With Tokyo awarding contracts to build two new Aegis System Equipped Vessels, Lockheed Martin believes there are still details to be ironed out about the new SPY-7 Aegis destroyer.
The U.S. and Japan have chosen Northrop Grumman to continue development of a new long-range hypersonic defense system known as the glide phase interceptor.
Mercury Systems had a respectable fiscal 3Q, but overshadowing the performance was significant pressure on margins tied to slow-moving development programs.