Northrop sees F-16 IVEWS, IBCS as ‘multibillion dollar’ international sales drivers

Northrop sees F-16 IVEWS, IBCS as ‘multibillion dollar’ international sales drivers
Northrop sees F-16 IVEWS, IBCS as ‘multibillion dollar’ international sales drivers

In addition, CEO Kathy Warden says the company sees a chance to sell up to five Triton UAVs to the NATO alliance.

GD chief says Navy’s 1 sub buy won’t impact company short term, but out years less certain

GD chief says Navy’s 1 sub buy won’t impact company short term, but out years less certain
GD chief says Navy’s 1 sub buy won’t impact company short term, but out years less certain

The comments from the General Dynamics chief come on the same day President Joe Biden signed the national security supplemental, which includes billions for the sub industrial base.

Boeing takes $222 million loss on KC-46 tanker, T-7 trainer programs

Boeing takes $222 million loss on KC-46 tanker, T-7 trainer programs
Boeing takes $222 million loss on KC-46 tanker, T-7 trainer programs

Despite the charges, Boeing’s plan to get its defense unit back to high single-digit margins by the 2026 timeframe “remains intact,” Chief Financial Officer Brian West said.

South Korean shipbuilder HD Hyundai, Philly Shipyard ink agreement on construction, MRO

South Korean shipbuilder HD Hyundai, Philly Shipyard ink agreement on construction, MRO
South Korean shipbuilder HD Hyundai, Philly Shipyard ink agreement on construction, MRO

The Korean company and Norwegian-owned American subsidiary have a history of working together.

Lockheed Martin projects potential $1 billion loss on classified program

Lockheed Martin projects potential $1 billion loss on classified program
Lockheed Martin projects potential $1 billion loss on classified program

Lockheed CFO Jay Malave said the company currently expects the program to become profitable on an annual basis around the 2028 timeframe.

Move over FARA: General Atomics pitching new Gray Eagle version for armed scout mission

Move over FARA: General Atomics pitching new Gray Eagle version for armed scout mission
Move over FARA: General Atomics pitching new Gray Eagle version for armed scout mission

General Atomics will also showcase its Mojave demonstrator for the first time during the Army Aviation Association of America conference in Denver, a company spokesman said.

Textron, Leonardo bank on M-346 global experience in looming race for Navy trainer

Textron, Leonardo bank on M-346 global experience in looming race for Navy trainer
Textron, Leonardo bank on M-346 global experience in looming race for Navy trainer

“The strength we think we bring is that [the Navy is] going to go from contract to actually starting to turn out students much quicker than any other competitors,” a Textron executive told Breaking Defense.

Connecticut lawmakers to grill Army, Lockheed about job cuts at Sikorsky helicopter unit

Connecticut lawmakers to grill Army, Lockheed about job cuts at Sikorsky helicopter unit
Connecticut lawmakers to grill Army, Lockheed about job cuts at Sikorsky helicopter unit

“The Connecticut delegation has questions about why, with that [FY24] appropriation in hand, this happened,” said Rep. Joe Courtney, D-Conn.

Anduril, South Korean shipbuilder HD Hyundai announce new partnership for autonomous systems

Anduril, South Korean shipbuilder HD Hyundai announce new partnership for autonomous systems
Anduril, South Korean shipbuilder HD Hyundai announce new partnership for autonomous systems

US Navy Secretary Carlos Del Toro has praised South Korean shipbuilders such as HD Hyundai at recent events, encouraging more participation with US industry.

With Navy exercise, unmanned surface vessel firm Saronic sees ‘next step’

With Navy exercise, unmanned surface vessel firm Saronic sees ‘next step’
With Navy exercise, unmanned surface vessel firm Saronic sees ‘next step’

“We are in active conversations with many of the stakeholders who are relevant to things like Replicator and we’re excited to collaborate with the government when the time is right,” Saronic exec Rob Lehman told Breaking Defense.

HII chief: Defense tech business will outpace shipyard growth going forward (Exclusive)

HII chief: Defense tech business will outpace shipyard growth going forward (Exclusive)
HII chief: Defense tech business will outpace shipyard growth going forward (Exclusive)

In an exclusive interview with Breaking Defense, HII boss Chris Kastner said the company views its non-shipbuilding division as a key source of future growth.

Boeing to shutter Super Hornet line in 2027 after final Navy order: Boeing VP

Boeing to shutter Super Hornet line in 2027 after final Navy order: Boeing VP
Boeing to shutter Super Hornet line in 2027 after final Navy order: Boeing VP

The desire for technical data rights “is one of those areas where industry and government have been at odds for a long time. And certainly Boeing on F-18 and the Navy as well,” Boeing fighters VP Mark Sears told Breaking Defense. “So being able to put that on a path to final resolution … is a really positive step.”

Fincantieri CEO looks to tap growing undersea market

Fincantieri CEO looks to tap growing undersea market
Fincantieri CEO looks to tap growing undersea market

“Underwater will be what was space 40 years ago,” company CEO Pierroberto Folgiero told Breaking Defense during a recent visit to Washington.

Shield AI moves into Australia with Sentient Vision Systems deal

Shield AI moves into Australia with Sentient Vision Systems deal
Shield AI moves into Australia with Sentient Vision Systems deal

“The companies will merge AI expertise and operational understanding to deliver superior intelligence surveillance and reconnaissance (ISR) capabilities for today’s rapidly changing defense and security environment,” Shield AI’s announcement says.