Department of Defense Spends $5 Billion on Missile System

More than $5 billion has been approved by the US Department of Defense for a Coyote Missile system, according to a contract ...

Chart Of The Day: European Defense Stocks Are Playing Offense

Defense is big business in 2025. But US contractors aren’t leading the way when it comes to stock market performance.
Homeland Security Today

GAO: DoD Should Adhere to Best Practices to Manage and Oversee MAIS Business Programs

A GAO report has found that DoD should adhere to best practices to manage and oversee its major automated information system business programs. Currently, the strength of its policies for the ...

Lockheed and Other Defense Stocks Are Moving. The Pentagon Wants More Missiles.

Defense stocks rose Monday after The Wall Street Journal reported that the Defense Department pressed for missile production to increase dramatically.Shares of Lockheed Martin, Northrop Grumman, RTX, ...
Defense Daily

DoD Funds GD, Americarb To Boost Rocket Motor Supply Chain

The Defense Department has awarded a combined $33.5 million in separate contracts to General Dynamics and Americarb, Inc. to ...

Judge rules that drone maker DJI is affiliated with China’s defense industry — company to stay on Pentagon’s list of Chinese military companies

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Washington Technology

Advent creates defense photonics business in $400M acquisition

Coherent Corp. has agreed to sell its defense and aerospace business to the private equity firm Advent International for approximately $400 million. Coherent specializes in photonics and the sale is ...
GovCon Wire

Coherent Agrees to Sell Aerospace & Defense Business to Advent for $400M

Photonics company Coherent has reached an agreement to sell its Aerospace and Defense business to Advent, a global private equity investor. Advent said Wednesday it will acquire the business, ...