Lockheed Martin topped $64B in 2024 arms revenue. The world's largest defense contractors ranked by revenue, backlog, and government contract share ...

The company says the rebrand better represents its family of companies. Hawaiian Native Corp. remains as parent company, and the new name took effect July 1.

A provision from the 2025 NDAA prohibits DoD from working with contractors that retain consultants representing certain ...

Defense companies and their trade groups are pressing Congress not to require that the Pentagon approve stock buybacks.

The Trump administration has been ratcheting up pressure on defense contractors to prioritize production and American manufacturing capabilities over shareholder payouts.

A bill the Senate Armed Services Committee approved would prevent defense contractors from buying back their stock without Pentagon approval.

President Donald Trump said Monday that he plans to meet next week with leaders of the nation’s largest defense contractors, signaling an effort to push companies to prioritize weapons development ...

Trump wants to make a larger defense budget dependent on contractors investing more in production. Contractors who fail to meet production targets may be forbidden to pay dividends or buy back stock.

President Donald Trump sent jolts through the defense industry this week by mixing talk of a $1.5 trillion defense budget with a blunt warning to contractors: Prioritize production and readiness, not ...