AIM-260 Joint Advanced Tactical Missile deal moves forward
Lockheed Martin and the Pentagon agreed on a framework to speed AIM-260 Joint Advanced Tactical Missile production, but funding depends on Congress.
EU defense priority areas set for joint funding push
EU member states approved five EU defense priority areas for joint industrial investment, paving the way for EDIP funding across drones, air defense, maritime, space, and the eastern flank.
Why Japan is wary of the U.S. Navy frigate deal
Japan’s industry is cautious about the U.S. Navy frigate deal, citing required U.S. investment, structural hurdles, and tight domestic shipbuilding demands.
L3Harris CEO resignation costs Kubasik $45M, exits with $80M
L3Harris CEO resignation follows a code-of-conduct investigation. Chris Kubasik forfeits $45 million in awards but leaves with stock and options near $80 million.