Business
Northrop CEO: deal to accelerate B-21 production could arrive in months
Last year’s government shutdown delayed negotiations between the company and service. Another is looming.
Boeing takes $565m hit on KC-46 tanker
Despite the “bad contract,” the company remains optimistic about negotiating future deals.
Navy shipbuilding stands to get $27 billion in funding in 2026
Compromise spending bill reflects a $6.5 billion increase over the president’s budget request for shipbuilding—and corrects One Big Beautiful Bill accounting miscalculations.
Got an idea for reforming defense acquisition? The Pentagon’s all ears.
“We need radically different ideas,” says assistant defense secretary.
Another 340 firms approved to bid on Golden Dome work worth up to $151B
All but a handful of the 2,400-plus companies who sought approval have received it.
Pentagon to invest $1B in L3Harris rocket-motor spinoff
The apparently unprecedented deal raises questions of fairness, effectiveness, and conflicts of interest.
USAF consolidates some acquisition program offices into mission-focused groups
But many of the new “portfolio acquisition executives” were already leading multi-mission efforts.
Trump lambastes defense CEOs over pay, stock buybacks
The president also pushed for a $1.5-trillion defense budget.
2025 in review: business
Industry raced to adapt to intensifying pressure to move faster, win work on Golden Dome and other efforts.
‘Very, very strange time’: After a big 2025, what’s next for the defense industry?
A year of rising profits, rising Pentagon demands, and continued Congressional dysfunction sets the stage for another turbulent year.
USAF adds third contender for initial robot-wingman buy; picks 9 for next phase
More than a year after Anduril and General Atomics got R&D contracts, Northrop wins entry with a self-financed CCA.
Another 1,000 defense companies chosen for $151B Golden Dome competition
The number of awards doubled as more companies are selected to compete for the SHIELD contract vehicle.
Pentagon preps to enforce ban on companies with ‘indirect’ ties to China
Defense firms will be notified of potential links to blacklisted Chinese-military companies a year before the contracting ban goes into effect, the assistant defense secretary for industrial policy said.
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Next presidential jet will arrive a bit earlier than projected, Air Force says
Boeing's first VC-25B Air Force One jet is now slated to enter service in mid-2028.
General Dynamics wants to turn competitors into teammates
From combat systems to IT, the company is looking at ways to bring the defense industry together to create new tech the military wants.
