Lockheed Martin [LMT] on Monday announced it delivered the first full Aegis Systems Equipped Vessel (ASEV) shipset of radar panels to Japanese government control, with further testing this year before […] ...

Italy’s shipbuilder Fincantieri appointed George Moutafis as the next CEO of U.S. subsidiary Fincantieri Marine Group (FMG), effective July 1. Moutafis succeeds Marco Galbiati, who had served as CEO since […] ...

The Missile Defense Agency (MDA) awarded Lockheed Martin [LMT] another 10-year contract to maintain and upgrade the Aegis Ballistic Missile Defense (BMD) system in a contract worth up to $2.97 […] ...

U.S. Navy shipbuilder HII [HII] and enterprise AI application software company C3.ai, Inc. [AI] announced the expansion of their partnership aimed at accelerating shipbuilding throughput. In a Monday announcement, the […] ...

The Defense Department’s fiscal year 2026 budget request has limited spending on the Navy’s next-generation fighter program, F/A-XX, to the minimal needed to finish the design while allocating no funds […] ...

The Columbia-class nuclear ballistic missile submarine (SSBN) is now projected to be ready by early 2029, Navy officials told lawmakers this week. The Navy says its highest priority program is […] ...