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Business/FinancialL3Harris Closes $800 Million Sale Of Commercial Aviation Solutions Business
L3Harris Technologies [LHX] on Monday said it has completed the sale of its Commercial Aviation Solutions (CAS) business to the investment firm TJC L.P. for $800 million, shedding a non-core […]
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ArmyArmy Awards Nearly $5 Billion PrSM Inc. 1 Production Contract To Lockheed Martin
The Army on March 28 awarded Lockheed Martin [LMT] a nearly $5 billion production contract for Precision Strike Missiles Inc. 1. Work on the new deal is expected to be […]
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InternationalHegseth Announces Marine Corps NMESIS Anti-Ship Deployment To Philippines
Secretary of Defense Pete Hegseth on Friday announced the U.S. and Philippines agreed to several defense cooperation measures, including deploying a new Marine Corps anti-ship missile system. “The United States […]
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Business/FinancialAllen Control Systems Nets $30 Million To Speed Deployment Or Robotic Gun Platform
Allen Control Systems (ACS) last week said it raised $30 million in a Series A round to accelerate its engineering growth and deployment of its Bullfrog counter-drone robotic gun system. […]
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Navy/USMCKaine Eyes SASC Tightening Minimum Amphib Levels
The ranking member of a Senate panel this week said he may push to modify the Navy’s minimum amphibious warship readiness requirements in the upcoming fiscal year 2026 defense policy […]
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Navy/USMCTrump Metal Tariffs Could Increase Shipbuilding Costs, Navy Official Admits
On Tuesday the Navy’s top acquisition official said the steel and aluminum tariffs President Trump is putting in place could increase shipbuilding costs as significant percentages came from Canada in […]
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Business/FinancialLockheed Martin To Integrate Google Cloud AI Technology Into Toolkit
Lockheed Martin [LMT] and Google’s [GOOG] Public Sector business said they plan to collaborate on integrating advanced generative artificial intelligence capabilities into a larger AI workspace the aerospace and defense […]
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InternationalPortuguese Air Force Analyzing Options for F-16 Replacement
LISBON, Portugal–While the Portuguese defense minister recently downplayed the Lockheed Martin [LMT] F-35 fighter as a candidate to replace the country’s 28 F-16s, the F-35 may still be in the […]
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UncategorizedWhite House Picks Heritage Naval Analyst To Lead MARAD
The White House nominated Brent Sadler, a naval analyst at the Heritage Foundation, to be the administrator for the Transportation Department’s Maritime Administration (MARAD) on March 24, according to Senate […]
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Homeland SecurityCoast Guard Awards $952 Million Contract Mod To Bollinger To Complete First Polar Icebreaker
The Coast Guard on Tuesday awarded Bollinger Shipyards a $951.6 million contract modification to complete the detail design and construction of the first Polar Security Cutter (PSC), with work expected […]
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