Valerie Insinna

“While the charge is disappointing, we recognize how critical schedule performance is to our customer and we are investing accordingly to maintain our commitment to deliver the airplane in 2028,” CEO Kelly Ortberg said.

“We're evaluating a set of [courses of action] right now, which include a mix of domestic and international sourcing for end units, where they're going to be located, how we're going to build it, [and] which variant,” Michael Cadenazzi, the assistant secretary of defense for industrial policy, told Breaking Defense.

CEO Chris Kubasik told investors that "market conditions do not reflect the value we're building," and it would be better to wait for them to "settle down." By Valerie Insinna on July 30, 2026 1:10 pm Share Options Share a link to this article

The deal will allow Northrop to stand up production as a second supplier of solid rocket motors for the PAC-3 interceptor. By Valerie Insinna on August 03, 2026 8:18 am Share Options Share a link to this article

If passed by the Senate and House, the continuing resolution would extend federal funding until Dec. 11. By Valerie Insinna on August 03, 2026 12:00 pm Share Options Share a link to this article

“I know there's lots of discussions on budget amounts and mechanics, but what I can tell you, as we engage with Congress, is there's a bipartisan support for increased munitions," RTX CEO Chris Calio said during a July earnings call. By Valerie Insinna on August 04, 2026 3:30 pm Share Options Share a link to this article

The House and Senate have each passed separate versions of a continuing resolution, and must agree on a single bill before the new fiscal year starts on Oct. 1 By Valerie Insinna on August 08, 2026 12:31 pm Share Options Share a link to this article

The request by the Pentagon's No. 2 official that CEOs for defense firms bring their board members in for discussions is unprecedented, but in line with Feinberg's industrial maneuvering.

Over the past year, Pentagon leaders have leveraged multiyear contracts for critical munitions as an incentive to get defense primes to make larger investments in their production facilities and supply chain. By Valerie Insinna on August 17, 2026 1:41 pm Share Options Share a link to this article

The new directive, signed off by Deputy Defense Secretary Steve Feinberg, is meant to “reset” the Pentagon's expectations for supplier cost and pricing information. By Valerie Insinna on August 20, 2026 12:19 pm Share Options Share a link to this article