Fewer Portfolio Adjustments Ahead For L3Harris As Mehta Focuses On ‘Business We Have’
L3Harris Technologies [LHX] is deemphasizing acquisitions and divestitures in favor of growing and improving its current business portfolio, Sam Mehta, the company’s new president and CEO, told investors on Thursday. […]
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Congress Updates
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]
Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]
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Army
Lockheed Conducts Successful Test Redirecting GMLRS In-Flight With Datalink Package
Lockheed Martin [LMT] said on Wednesday it recently conducted a test demonstrating the ability to redirect a Guided Multiple Launch Rocket System (GMLRS) while in flight, which then successfully took […]
Navy/USMC
CNO Argues For Better Industry Contracting Relations, Promotes Finland Model
The Chief of Naval Operations (CNO) this week said the Navy needs to be a better partner with industry and provide better contracting horizons, but without lowering accountability. Speaking at […]
Air Force
USAF Eyes Early February for Contract Award for F-47 Nellis Site
The U.S. Air Force is eyeing Feb. 5 next year to award an other transactions agreement contract for a testing site at Nellis AFB, Nev., for the Boeing [BA] F-47 […]
Business/Financial
Firehawk Raises $150 Million-Plus To Build Out Rocket Motor And Missile Integration Plants
Firehawk Defense on Wednesday said it raised over $150 million in a new funding round that will be used to keep building out its propellant and tactical rocket motor manufacturing […]
Space
AFRL Rocket Cargo Concept Tested on SpaceX Starfall Capsule
A SpaceX [SPCX] Starfall capsule for Air Force Research Laboratory (AFRL) testing of Rocket Cargo space to Earth delivery launched on a SpaceX Falcon 9 from Cape Canaveral Space Force […]
Commentary
South Korea’s Hypersonic Trade-Off
By Ju Hyung Kim, Defense Opinion Writer South Korea’s recent test flight of its first domestically produced hypersonic weapon represents another milestone in the country’s growing defense industrial capacity. Nonetheless, […]
The ‘Warfighting Acquisition System’ and What it Means for Weapons Development
By Paul Maguire, Defense Opinion Writer. For decades, the Department of Defense has operated on a model that assumes time is an ally. The reality of 2026 and the array […]
Iran Conflict Reaffirms Need for More Aircraft Carriers
By Steven Willis, Defense Opinion Writer The most important naval lesson emerging from the ongoing conflict with Iran is the continuing value of aircraft carriers and their embarked air wings […]
The Pentagon’s AI Acceleration Challenge
By Zhenia Klevitsky, Defense Opinion Writer The Department of Defense’s race to operationalize artificial intelligence (AI) has entered a new phase. The fiscal 2026 National Defense Authorization Act (NDAA) allocated significant […]
Quiz
Who Said It or Did It? — WWII Edition
Think you know your World War II history? Put your knowledge to the ultimate test and find out if you can identify history’s most iconic quotes and battlefield decisions in […]
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