Northrop not seeking direct DoD investment for solid rocket motors, but suppliers might: CEO
“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.
“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.
“We already know the F-22 will play a critical role in crewed-uncrewed teaming operations, and General Atomics is in a unique position to get this started now,” company spokesman C. Mark Brinkley told Breaking Defense.
Share your insight in a 10-minute survey—$10 donated to Homes For Our Troops for every response.
NATO Secretary General Mark Rutte told reporters today at the alliance's AWACS main operating base in Geilenkirchen, Germany, that an E-3A Sentry replacement process is "ongoing."
Joby plans to manufacture the hybrid electric vertical takeoff aircraft while L3Harris will provide its mission systems to pitch to military customers.
"The DoW [Department of War] wants to go fast,” said L3Harris CEO Chris Kubasik. “Then Congress can't fund the DoW. So we're kind of stuck between those two situations.”
Lockheed Martin will serve as the primary contractor for the modernization effort, valued at approximately $3.8 billion, and will partner with local supplier Military Aviation Works No. 2 in Bydgoszcz to perform the upgrade work in-country.