March 28, 2024

Revenues Up 2nd Year for Top 100 Defense Contractors

100 Defense

For the second straight year revenues for the Top 100 defense companies in the world have increased, suggesting the defense industry has weathered sequestration-related budget cuts and emerged stronger. Total 2017 defense revenues for the Top 100 companies came in at $375.4 billion, a 2.9 percent increase over the companies represented in the previous year’s Top 100 list.

Trump Signs FY18 Defense Authorization Bill

FY18 Defense Authorization

President Trump signs the FY18 Defense Authorization Bill. The nearly $700 billion authorization establishes the 2018 military pay raise at 2.4 percent and sets the stage for increased Pentagon spending in coming months.

Laser Tech’s Bumpy DoD History May Be Leveling

The THEL Pointer Tracker at the High Energy Laser Systems Test Facility at White Sands Missile Range, N.M.

Big promises and failed expectations has limited DoD’s laser technology advances, but that may be changing.

NAWCAD Demonstrates Laser Computing Concept

Fully Laser Integrated Photonics project transfers information using photons instead of electrons.