Valerie Insinna

"What we have been able to do with the Australian navy has begun to make believers" in robotic submarine technology, said Anduril Chief Strategy Officer Chris Brose.

While Russian defense contractors recorded a surge to their bottom lines, Chinese companies saw their year-over-year revenue growth stagnate, according to the Stockholm International Peace Research Institute.

While Russian defense contractors recorded a surge to their bottom lines, Chinese companies saw their year-over-year revenue growth stagnate, according to the Stockholm International Peace Research Institute.

"The makeup of Congress, and specifically the makeup of the House, I think will actually matter much more to the future of the defense budget than whoever the president is," said Todd Harrison of AEI.

Key members of the defense committees in both the House and Senate are locked in races that are still undecided.

Members of the International Association of Machinists and Aerospace Workers (IAM), which represents about 33,000 Boeing workers mostly in Washington state and Oregon, voted in a 59 percent majority to end the strike and will return to work on Nov. 6.

In a note to investors, J.P. Morgan analyst Seth Seifman said the company's third quarter results and withdrawal of its cash flow guidance was "a worse outcome than we expected."

The smallsat maker — now known as Terran Orbital, a Lockheed Martin Company — will report to Lockheed’s space unit and serve as a merchant supplier to other major space primes, Lockheed said.

“Our aim is not merely to maintain America's edge, but to sharpen it and lay the foundation for continued U.S. leadership in critical technologies and capabilities that will define the battlespace of the future,” Pentagon acquisition executive Bill LaPlante wrote in a foreword to the new National Defense Industrial Strategy Implementation Plan.

“We are running the facility without big orders coming from FMS [foreign military sales],” Bosco da Costa Jr., chief executive of Embraer's defense unit, told Breaking Defense. “We are facing a gap of production there."