As defense primes try to mollify Trump, dividends seem likely to continue
Companies vowed to increase capital expenditures in 2026, with some also signaling plans to stop stock buybacks this year.
Companies vowed to increase capital expenditures in 2026, with some also signaling plans to stop stock buybacks this year.
RTX and Northrop are the first major defense companies to declare fourth-quarter 2025 earnings this week, and their approach on dividends could signal how industry at large is interpreting the Jan. 7 executive order.
In the wake of Trump's executive order limiting Pentagon contractors' spending, take a look at eight companies' dividends, stock buybacks and more.
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.
Northrop Grumman will serve as the prime contractor and integrate mission systems on Kratos’s XQ-58 Valkyrie for the Marine Corps’s MUX TACAIR Collaborative Combat Aircraft program.
Sometime in 2026, the Air Force will make a decision about what designs to produce for the first round of its drone wingmen program. The service is also expected to home in on what it wants next.
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 new date marks some progress for the beleaguered Air Force One program, whose challenges have cost Boeing billions of dollars.
The move would once again make it the Air Force’s responsibility to maintain airborne command posts capable of launching nuclear ICBMs.
"The idea was to see if we could build an aircraft that had all the same capability of our original offering [for the Air Force's CCA program], and do it faster,” said Tom Jones, Northrop's head of aeronautic systems.
“We have the capacity to….increase our production by two, three or even four times what we do today," said Kenn Todorov, vice president and general manager of C2 and weapons integration at Northrop Grumman.
The defense contractor is also making a play to dislodge Northrop Grumman as the supplier for US Air Force F-16 EW kits.
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."