Reporter: Business/Homeland Security
Defense Daily
Ph: 434-242-7750
Cal Biesecker
Articles By Cal
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Business/FinancialLockheed Martin Outlines $1.6 Billion In Charges, Including Skunk Works Program
A program at Lockheed Martin’s [LMT] secretive Skunk Works unit continues to bedevil the company, racking up a $950 million pre-tax loss, the largest of $1.6 billion in charges the […]
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Air ForceAny Decision To Accelerate B-21 Production Will Require Northrop Grumman To Boost Investment
If the Pentagon decides to increase production of the U.S. Air Force’s new B-21 stealth bomber it will require further investment by Northrop Grumman [NOC], which in turn expects to […]
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Business/FinancialRTX Posts Strong Second Quarter But Lowers Earnings Outlook On Tariff Headwinds
RTX [RTX] on Tuesday reported strong top and bottom-line gains in its second quarter led by its defense and Collins Aerospace segments but the company lowered its earnings guidance for […]
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Unmanned SystemsDIU, Partners Select Finalists For Low-Cost Sensing Counter-Drone Challenge
The Defense Innovation Unit (DIU), U.S. Northern Command, and the Army on Monday announced 10 companies that will demonstrate their low-cost sensing technologies for counter-drone applications at a military exercise […]
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Advanced / Transformational TechnologyBooz Allen Triples Venture Funding Commitment To $300 Million
Having expended most of the $100 million it set aside three years ago in venture capital funding, Booz Allen Hamilton [BAH] has tripled its venture commitment to $300 million for […]
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Business/FinancialRune Technologies, Software Developer For Comprehensive Logistics, Raises $24 Million
Rune Technologies, a startup developing artificial intelligence-enabled software for managing, tracking, and predicting military logistics across all echelons, has closed a $24 million funding round it will invest to scale […]
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Military Space Update, Wednesday, July 23, 2025
- L3Harris R-GPS Prototype Review Aided by NTS-3 Payload
- HASC Bill Would Make TacSRT a ‘Program of Record’
- York Space Systems To Acquire Global Ground SatCom Company ATLAS Space
- Classification Remains Barrier to DoD Space Information Sharing with Allies
- Accelerate HACM Production Ramp, HASC Advises USAF
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Military Space Update, Wednesday, July 23, 2025
- L3Harris R-GPS Prototype Review Aided by NTS-3 Payload
- HASC Bill Would Make TacSRT a ‘Program of Record’
- York Space Systems To Acquire Global Ground SatCom Company ATLAS Space
- Classification Remains Barrier to DoD Space Information Sharing with Allies
- Accelerate HACM Production Ramp, HASC Advises USAF
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Unmanned SystemsDoD, Partners Demonstrate Beyond Line-Of-Sight Drone Cargo Flights In National Airspace
A Defense Department development program to demonstrate uncrewed aerial logistics beyond visual line-of-sight (BVLOS) in the national airspace has resulted in a series of successful flights, an important milestone for […]
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Advanced / Transformational TechnologyElectronic Warfare Testing Demonstrating Warfighters Need Options For Drone Communications
A demonstration and evaluation last month in Alaska of different radio technologies for communication between drones and their operators showed that while some technology is successful, some promising, and some […]