Defense Daily Staff
Articles By Defense Daily
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Business/FinancialJacobs Earnings Dip, Company Secures Some Approvals For Amentum Deal
Earnings fell at Jacobs [J] in the second quarter of its fiscal 2024, which the international engineering and technical services company attributed to a $95-million share repurchase program. Importantly, Jacobs […]
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Business/FinancialEarnings Up at BWXT But Tough Competition, Staff Ramp-Up On Uranium Work Slow Government Ops Growth
Earnings rose at BWX Technologies [BWXT] in the first quarter, during which the company said Monday it cranked out more naval-nuclear components but made less money on government business overall […]
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Defense Watch
Defense Watch: Terran/Lockheed Deal Kaput, New Satellite Constellation, AI Funding, Gaetz Draws GOP Challenger
No Deal. Lockheed Martin last Tuesday withdrew its proposed offer to acquire satellite designer and manufacturer Terran Orbital. Lockheed Martin on March 1 had offered to acquire Terran for $1 […]
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Business/Financial
Big Charge In First Quarter, But Parsons Reports Business Booming
Net earnings fell drastically for Parsons [PSN] after a big tax hit in its first quarter, but the federal contractor on Wednesday reported record revenue and healthy core operations. Parsons […]
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Nuclear ModernizationNuke Agency Watching Sentinel Testflight Schedule as Air Force Nunn-McCurdy Review Grinds On
The schedule for one of Sentinel’s nuclear warheads will not change until at least the end of the Air Force’s review of the budget-busting missile, the head of the National […]
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Defense Watch
Defense Watch: CFT/Autonomy, FTUAS Demand, RTX Space Pivot, Sierra Nevada Wins SAOC
FVL CFT/Autonomy. The Army’s Future Vertical Lift Cross-Functional Team is looking at potentially taking on autonomy as its official fifth line of effort, the organization’s director told reporters on April […]
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Nuclear ModernizationNuke Plant Contractor Pays $18.4 Million To Settle Allegations of Nearly Six Years of Timecard Fraud
The Department of Justice on Tuesday said Consolidated Nuclear Security paid $18.4 million to settle allegations of timecard fraud at the Pantex Plant that date back to the company’s takeover […]
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Nuclear ModernizationReplacement ICBM Fuse Closes In On Milestone That Precedes Mass Production
The Kansas City National Security Campus in March produced a proof-of-concept replacement fuse for an Air Force nuclear weapon, the Sandia National Laboratory said last week. The Missouri site cranked […]
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Nuclear ModernizationTop End of Pit-Plant Acquisition North of $35 Billion, NNSA Administrator Says
It could cost up to $37 billion to acquire the pair of plutonium pit production facilities needed to produce new nuclear weapon cores for the rest of this century, the […]
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Defense Watch
Defense Watch: FFG-62, Commercial TacSRT, Maxar Contract, New HAC Member, AUKUS Export Revision
FFG-62. The Navy and shipbuilder Fincantieri Marinette Marine conducted a keel laying ceremony for the first Constellation-class guided-missile frigate (FFG-62) on April 12. This signified the formal start of ship […]