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Top Defense Daily News

Lockheed profit dives 80% on $1.6 billion charge, shares tumble
Lockheed Martin · United States

Lockheed profit dives 80% on $1.6 billion charge, shares tumble

53% Center coverage: 15 sources
Lockheed Martin reported on Tuesday that its second-quarter profit plunged by about 80%, after the U.S. defense group recorded a pretax loss of $1.6 billion, mainly linked to a classified program within its Aeronautics segment, sending its shares down more than 8%.See the Story
Hanwha Orders a Jones Act LNG Carrier From Hanwha Philly
White House · Philadelphia

Hanwha Orders a Jones Act LNG Carrier From Hanwha Philly

60% Right coverage: 5 sources
A Hanwha Group subsidiary has purchased a Jones Act LNG carrier from the conglomerate's American shipyard, the recently-acquired Hanwha Philly, ac...See the Story
BAE Systems to Support Airborne Electronic Attack Capabilities for Italy
Military · Italy

BAE Systems to Support Airborne Electronic Attack Capabilities for Italy

75% Center coverage: 4 sources
/PRNewswire/ -- BAE Systems (LON: BA) has received a $12 million contract from L3Harris to support the modification of two Gulfstream G550 aircraft into...See the Story

U.S. Approves $620 Million Naval Strike Deal with Bulgaria

67% Right coverage: 3 sources
U.S. Approves $620 Million Naval Strike Deal with Bulgaria The U.S. State Department has given the green light for a potential $620 million deal to sell a Naval Strike Missile Coastal Defense System to Bulgaria, according to a Pentagon announcement on Monday.The sale, which includes related equipment, underscores efforts to enhance Bulgaria's coastal defense capabilities amid regional security concerns.Kongsberg Defence and Aerospace AS, a key p…U.S. Navy · BulgariaSee the Story

With USAF Approval, Northrop Resumes Work on New ICBM Silos

Coverage: 2 sources
Company is also ground-testing Golden Dome interceptors and looking to speed B-21 production.Northrop Grumman · United StatesSee the Story

Editor's Note: - Defense Daily

The Defense Daily website will be down temporarily mid-day EST on July 23 to enable a significant upgrade. These improvements are targeted on improving the reader experience, better packaging of […]Read Article

Pentagon Announces New Naval Nominations - Defense Daily

The Defense Department on July 18 announced several new nominations for the Department of the Navy, including Naval Air Systems Command, the I Marine Expeditionary Force, and Navy Personnel Command.  […]Arlington, Virginia · ArlingtonRead Article

Sherrill leading bi-partisan effort to keep federal funding for Picatinny Arsenal

100% Center coverage: 2 sources
Rep. Mikie Sherrill, D-11, is leading a bi-partisan effort to save Picatinny Arsenal's loss of nearly $1 billion and 1,000 jobs.Pete Hegseth · New JerseySee the Story

HASC Wants USAF to Lay Out Plan for Full-Scale Production of CCA Increment 1 - Defense Daily

The House Armed Services Committee (HASC) wants the U.S. Air Force to lay out its plan for full- scale production of Collaborative Combat Aircraft (CCA) Increment 1. “The committee expects […]United States · United StatesRead Article

RTX Posts Strong Second Quarter But Lowers Earnings Outlook On Tariff Headwinds - Defense Daily

RTX [RTX] on Tuesday reported strong top and bottom-line gains in its second quarter led by its defense and Collins Aerospace segments but the company lowered its earnings guidance for […]See the Story

Could modular manufacturing solve US weapons stockpile woes?

100% Center coverage: 1 sources
Exquisite U.S. weapons are too difficult to build at scale, report finds.Military · United StatesSee the Story

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