America needs next-gen solutions to counter modern air and missile threats
Defending a country the size of the US from threats requires advanced sensing, communications and interception capabilities.
The Air Force told Breaking Defense the service may consider producing another missile similar to Northrop Grumman’s Stand-in Attack Weapon “if industry has solid options for delivering munitions faster and cheaper.”
It's unclear whether President Donald Trump's meeting with defense executives at the White House pushes munitions production beyond previously-announced agreements.
Northrop Grumman was previously selected to build a new anti-radiation Stand in Attack Weapon, but a market survey released by the Air Force March 4 is probing for other vendors that could supply an “equivalent missile system.”
Former Peraton CFO Kenneth Sharp will become the L3Harris's top finance executive later this month.
“There's just a lot of strategic synergy in those parts of our portfolio that we want to maintain ownership structure of,” said Northrop CEO Kathy Warden.
Companies vowed to increase capital expenditures in 2026, with some also signaling plans to stop stock buybacks this year.
In the wake of Trump's executive order limiting Pentagon contractors' spending, take a look at eight companies' dividends, stock buybacks and more.
The controversial aircraft donated by the Qatari government is set to transport the Commander-in-Chief after less than a year of modification work, according to the Air Force.
L3Harris announced plans to conduct an initial public offering of its Missile Solutions business in the second half of 2026.
To increase munitions stockpiles, the US military needs more solid rocket motors. Deep into the supply chain, there are still problems, executives told Breaking Defense.
AE Industrial will take a 60 percent stake in the new business focused on civil and commercial space; L3Harris will maintain about a 40 percent share.
Lockheed Martin, Rocket Lab USA, Northrop Grumman, and L3Harris Technologies each won awards to "deliver and operate 18 space vehicles" for the Space Development Agency's Tranche 3 Tracking Layer.
The defense contractor is also making a play to dislodge Northrop Grumman as the supplier for US Air Force F-16 EW kits.