Defense Daily Archives - Page 5 of 3973

Tuesday, July 8, 2025 • 67^th Year • Volume 307 • No. 4

Army \| by Matthew Beinart
	Army Approves Officially Transitioning PrSM Inc. 1 Into Production Phase — The Army has officially transitioned its Precision Strike Missile (PrSM) Inc. 1 program from the development to production and deployment phase, the service said on July 5. The Milestone C decision for the PrSM Inc. 1 was approved on July…

Business/Financial \| by Cal Biesecker
	Malave’s Employment With Boeing Comes With Temporary Restrictions — Incoming Boeing [BA] Chief Financial Officer Jay Malave will be working under several temporary restrictions related to the company’s defense business and work done by his former employer Lockheed Martin [LMT], Boeing said in a government filing. In addition, Boeing…

Navy/USMC \| by Matthew Beinart
	Marine Corps’ Budget Includes JLTV Procurement Pause In FY ‘26, Cites Delivery Backlog — The Marine Corps’ budget request does not include plans to procure new Joint Light Tactical Vehicles (JLTV) in fiscal year 2026 citing “contract delays caused by a backlog in vehicle deliveries.” The potential pause in procuring the AM General-built vehicles…

Air Force \| by Frank Wolfe
	Build of RTX FET To Begin In Second Quarter Of FY 2026 — The build of the Family of Advanced Beyond Line of Sight Force Element Terminals (FAB-T FET) by RTX’s [RTX] Raytheon unit is to begin in the second quarter of fiscal 2026 after a Milestone C low-rate initial production decision, according…

Advanced / Transformational Technology \| by Frank Wolfe
	Space Systems Command Gives Nod to Boeing Over Northrop Grumman for Evolved Strategic SATCOM — Space Force Space Systems Command (SSC) gave a boost to Boeing’s [BA] confidence last week, as SSC chose the company over Northrop Grumman [NOC] for a $2.8 billion contract to build the first two Evolved Strategic SATCOM (ESS) satellites. ESS…

Congress \| by Matthew Beinart
	House Sends Massive Reconciliation Bill With $150 Billion For Defense To Trump’s Desk — The House on Thursday voted 218-214 to pass the massive reconciliation bill with $150 billion for defense that the Pentagon has built into its fiscal year 2026 spending plans. After consideration of the tax and spending bill went through the…

International \| by Rich Abott
	Lockheed Martin Delivers First SPY-7 Aegis Radar Shipset To Japan — 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 they are sent across the Pacific Ocean. Each ASEV shipset…

Congress \| by Cal Biesecker
	House Panel Wants Coast Guard To Examine UAS For Its Medium Endurance Cutters — The House Transportation and Infrastructure Committee last week introduced a bill that would direct the Coast Guard to study deploying unmanned aircraft systems (UAS) it uses on its fleet of high-endurance National Security Cutters (NSCs) for operations aboard its current…

Air Force \| by Frank Wolfe
	DoD OIG to Assess Effectiveness of U.S. Space Force Oversight of GPS OCX — The Pentagon’s Office of Inspector General (OIG) is to assess the effectiveness of U.S. Space Force oversight of the Global Positioning Satellites Next-Generation Operation Control System (GPS OCX) by RTX’s [RTX] Raytheon business. “Specifically, the evaluation will address challenges related…

Business/Financial \| by Rich Abott
	Shipbuilder Fincantieri Appoints New CEO For U.S. Subsidiary — 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 July 2022 after a stint as general manager from 2018…

Business/Financial \| by Cal Biesecker
	Moog Acquires Small Company To Complement Components Business — Moog Inc. [MOG.A] on Monday said it has acquired COTSWORKS Inc., a designer and manufacturer of fiber optic components for aerospace and defense applications, for $63 million. COTSWORKS has more than 120 employees and operates from locations in Cleveland, Ohio,…

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