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ATAC logo. A Textron subsidiary received a Navy contract to supply aircraft for training operations.Acquisition & Procurement
  • July 25, 2025

    Textron Business Books $554M Navy Contract to Supply Aircraft for Fleet Training

    Textron subsidiary Airborne Tactical Advantage Co. has received a potential five-year, $554.4 million contract from the U.S. Navy to provide
    General Dynamics CEO Phebe Novakovic cited the company’s efforts to work with the Navy to address supply chain issues.DOD
    • July 25, 2025

      General Dynamics Records 8.9% Growth in Q2 2025 Revenue; Phebe Novakovic on Submarine Industrial Base

      General Dynamics saw its fiscal 2025 second-quarter revenue increase 8.9 percent to $13 billion and reported $3.74 in Q2 diluted
      Airmen standing near a KC-135 engine. Rare earth elements are highly desired for their performance in extreme conditionsGeopolitical Issues
      • July 25, 2025

        Rare Earth Elements & US-China Negotiations: What GovCons Should Know

        Rare earth elements are some of the most indispensable materials in modern technology. These 17 elements from the periodic table, such
        Logo of the U.S. Navy. The military service requires support services for its Naval Training Products and Services programContract Awards
        • July 24, 2025

          HII Fleet Support Group, Six Other Companies Named Awardees in Potential $240M Navy Contract

          The U.S. Navy has named HII Fleet Support Group and six other companies that secured spots in an indefinite-delivery/indefinite-quantity, multiple
          RTX CEO Chris Calio. RTX reported $21.6 billion in sales and a nine percent growth during the second quarter of 2025.Financial Reports
          • July 24, 2025

            RTX Reports 9% Growth in Q2 2025 Revenue

            RTX reported $21.6 billion in sales during the second quarter of 2025, marking a nine percent year-over-year growth. Q2 2025
            Northrop Grumman logo. Northrop received an Air Force contract for engineering support services.Contract Awards
            • July 24, 2025

              Northrop Secures $495M Air Force Contract for Engineering Support

              A Northrop Grumman business has received a potential five-year, $495 million contract from the U.S. Air Force to provide technical
              Lockheed CEO Jim Taiclet commented on how the company will support the Golden Dome project through its existing platforms.Financial Reports
              • July 23, 2025

                Lockheed Posts $18.2B in Q2 2025 Sales; Jim Taiclet on Golden Dome

                Lockheed Martin reported $18.2 billion fiscal 2025 second-quarter sales, a total backlog of $166.5 billion and Q2 net earnings of
                Northrop Grumman logo. The US Navy awards $140.8 million modification to Northrop for E-2D Advanced Hawkeye aircraft.Contract Awards
                • July 23, 2025

                  Northrop Secures $141M Navy Contract Modification for E-2D Advanced Hawkeye Production for Japan

                  The U.S. Navy has awarded Northrop Grumman a $140.8 million modification to a contract the company secured in 2018 for
                  Steve Escaravage, president of Booz Allen’s Defense Technology Group.Contract Awards
                  • July 23, 2025

                    Booz Allen Secures $315M Air Force Battle Management System Prototyping Contract

                    Booz Allen Hamilton, in partnership with L3Harris Technologies, will deliver a prototype of the Advanced Battle Management System Distributed Battle
                    Lockheed Martin logo. Lockheed Martin landed a $999 million U.S. Air Force contract for JASSM and LRASM lifecycle support.Contract Awards
                    • July 22, 2025

                      Lockheed Martin Secures $999M Air Force Contract for JASSM & LRASM Lifecycle Support

                      Lockheed Martin has secured a $999 million contract from the U.S. Air Force to provide lifecycle support for the Joint Air
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