News

The Government of Guam and the Guam Economic Development Authority unveiled a $1.3 billion bond pipeline for the next five years during the InvestGuam Symposium 2026 in New York City.

Lockheed Martin Corp. of Moorestown, New Jersey, was awarded May 7 a “sole-source, hybrid, cost-plus-fixed-fee, and cost-plus-incentive-fee contract modification under the Aegis Ballistic Missile Defense Weapon Systems contract.”

As of December 2025, the island had 7,100 active-duty military personnel in Guam.

The Guam Visitors Bureau is mobilizing a $2 million comprehensive response plan to navigate an escalating global travel crisis, characterized by jet fuel prices hovering at $200 per barrel and anticipated 20% fare hikes from major carriers.

The latest U.S. Government Accountability Office report of May 5 on the Freely Associated States focused on the fact that the three countries have not yet met certain oversight requirements established by the amended compacts, while U.S. oversight efforts are underway with some delays.

The Japan-flagged cruise vessel Asuka III arrived at the Port Authority of Guam on May 6, carrying 311 passengers and 429 crew members for a two-day regional voyage through the Pacific.

Q&A courtesy of the Saipan Chamber of Commerce with Raenada A. Mason, public affairs specialist with the U.S. Small Business Administration. Mason is currently in Saipan. The SBA will be assisting businesses and residents at the Survivor Recovery Center at the Governor Pedro P. Tenorio Multi-Purpose Center.

William Toti – previously a senior advisor to the deputy secretary of war, has been appointed as of May 1 to “perform the duties of” the under secretary of the Navy, with the rise of Hung Cao to acting secretary of the Navy.

Airlines globally are not waiting for a shortage of jet fuel but reacting to the cost in the wake of the closure of the Straits of Hormuz.

The Subway Restaurant at the Mobil Yigo North reopened April 30. The restaurant boasts the new Fresh Forward design, which makes for a more modern environment.