Industry

Army seeks data as it fields Next Generation Squad Weapons

The data platform “will enable units to regularly assess weapons’ health, reduce failure rates, extend the lifetime of a weapon and optimize maintenance plans,” the company stated in a release.

Spanish Army buys Milrem ground robot for testing

The evaluation comes as some European armies are in the market to equip their soldiers with robots for anything from cargo carrying to surveillance and attack missions.

Battelle to manage $10 billion health care contract for Defense Department

The Omnibus IV contract addresses four market segments that companies could be selected to provide services to the DoD: research and development; R&D support services; regulatory processes; and translational science and support services.

QinetiQ’s American unit agrees to buy software specialist Avantus

“This acquisition is an important step in the execution of QinetiQ’s five-year ambitions to expand our presence in the US,” according to the company’s CEO.

Booz Allen says acquisition aimed at Lockheed, Raytheon, ‘billions’ in contracts

"The government’s narrative is not only inaccurate — it makes no sense," reads one document filed in Maryland federal court.

US Army to collaborate with SpaceLink on tactical communications network

The cooperative research and development agreement allows the organizations to share facilities, intellectual property and expertise to “elevate solutions for both the warfighter and industry,” the company said in a statement.

Dozen Pentagon nominees stalled as Senate leaves for August recess

The Senate adjourned for the month-long August recess without confirming any of the 12 Defense Department nominees that have become log-jammed in the Senate amid Republican holds.

Defying fiscal disruption: Defense revenues on Top 100 continue to climb, despite supply chain turmoil

Businesses faced a thorny mess in 2021 amid supply chain snarls, labor shortages and government budget uncertainty. Even so, there are signs of the global defense industry’s continued resilience.

The list is here: Find out how global defense companies performed in FY21

We reveal who’s up and who’s down for 2022, based on fiscal 2021 defense revenue.

Turkey’s defense industry eyes export expansion as government navigates geopolitical stage

Joint efforts with Ukraine; emerging markets in Africa; exports reaching all-time highs. The Turkish defense industry has been incredibly busy, but it's not all good news for the marketplace.

India’s private defense firms seek level playing field as MoD preps new arms embargo

India has banned hundreds of defense technologies from import, but is the domestic industry seeing the benefits of government action?

Commentary

China’s military modernization spurs growth for state-owned enterprises

What's the state of China's defense-industrial base, and which specific sectors are seeing increasing business?

Commentary

Why most of the Top 100 saw defense revenue grow

Barring another major merger or acquisition deal among the other top 10 contractors, or even a breakup of Lockheed Martin, it’s difficult to see how organic sales growth alone could knock the company from it’s top position anytime soon.

Commentary

Even in a challenging period, publicly traded defense stocks thrive

Last year began with optimism following a weak 2020 marked by the pandemic and the uncertainties of a presidential election year. Then everything changed with the Russian invasion of Ukraine.

Here’s what we know about F-35 ejection seat woes so far

Military officials won’t answer whether they’ve found the problem on any planes.

Amid hiring boom, defense firms say labor shortage is dragging them down

Labor shortfalls rooted in the lingering effects of the COVID-19 pandemic remain a millstone around the neck of the defense industry, forcing firms to juggle staff, hold job fairs and find workarounds to keep operations running as smoothly as possible.

Machinist union votes to approve new Boeing contract, averting strike

The union had objected to proposed changes to employees' 401(k) benefits, and in late July voted to reject the contract offer and strike.

State Department clears weapons sales to Saudi Arabia, UAE

Saudi Arabia and the United Arab Emirates have been given the green light by the State Department to purchase billions worth of missiles and equipment.

Pentagon’s secret communications network to get upgrade from Booz Allen

“DISA has made clear that we will not forget that the ‘fight’ is fought on SIPRNet,” said Christopher Barnhurst, the agency’s deputy director.

Meet Britain’s new ship that will test autonomous and lethal technologies

The 270-ton vessel will be used by NavyX, the British Royal Navy's experimental technology unit.

Biden pick for Pentagon acquisitions role vows to cut weapons system costs

Radha Plumb, President Joe Biden’s nominee to be the Pentagon’s No. 2 acquisitions and sustainment official, pledged to find ways to bring down the costs of sustaining the systems it buys.

Thales makes deal meant to bolster foothold in US defense market

Thales Defense and Security has acquired full ownership of Advanced Acoustic Concepts in an effort to improve its position in the U.S. defense market.

Supply chain, inflation woes drag down Boeing’s defense profit

Boeing executives called the defense sector's results "disappointing," and the company warned in filings more losses on key programs could be coming.

TAI inks helicopter, trainer aircraft deals with African nations

Turkish Aerospace Industries has announced new deals to export its helicopter gunships and trainer aircraft to two African countries.

Hindustan Aeronautics awards $100M engine contract to Honeywell

HAL is exploring export opportunities for the HTT-40 basic trainer with Malaysia, Indonesia, the Philippines, Vietnam and the United Arab Emirates.