Silver lining for GD? A Morgan Stanley analysis produced last week said General Dynamics should be able to weather possible cuts in defense spending. The Morgan Stanley review came after General Dynamics held an investor conference on Thursday. It concluded the company's management "built a credible case why its defense portfolio can remain resilient." The case centered around execution, cost, control, international and proactive strategy. "This coupled with the high growth Gulfstream makes GD attractively positioned ahead of potential budget cuts," the analysis says.
Congress Updates
Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far
Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]
Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps
The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]
Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters
Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]
HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase
NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]