial Base Analysis and Sustainment […]