Tag: #defense

Articles related to defense

industry

Pentagon, Lockheed Agree on 10-Year F-35 Production and Sustainment Framework

Pentagon and Lockheed Martin outline a 10-year F-35 production and sustainment plan committing to at least 850 U.S. jets; purchases still need congressional approval.

$LMT, #f35, #lockheed, #defense

industry

Lockheed Martin to invest $300 million to expand missile production at Grand Prairie plant

Lockheed Martin will invest $300 million to expand missile production at Grand Prairie, Texas, adding a Hadrian automated machining cell under a seven‑year deal.

$LMT, #lockheed, #hadrian, #defense, #munitions, #texas

politics

Pentagon Frames Project Agincourt as Pathway to Proposed Autonomous Warfare Command by 2027

Hegseth told AUSA Project Agincourt aims to create a four‑star Autonomous Warfare Command by Oct. 1, 2027, centralizing unmanned systems if Congress approves.

#defense, #military, #autonomoussystems, #projectagincourt

technology

GAO: Pentagon’s Responsible AI Effort Hobbled by Inactive Council and Staffing Shortfalls

GAO finds the Pentagon's Responsible AI effort hindered by a months-long council hiatus and major staffing gaps as DOD scales AI use.

#defense, #ai, #pentagon, #gao

industry

General Dynamics elects Danny Deep as CEO effective Jan. 1, 2027; Novakovic to become executive chairman

General Dynamics' board elected President Danny Deep to become CEO on Jan. 1, 2027; longtime chief Phebe Novakovic will move to executive chairman.

$GD, #generaldynamics, #leadership, #defense, #succession

technology

GAO: Pentagon GPS Modernization Still Behind Schedule, OCX Cancellation Raises Risk

GAO warns Pentagon GPS modernization remains delayed and April’s OCX cancellation raises risk to next-generation satellites, M-code fielding and ground control.

#gps, #defense, #space

industry

RTX Announces Up to $24.4 Billion Navy Contract for SM-6 Interceptors; Pentagon Notice Not Yet Posted

RTX said a five-year, up to $24.4bn deal will supply SM-6 missiles to the U.S. Navy, but a matching Pentagon contract notice had not yet appeared.

$RTX, #defense, #navy, #missiles, #rtx

world

EU and Ukraine Confirm Funding Structure to Cover Kyiv’s 2026 Budget and Defense Needs

EU and Ukraine say the Ukraine Support Loan will cover Kyiv’s 2026 budget and defence-production needs, using an existing two-year EU borrowing framework.

#ukraine, #europeanunion, #ukrainesupportloan, #defense

industry

RTX says Raytheon unit won up to $20.7 billion AMRAAM multiyear contract

RTX said a Raytheon unit secured a five-year multiyear deal worth up to $20.7B to expand AIM-120 AMRAAM production amid a Pentagon munitions push.

$RTX, #rtx, #defense, #amraam, #missiles

world

U.S., Denmark and Greenland Sign Arctic Security Pact Expanding U.S. Military Access in Greenland

Trilateral U.S.-Denmark-Greenland pact signed at the U.N. expands U.S. military access in Greenland, bars non‑NATO bases and reaffirms Danish sovereignty.

#greenland, #arctic, #defense, #denmark, #unitedstates

economy

CBO: U.S. Combat Operations Against Iran Cost About $38.1 Billion Through Aug. 1

CBO estimates U.S. combat operations against Iran cost about $38.1B through Aug. 1, driven by munitions and flight hours; monthly costs may rise $2–3B.

#defense, #cbo, #iran, #budget, #pentagon

industry

U.S. Navy Awards Boeing $562 Million First Production Contract for MQ-25A Stingray

The Navy awarded Boeing a $562M contract for three MQ-25A unmanned tankers, beginning low-rate production with initial deliveries expected in 2029.

$BA, #boeing, #mq25, #navy, #defense

industry

Pratt & Whitney Grants Hermeus License to Produce F100 Fighter Engine

Pratt & Whitney licensed its F100‑PW‑229 to Hermeus, allowing Hermeus to build the engine under P&W standards to boost U.S. capacity and speed Quarterhorse.

$RTX, #defense, #aerospace, #manufacturing, #hermeus, #rtx

politics

GAO: NNSA Labs Performed Nearly $15 Billion in Reimbursable Work From 2019–24

GAO found NNSA sites performed almost $15B in Strategic Partnership Projects from fiscal 2019–2024, with Sandia and DOD leading and capacity risks noted.

#nnsa, #gao, #defense, #sandia

industry

Archer to Acquire Wisk, Insitu and SkyGrid from Boeing; Boeing to Take Stake

Archer will buy Boeing’s Wisk, Insitu and SkyGrid to add autonomy, defense drones and airspace software while Boeing takes an equity stake.

$ACHR, $BA, #archer, #boeing, #aviation, #defense