Defense Daily
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Business/Financial
Leonardo DRS Opens 2025 With Strong Results
Leonardo DRS [DRS] on Thursday posted strong first quarter results with earnings and sales higher across its operating segments. Net income increased 72 percent to $50 million, 19 cents earnings […]
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Business/Financial
HII’s Earnings, Sales Dip In First Quarter; Cites CVN-30 Supply Chain Hiccup
HII [HII] on Thursday posted first quarter declines in its top and bottom-lines driven by lower sales across the company’s operating segments, and higher interest expense and taxes. Net income […]
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Navy/USMC
Navy Awards Billions GD And HII Billions To Finish Last Two Block V Virginia-Class SSNs and Shipyard Support
The Navy on Wednesday awarded Virginia-class attack submarine (SSN) builders General Dynamics‘ Electric Boat [GD] and HII Newport News Shipbuilding (NNS) [HII] at least $14 billion to build two SSNs […]
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Air Force
Beale AFB to Be Deployment Center for CCA, As USAF Begins Ground Tests
Beale AFB, Calif.–the home of the U-2 surveillance plane–is to house the Aircraft Readiness Unit (ARU) for U.S. Air Force Collaborative Combat Aircraft (CCA) to allow them to deploy quickly, […]
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Business/Financial
AeroVironment Completes BlueHalo Acquisition; Creates Two Operating Segments
AeroVironment [AVAV] on Thursday said it completed its $4.1 billion acquisition of BlueHalo, significantly diversifying and expanding its defense business with the addition of space, electronic warfare and cyber technologies […]
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Thursday, May 1, 2025
- Marines To Outfit First Platoon With New MRIC Cruise Missile Defeat System By End Of FY ‘25
- Marine Corps Outlines LSM Future: First Within Five Years, Sharing Second Test Ship With Australia, Hybrid Crewing T-EPFs
- True Anomaly Raises $260 Million To Support Growth
- Airbus, Shield AI Partner On Unmanned Lakota For Marines’ Aerial Logistics Connector
- House Transportation Panel Approves $22 Billion In New Coast Guard Funds
- Fourth Plane for USAF SAOC Program Arrives at SNC’s Dayton Site
- Operational Assessment Testing of IVEWS on F-16 Completed, Northrop Grumman Says
- VTG Acquires Cyber And Signals Intelligence Firm Triaplex
- State Approves Software Deal To India, Patriot Upgrades to Kuwait
- Govini Tapped For Navy Nuclear Submarine Industrial Base Software
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Thursday, May 1, 2025
- Marines To Outfit First Platoon With New MRIC Cruise Missile Defeat System By End Of FY ‘25
- Airbus, Shield AI Partner On Unmanned Lakota For Marines’ Aerial Logistics Connector
- Marine Corps Outlines LSM Future: First Within Five Years, Sharing Second Test Ship With Australia, Hybrid Crewing T-EPFs
- House Transportation Panel Approves $22 Billion In New Coast Guard Funds
- Operational Assessment Testing of IVEWS on F-16 Completed, Northrop Grumman Says
- Fourth Plane for USAF SAOC Program Arrives at SNC’s Dayton Site
- VTG Acquires Cyber And Signals Intelligence Firm Triaplex
- True Anomaly Raises $260 Million To Support Growth
- Govini Tapped For Navy Nuclear Submarine Industrial Base Software
- State Approves Software Deal To India, Patriot Upgrades to Kuwait
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Navy/USMC
Marine Corps Outlines LSM Future: First Within Five Years, Sharing Second Test Ship With Australia, Hybrid Crewing T-EPFs
Navy and Marine Corps officials on Wednesday outlined the next steps in the Landing Ship Medium (LSM) program and bridging solutions until it is ready as they redirect away from […]
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Budget
House Transportation Panel Approves $22 Billion In New Coast Guard Funds
The House Transportation and Infrastructure Committee on Wednesday approved its portion of a Republican reconciliation bill that includes more than $22 billion in funding for the Coast Guard, most of […]
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Navy/USMC
Govini Tapped For Navy Nuclear Submarine Industrial Base Software
Software company Govini on Wednesday said it has been tapped by the Navy to help identify issues across parts of the nuclear submarine industrial base. The company said this means […]
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