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The Department of Defense’s priorities for the next five years call for protected and prioritized investments in weapon technology and new capabilities.
General Dynamics (GD) is developing the Virginia Payload Module for the fifth block of Virginia-class submarines, with significant upgrades in size and performance.
French Armed Forces Minister Florence Parly said on Monday that Europe was concerned about the United States' long-term commitment to NATO and implicitly criticized President Donald Trump's approach towards the military alliance. Trump, as the alliance's de facto leader, has made defense spending a priority after years of defense cuts following the 1945-90 Cold War. "What Europeans are worried about is this: will the U.S. commitment be perennial?," Parly said during an event in Washington.
National Presto Industries, Inc. (NYSE:NPK) shareholders have seen the share price descend 17% over the month. But at least the stock is up over the last five years. Unfortunately itsRead More...
NATO is to receive the first of five Northrop Grumman high-altitude drones in the third quarter after years of delays, giving the alliance its own spy drones for the first time, the German government told lawmakers. Thomas Silberhorn, state secretary in the German Defence Ministry, said the NATO Alliance Ground Surveillance (AGS) drone would be delivered to an air base in Sigonella, Italy, followed by four additional systems, including drones and ground stations built by Airbus, later in the year. NATO plans to use the aircraft, a derivative of Northrop's Global Hawk drone, to carry out missions ranging from protection of ground troops to border control and counter-terrorism.
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Ford's (F) aim to offer customer-focused products is likely to drive growth. However, frequent vehicle recalls due to safety issues is a concern.
Toyota (TM) announces additional $749-million investment at five plants in Kentucky, Alabama, Missouri, Tennessee and West Virginia to boost manufacturing footprint.
When we invest, we're generally looking for stocks that outperform the market average. And the truth is, you can make significant gains if you buy good quality businesses at theRead More...
Huntington Ingalls (HII) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Raytheon Company (RTN) receives a contract to develop the AMDR system, which will offer more protection against air, surface and ballistic missile threats.
Lockheed Martin's (LMT) PAC-3 team achieved several notable milestones throughout 2018, and similar trends are expected this year as well.
Flir Systems (FLIR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Science Applications (SAIC) receives a $57 million contract to offer engineering and R&D services that will power operations at the Polymers and Undersea Sensors Branch of the NSWC Crane.
Leidos (LDOS) gets a multiple award, hybrid contract from the U.S. Navy, which has a five-year base period of performance with five optional years, and a total potential value of $12.6 billion.
Turkey's pending purchase of the Russian S-400 missile defense system presents a national security problem for NATO, which would not be able to deploy F-35 aircraft alongside the Russian systems, senior U.S. officials said on Thursday. The officials, who briefed a group of reporters on condition of anonymity, said Turkey's purchase of the S-400 system was not tantamount to it withdrawing from NATO, but that Ankara's purchase should be viewed as a national security issue, not a merely commercial decision. "We are continuing to work on a range of options to ensure that Turkey’s participation in the NATO alliance and bilateral relationship can continue unabated and unimpinged," one of the officials said.
The Department of Defense recently released its fiscal-year 2020 budget, and higher military spending should help the sector climb.
America's top two defense officials slammed Google's work with China on Thursday saying it has "indirectly benefited" Beijing's military.
America's top two defense officials slammed Google's work with China on Thursday saying it has "indirectly benefited" Beijing's military. "We watch with great concern when industry partners work in China knowing that there is that indirect benefit," Marine Corps Gen. Joseph Dunford, chairman of the Joint Chiefs of Staff, told members of the Senate Armed Services Committee hearing. The latest revelation comes as the U.S. trade battle with China marches on, with intellectual property theft proving to be a major sticking point between the world's two largest economies.