Ukraine war orders starting to boost revenues
New contracts to supply Ukraine directly - or backfill U.S. weapons sent to Ukraine - were signed last year
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New contracts to supply Ukraine directly - or backfill U.S. weapons sent to Ukraine - were signed last year
As in many other industries, there's an inherent challenge in managing the increasing supply risk in early design decision-making.
RTX, which makes rockets used in Ukraine, has received US$3 billion of orders since Russia’s February 2022 invasion, while General Dynamics, which makes tanks and artillery, saw revenue rise 25 per cent from a year ago.
The National Security Agency has granted certification to General Dynamics' mission systems division for its first TACLANE E-Series product designed to protect top-secret government information that passes through ethernet data networks. The TACLANE-ES10 (KG-185A) encryptor is a Layer 2 Ethernet Data Encryption Cryptographic Interoperability Specification-compliant platform that works to secure classified information in high-speed networks at data rates up to 10 Gigabits per second, GDMS said Thursday.
WASHINGTON - The Russian invasion of Ukraine in 2022 is starting to boost defense contractors' revenues, as customers such as the U.S. government restock supplies shipped to Ukraine and countries