Welcome to today's Defense Business Briefing, your weekly roundup of the latest defense industry news.
Contracting coalition urges Pentagon to drop commercial products from proposed foreign obligations disclosure rule
A coalition of industry groups who are part of the defense industrial base are pushing back against a proposed rule establishing requirements to disclose foreign obligations for commercial products under the Defense Department's acquisition regulations.
Financial effects of F-35 TR-3 delays may bleed into 2026, Lockheed exec says
Lockheed Martin may be feeling the financial hit of continued delays to Technology Refresh 3 for the F-35 Joint Strike Fighter into 2026, executives said during the company's year-end earnings call.
Boeing, USAF in talks to accelerate new Air Force One deliveries
The Air Force and aerospace prime Boeing are in "active discussions" to make needed changes to the VC-25B program, the eventual replacement for presidential aircraft Air Force One, company CEO Kelly Ortberg told investors.
Northrop Grumman sees opportunity in Trump's missile defense order
Northrop Grumman could put its hat in the ring for parts of President Trump's "Iron Dome for America” effort for domestic air defense, according to CEO Kathy Warden.
'Relatively flat' fourth quarter in defense sales for Oshkosh, but execs see growth down the line
Although defense sales for Oshkosh's fourth quarter of 2024 were "relatively flat" compared to the year before, officials touted strong growth ahead for its defense segment in an earnings call, citing contract extensions, foreign demand and its new postal service vehicle.
General Dynamics sees growth in combat systems, CEO calls for 'rational' Stryker funding
The growth in General Dynamics' combat systems profile in the last quarter of 2024 was driven by climbing demand for munitions and combat vehicles, a company official said during an earnings call this morning. But the company still needs more funding for Stryker combat vehicles.
CMMC accreditation body outlines plan to address DOD IG report on authorizing C3PAOs
The accreditation body behind the Pentagon's Cybersecurity Maturity Model Certification program is in the process of responding to findings from a Defense Department inspector general report on efforts to authorize certified third-party assessment organizations, according to Cyber AB CEO Matthew Travis.
Rigorous testing for new F-35 upgrade package not yet planned, chief weapons tester says
The F-35 Joint Strike Fighter Joint Program Office has yet to establish a plan to test the jet's new Technology Refresh 3 software and associated Block 4 hardware upgrades, despite aircraft enabled with a truncated version of the configuration already being delivered to field units, the Pentagon's top weapons tester said in a Jan. 31 report.
DOT&E finds insufficient testing of Pentagon Digital Modernization projects
The Defense Department only performed one "operationally realistic" test in fiscal year 2024 across several initiatives meant to support the Pentagon's Digital Modernization Strategy, according to the latest annual report from the Office of the Director of Operational Test and Evaluation (DOT&E).
MDA sets Feb. 18 'Iron Dome for America' industry day; two-year capability rollouts planned
The Pentagon is accelerating plans for a next-generation missile defense system designed to counter "any foreign aerial attack" on the United States.