#defense

$6.25B “for the kids” well spent

If the war continues, nobody is getting fired or laid off. In fact, I'm betting you we'll need to start bringing people back. Job security is finally back.

https://wcfcourier.com/news/state-regional/government-politics/article_b8e2ee8f-7e90-5dab-b7ba-ed8602c706f5.html

Look at Boeing’s stock today compared to Lockheed or Northrup.
Boeing is a joke, which they have repeatedly proven they can’t deliver on any defense contracts they have been lucky to even win.

It looks like the FBI caught a manager at L3 Harris selling secrets to a Russian broker. This is one reason why there’s layoffs, some people at the company can’t keep secrets because they are overwhelmed by greed.
They didn’t catch everyone yet, and it is still an ongoing investigation. Maybe if the FBI catches everyone there won’t be any need for more layoffs in that section as it will be reduced enough.
The whole company needs a complete government security review.

https://www.local10.com/news/2026/02/25/senior-executive-for-florida-based-defense-contractor-sentenced-in-espionage-case/

An anonymous source has told Bloomberg that Boeing is set to cut around 300 jobs from its Boeing Defense, Space & Security division in February 2026.

The job cuts will fall across various locations nationwide, according to the anonymous source cited by Bloomberg on February 5, 2026, and employees are expected to be notified about the cuts this week.

https://www.aerotime.aero/articles/boeing-cut-300-jobs-defense-division

As engineers supporting highly complex programs worry about potential 2026 layoffs at L3Harris, it’s worth remembering that has spent hundreds of millions of dollars on AlixPartners over four years on a failed attempt to roll out a simple reporting tool.
The money exists. It could have been invested directly into programs—staffing them properly and supporting frontline teams with real expertise. Instead, it was wasted.
Executive leadership should never allow this level of misallocation while employees are asked to do more with less. Defense work is hard enough; it becomes impossible without company support.
It’s time to invest in the people actually delivering the mission.

The military vehicle maker says it’s “adjusting its workforce to match current and expected business needs.”
The layoffs kick in on January 5, 2026, after the company reported a $52.8 million drop in third-quarter sales.

https://spectrumnews1.com/wi/milwaukee/news/2025/11/12/oshkosh-defense--layoffs--january

The defense contractor L3Harris Technologies finds itself at a critical juncture, presenting investors with a complex puzzle. While the company secures a multi-billion dollar international defense agreement, significant stock sales by its top executives and a legal scandal involving a former manager are creating headwinds.

Recent regulatory filings reveal a notable trend among L3Harris leadership. Chief Executive Officer Christopher Kubasik substantially reduced his equity position by selling 83,000 shares, representing a decrease of more than 36 percent in his holdings. This transaction forms part of a broader pattern where company insiders have disposed of securities valued at over $53 million during the past quarter.

These substantial disposals by key management figures emerge alongside troubling legal developments. Federal prosecutors have brought charges against a former L3Harris manager, alleging the individual transferred eight confidential business secrets to a Russian buyer. Although the company is no longer associated with the accused, the case potentially impacts market confidence in the organization's governance and security protocols.

Counterbalancing these concerns, L3Harris announced a landmark $2.26 billion contract with the South Korean air force. The agreement involves supplying four cutting-edge airborne early warning and surveillance aircraft based on modified Bombardier Global 6500 jets. Deliveries for this strategic asset are scheduled between 2030 and 2032, enhancing the allied nation's military capabilities in the crucial Indo-Pacific theater.

Christopher Kubasik emphasized the transaction's significance, stating the company "will deliver an advanced fleet that will strengthen the operational capacity of a key American ally." This substantial order reinforces L3Harris's competitive standing in surveillance and command systems—technologies experiencing growing global demand amid current geopolitical tensions.

Investors now face conflicting signals as they assess the defense contractor's prospects. The substantial South Korean order demonstrates compelling operational strength and international demand for the company's products. Conversely, the scale of insider selling activity introduces uncertainty about management's outlook.

Market attention now turns to the upcoming quarterly earnings report scheduled for Thursday. These financial results may either alleviate concerns sparked by the executive stock sales or validate market apprehensions. The share price has recently demonstrated resilience, trading comfortably above its key moving averages, but the coming days will determine whether L3Harris can translate these contrasting developments into sustained growth momentum.

https://www.alternet.org/lockheed-martin-strike-politico/

But not Boeing

The company cited uncertainty around the future of some contracts with federal agencies.

https://www.bizjournals.com/washington/news/2025/10/10/peraton-layoffs-virginia.html

A CBRE division plans to cut 279 jobs tied to Brooke Army Medical Center in San Antonio after a contract with a client ended, the real estate services firm told the Texas Workforce Commission.

https://www.costar.com/article/1825551707/cbre-division-to-cut-hundreds-of-jobs-in-san-antonio

Are those working on defense or space charge numbers furloughed during a federal gov shutdown that just started? Or do they just halt working those programs and hon pays them with indirect or commercial charge codes?

Heads up: L3Harris offices in Plano, TX, Richardson, TX and Ashburn, VA are MISSING -as in UNable to.locate countless DD254's for classified programs based out of these office locations. L3Harris director (S.J.) knows this has been going on for nearly a year and has not reported this up the chain. I was a senior PM who recently left the company after 10+ years to join a real (in the top 5) defense organization. L3Harris will not be landing any new substantive awards.

The T-7 trainer that Boeing won, is more than $1 billion over budget and more than three years late.

Yet Boeing won the F-47 program based on their ability to execute?

Based on the starliner and the tanker programs, whhy would you award another program to Boeing?

I feel like there should be an investigation as to why Boeing won the F-47 program? When is the last time Boeing had successfully executed a defense program?

It was a long shot. They won F47, but winning both programs won’t happen. It’s too much risk for the DOD on a company that’s historically been late and over budget on most of the programs. The number of so-called analyst though who claimed Boeing has a good shot, I think it’s very misleading.

TechWerks

• Support staff for Defense Health Agency contracts
  TechWerks is laying off 87 employees in San Antonio after abruptly losing a subcontract with the Defense Health Agency.
• San Antonio, TX
  https://www.mysanantonio.com/business/article/mass-layoffs-texas-20877865.php