WASHINGTON — The State Department has made a determination approving a possible Foreign Military Sale to the Government of Romania of F-16 Modernization and Logistics Support and related equipment for an estimated cost of $175.4 million. The Defense Security Cooperation Agency delivered the requi…

Defense is trading at a 35%+ discount to NTM S&P 500 P/E, providing a positive skew to the upside. US military superiority is no longer guaranteed. We expect high perceived threat to drive higher defense spending under a Democrat or Republican sweep. Top stock pick is Northrop Grumman (ticker: NOC)….

FAIRFAX, Va. — General Dynamics Information Technology (GDIT), a business unit of General Dynamics, announced today it was awarded the Defense Enterprise Office Solutions (DEOS) contract by the General Services Administration (GSA) in partnership with the Defense Department (DoD) and the Defense In…

The Navy announced F-35C modifications to the future USS John F. Kennedy (CVN 79) yesterday, under a contract structure now in place to deliver the second Ford-class aircraft carrier, employing a single-phase acquisition strategy, versus a two-phase strategy, as originally planned.

“Shifting to s…

Leonardo Hispania – a Leonardo company with headquarters and plants in Loriguilla (Valencia), where all employees and suppliers are Spanish – is tendering for the supply of 58 30mm HITFIST ‘manned’ turrets, as part of the Spanish Army’s 8×8 VCR (Vehículo de Combate de Ruedas) Dragón programme.

D…

SAN DIEGO — General Atomics Aeronautical Systems, Inc. (GA-ASI), the world’s leading manufacturer of Remotely Piloted Aircraft Systems (RPAS), opened a new customer service center in Dresden, Germany on October 5, 2020.

The center provides sustainment capabilities for MQ-9 fleets in and near E…