Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Wednesday, January 29, 2025
- Charges On Classified Programs Dampen Lockheed Martin’s Fourth Quarter; Taiclet Supports DOGE
- Engine Business Leads RTX To Solid Fourth Quarter; Raytheon Results Strong
- Trump Signs Order For Massive ‘Iron Dome For America’ Missile Defense Project
- Army Confirms ‘Review’ Of Current Solicitations, Contracts Amid Leadership Change
- Air Boss: Unmanned MQ-25 Will Fly This Year, Opens Way To 6th Gen Collaborative Combat Aircraft
- Despite Charges, Boeing Chief Cites Progress On Fixed-Price Defense Programs
- Senate Homeland Security Ranking Member Peters Won’t Seek Reelection
- Los Alamos’ Plutonium Pit Production of 30 Annually for Sentinel May Have to Wait Beyond 2026
- W80-4 Had ‘Nominal’ Flight Test Last Week, Sandia Director Said
- GE Aerospace and RTX’s Pratt & Whitney Score Big Prototype Contracts for NGAP
- NNSA ‘Clear-Eyed’ About the Work Ahead on Pits, Acting Administrator Says
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Business/FinancialDespite Charges, Boeing Chief Cites Progress On Fixed-Price Defense Programs
Boeing [BA] continues to grapple with challenges in troubled government programs it won bidding on fixed-price development contracts and while there is no simple fix progress is being made and […]
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Business/FinancialCharges On Classified Programs Dampen Lockheed Martin’s Fourth Quarter; Taiclet Supports DOGE
Charges on two classified contracts drove net income down at Lockheed Martin [LMT] in the fourth quarter and all of 2024, the company reported on Tuesday. The contracts lopped $1.5 […]
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Business/FinancialEngine Business Leads RTX To Solid Fourth Quarter; Raytheon Results Strong
RTX [RTX] on Tuesday reported solid fourth quarter financial results driven by double-digit top and bottom-line gains in its aircraft engine business while the company’s Raytheon segment also delivered nicely, […]
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CyberSenate Confirms Noem As Homeland Security Secretary
The Senate last Saturday voted 59 to 34 to confirm Kristi Noem as the new secretary of homeland security. The favorable vote included seven Democrats, John Fetterman (Pa.), Maggie Hassan […]
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Business/FinancialHII Completes Asset Purchase Of Submarine Metal Fabricator
HII [HII] on Monday said it has closed its acquisition of the assets of W International, bringing in-house a supplier of submarine structures, modules, and assemblies that struggled to meet […]
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Business/FinancialGeneral Atomics Aeronautical Systems Gets Behind Musk’s DOGE
Emphasizing its role as a challenger to the status quo, unmanned aircraft systems (UAS) developer and manufacturer General Atomics Aeronautical Systems (GASI) is offering its support to President Trump’s government […]
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SpaceSDA Outlines Tranche 3 Transport Layer In Draft Solicitation
The Space Development Agency (SDA) last Thursday issued a draft solicitation for the third tranche of its transport layer of low-Earth orbit (LEO) satellites, which will require 40 spacecraft split […]
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Business/FinancialBoeing Warns Of Another Loss To End 2024, Including More Defense Charges
Boeing [BA] on Thursday reported preliminary results for its fourth quarter of 2024 with an expected net loss of $5.46 per share and negative cash flow of $3.5 billion due […]
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Homeland SecurityLeidos Nabs Potential $2.6 Billion TSA Support Contract
Leidos [LDOS] on Thursday said it has won a potential $2.6 billion contract to continue sustaining checkpoint security equipment for the Transportation Security Administration (TSA). Leidos has been performing under […]
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