Top US defense primes record minimal tariff impact in Q1 earnings
The six largest US defense firms all reported quarterly results this week, and the potential impact of tariffs was front and center.
Supply chain issues slowing down General Dynamics sub construction, CEO says
As post-COVID-19 supply chain issues persist, General Dynamics Electric Boat has "outpaced" some key suppliers, forcing out-of-sequence work that's driving up costs and delaying construction.
The state of play in military space
The military space sector is evolving fast. Get the latest from Space Force and industry officials on what’s next for acquisition, policy and training in a new Breaking Defense eBook.
Bath Iron Works Recruits Non-Union Workers As Yard Strike Continues
With contractors on the way, the union and the company remain at an impasse even as seven Navy destroyers languish pierside.
Top DoD Buyer Shifts Programs To The Services
AUSA: Ellen Lord, the former Textron executive now heading the Pentagon’s acquisition shop, revealed today in her first public appearance since her confirmation that she is making fundamental changes in how the Office of Secretary of Defense starts and manages military weapons programs. This comes on top of internal Army reforms announced here by the […]
Debt Limits, General Dynamics, & Beyond: Defense Industry Braces For Sequester
WASHINGTON: While the House has voted to extend the debt limit to May, the automatic federal spending cuts called sequestration still loom $90 billion large, half that bill for the Pentagon alone. Yet, as fourth quarter earnings calls begin, the defense industry and its stock values remain remarkably resilient. What gives? Or rather, what isn’t […]