The Defense News Top 100 data from fiscal 2022 reveals that 49 of the top 100 defense companies reported a decline in defense sales from FY21 to FY22. Lockheed Martin remains the top-ranked company for defense sales.

Emerging tech-focused firms could reshape the Top 100 defense contractors list as the defense market evolves to offer better and more work to mid-tier firms specializing in emerging technologies.

Raytheon is increasing production rates of its SM-3 missiles to meet growing global demand and enhance missile defense capabilities.

Defense Secretary nominee Pete Hegseth defends himself against attacks on his character and lack of qualifications during Senate confirmation hearing.

The future of the Pentagon's Replicator drone program is uncertain as Deputy Secretary of Defense Kathleen Hicks leaves office. The program, which aims to buy thousands of drones to help the US military compete with China, has received bipartisan support but requires more funding and weapons to reach its full potential.

AM General has selected Plasan North America to supply major components for the armored cab of the Joint Light Tactical Vehicle (JLTV) in a $300 million deal. Plasan plans to hire 170 employees to meet the increased demand and has invested in research and development projects, including the All-Terrain Electric Mission Module (ATeMM).

The U.S. Marine Corps is seeking a new reconnaissance vehicle, but the exact quantity needed is uncertain. Despite this, manufacturers are undeterred and continuing to develop prototypes.

The German army has been given approval to buy Elbit-made PULS rocket artillery systems, allowing them to spend €65 million on five systems. The decision to choose PULS over Lockheed Martin and Rheinmetall's competing offer was due to the lack of a usable prototype for the latter.

Lt. Gen. David Berger's experiences in a 2018 wargame against China's forces led to significant changes in the Marine Corps' strategy and structure.

French Adm. Pierre Vandier, head of NATO's Allied Command Transformation, calls for audacious training, greater risk-taking, and innovation in Europe, and emphasizes the need for Europe to invest more in its militaries.

The Dutch army is set to purchase personal drone-protection kits for its soldiers, including targeting lasers and portable sensors, to counter the threat of small unmanned aircraft systems.

Adversaries of the United States are collaborating in combat and influence operations, prompting special operations leaders to increase their intervention abilities.

The US defense industrial base needs to increase speed, scale production, and improve sustainment to address national security challenges.

Hungary has ordered Hero kamikaze drones from Rheinmetall-UVision venture, with deliveries set to begin in 2024. The drones have the ability to hit targets up to 200 kilometers away and are used for high-precision strikes.

A Pentagon official has urged China to establish crisis communications channels with the U.S. as China expands its nuclear arsenal. The official expressed concern over China's lack of enthusiasm for setting up communication channels and highlighted the growing disparity in nuclear capabilities between the two countries. The Biden administration's National Defense Strategy focuses on deterring China in the Indo-Pacific region.