Business

HII CEO touts productivity gains—but says new contracts are needed to sustain progress

Shipyard exec says deals to build attack and ballistic-missile subs must be inked by mid-year.

Three firms move ahead in Army’s future-of-flight-training helicopter training takeover

Despite Congressional concerns, the Army is sprinting to Phase III of its “Flight School Next” initiative.

Munitions makers say they've been persuaded to invest more in production capacity

The administration's last-minute request for a funding bump garnered just $2B, but company execs seem to appreciate the effort.

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.

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.