Textron Taps Bell Chief Atherton As New President And CEO
Textron [TXT] on Wednesday said it has appointed Lisa Atherton, currently the head of its Bell segment, as the company’s new president and CEO effective Jan. 4, 2026. Atherton, 51, […]
Business/Financial
Engineering Analysis Underway For Upgraded F-35, F-22 Based On NGAD Development
Lockheed Martin [LMT] has begun the “engineering analysis” around adding sixth-generation features to the company’s fifth-generation fighters based on development work it did on the losing bid for the Air […]
Northrop Grumman Reports Strong Third Quarter; Another B-21 Award Expected Soon
Fueled by its Defense Systems and Mission Systems segments, Northrop Grumman [NOC] on Tuesday reported strong third quarter results amid mixed results in its other businesses. Net income rose 7 […]
RTX Posts Strong Third Quarter On Commercial, Defense Work
Commercial and defense business drove strong third quarter results at RTX [RTX], which raised its earnings outlook after lowering it in July due to tariff concerns. Tariff headwinds remain but […]
Anduril Acquires Infrared Camera Designer American Infrared Solutions
Anduril Industries on Monday said it has acquired American Infrared Solutions (AIRS), a developer and manufacturer of cooled infrared cameras in a deal that adds to its imaging product portfolio. […]
Army Wants SkyFoundry To Manufacture 10,000 Drones Monthly Within A Year
The Army’s new program to manufacture its own cheap drones that would be used to help train soldiers in drone warfare is aimed at having the capacity to build 10,000 […]
As Army Explores New Requirements For Mobile Air Defense, Leonardo DRS Flexes
Leonardo DRS [DRS] this week showcased its integration prowess around mobile short-range air defense capabilities amid shifting Army requirements to best protect its maneuver forces against threats from small drones […]
Army Materiel Command Drawing On Private Sector To Transform Organic Industrial Base
The Army will host site visits at its depots and is planning pilot programs with industry, as the service seeks to leverage private sector expertise to modernize the organic industrial […]
GD And Lockheed Martin Break Ground On New SRM Facility With Production Set For 2028
General Dynamics [GD] and Lockheed Martin [LMT] last April broke ground on a new facility that will build thousands of tactical solid rocket motors (SRMs) beginning in 2028 to meet […]
Army To Manufacture Own Small, Cheap Drones To Meet Expanding Needs
The Army wants to use its depots to build parts for small, cheap, attritable unmanned aircraft systems to help fill a void in national production capacity, a service official said […]