Financial reporting on defense and aerospace companies, covering quarterly results, order books, mergers, acquisitions and the export deals moving revenue.
US clearances run on three levels, Confidential to Top Secret, granted after a thorough background check, with need to know acting as the second lock on every secret.
The Stafford Act sets the triggers, the paperwork, and the money. Here is what a declaration does — and does not — unlock.
Hearings, testimony, and reports are the levers Congress uses to hold defense programs accountable. Here is how each one moves money and programs.
Offset commitments and local production terms attached to FMS deals push costs onto contractors well after the headline contract value is announced.
Other Transaction Agreements let the Defense Department negotiate prototype and research deals outside the Federal Acquisition Regulation, a tool that has grown sharply since the mid-2010s but comes with its own oversight gaps.
The fiscal year ends September 30 with full-year appropriations unbuilt, and the FY2027 request's two-track structure — $1.15 trillion discretionary plus $350 billion in reconciliation — makes this year's deadline harder to manage than most.