NEW YORK--(BUSINESS WIRE)--Mar 3, 2026--
Tagup, a defense technology company delivering logistics decision advantage with next-generation AI, today announced the appointment of Lieutenant General Flem B. “Donnie” Walker Jr. (U.S. Army, Ret.) to its Defense Advisory Board. LTG Walker’s addition reinforces Tagup’s mission to deliver logistics decision advantage and strengthen military readiness amid growing sustainment challenges and increasingly contested operational environments.
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“Lieutenant General (Ret.) Walker has spent decades tackling some of the most complex logistics challenges in the U.S. military,” said Jon Garrity, CEO of Tagup. “As he joins Tagup’s Advisory Board, his perspective will sharpen how we build and scale our technology to deliver measurable readiness gains across supply, maintenance, and mobilization—especially for operations in contested environments.”
LTG Walker brings decades of senior leadership experience overseeing large-scale Army logistics and sustainment operations, including serving as the Deputy Commanding General of the United States Army Materiel Command, where he was responsible for enterprise-level logistics, readiness, and force support. His career has been defined by ensuring warfighters have what they need, when and where it matters most. This operational perspective strengthens Tagup’s mission to apply AI to logistics at enterprise scale, particularly as the U.S. military modernizes logistics operations for the modern, contested battlefield, where scale, speed, and adaptability increasingly define logistics success.
“Logistics determines whether forces are ready or not; there’s no margin for error,” said LTG Donnie Walker (U.S. Army, Ret.). “I’ve spent my career focused on sustainment and readiness at scale, and that challenge is only getting more difficult. Tagup is building the kind of decision advantage logisticians need: software that can reason under constraints, move at operational tempo, and improve readiness outcomes. I’m proud to join the Defense Advisory Board and support the team’s mission.”
Walker’s appointment builds on Tagup’s already distinguished Defense Advisory Board, which brings together retired flag officers across branches of service who have commanded, modernized, and sustained forces at the highest levels. The Defense Advisory Board includes Lieutenant General Brad Webb (U.S. Air Force, Ret.), Lieutenant General Neil Thurgood (U.S. Army, Ret.), and Rear Admiral John Neagley (U.S. Navy, Ret.), all leaders with deep expertise spanning logistics, operations, acquisition, and force readiness.
The Defense Advisory Board provides strategic guidance grounded in real-world operational experience. This expertise helps ensure Tagup’s AI solutions are deployable, trusted, and aligned with the realities of modern warfare, including contested supply chains, limited data visibility, and urgent decision timelines.
As the Department of War increasingly turns to AI to improve sustainment and readiness, Tagup continues to align advanced technology with the experience of leaders who understand what is at stake when logistics fails and what is possible when it succeeds.
About Tagup
Tagup is a defense technology company founded at MIT that is delivering logistics decision advantage with next-generation AI. The company’s platform, Manifest®, is an AI-powered multidimensional logistics decision engine that simulates and optimizes logistics courses of action under constraints and uncertainty, delivering a decisive operational advantage in contested and degraded environments. For more information on Tagup’s AI-powered logistics solutions or to request a demo of Manifest, email defense@tagup.ai.
Lieutenant General Flem B. “Donnie” Walker Jr. (U.S. Army, Ret.)
MINNEAPOLIS (AP) — Target reported another quarter of declining sales and profits as the retailer struggles to regain its footing with its customers contending with higher prices almost everywhere.
But the Minneapolis company on Tuesday offered a solid annual profit outlook that was better than Wall Street had been projecting, It also said it believes net sales will grow every quarter this year.
Target also said comparable-store sales rose to start the current quarter.
Shares jumped more than 4% before the opening bell.
The company earned $2.30 per share, or $1.05 billion, for the three-month period ended Jan. 31. That compares with $2.41 per share, or $1.10 billion, during the year-ago period. Adjusted earnings per share for the most recent quarter was $2.44.
Sales fell 1.5% to $30.45 billion during the latest period. For the full year, sales fell nearly 2% to $104.78 billion.
Analysts were expecting $2.16 per share on sales of $30.46 billion, according to a survey by FactSet.
Comparable sales — sales at established stores and online channels — fell 2.5%, followed by a 2.7% dip in the fiscal third quarter. The latest figure marks 11 quarters out of the past 13 that Target has posted either declines or flattish growth for this measure.
Target’s performance underscores the challenges faced by new CEO Michael Fiddelke, a 20-year company veteran, who succeeded longtime CEO Brian Cornell last month.
Fiddelke is expected to reveal details about his plans to turn around Target on Tuesday during the company’s annual meeting in Minneapolis. Investors are hungry for a return to Target’s former dominance in affordable chic for which it earned it the nickname “Tarzhay” in years past.
Fiddelke takes over with Target’s hometown of Minneapolis a front line of sorts in President Donald Trump’s campaign to curb illegal immigration. Some of the company’s stores have become a flashpoint in a pushback against U.S. Immigration and Customs Enforcement. The company has faced pressure to take a public stand against the immigration crackdown.
Even before the immigration clashes, Target had been facing protests and boycotts over the company’s decision to roll back its diversity, equity and inclusion initiatives. Critics believe it's a betrayal of Target’s retail giant’s philanthropic commitment to fighting racial disparities and promoting progressive values in liberal Minneapolis and beyond.
That is outside of a volatile economic and political environment that has been intensified by an aggressive trade campaign under Trump. The White House is now seeking a global tariff of 15%, after the U.S. Supreme Court struck down many of the far-reaching taxes on imports that he had imposed over the last year.
While the pace of inflation has cooled, consumer prices have soared about 25% over the past five years. U.S. companies are facing a hazy outlook with American households hurting, and the Trump administration is trying to work around the Supreme Court ruling to keep his duties in place.
And Target customers have soured on what they see as untended and messy stores with lackluster merchandise.
As the company’s nearly 2,000 store locations have become shipping hubs for online operations, customers say the shopping experience within stores has suffered with staff fulfilling digital orders rather than tending to store aisles.
Target is also facing stiffer competition from Walmart, which has stepped up its focus on fashion and other goods. As many Americans trade down because of inflation, Walmart has gained market share, particularly among households with annual income above $100,000.
Joe Feldman, a senior managing director and the assistant director of research at Telsey Advisory Group, believes that shopper boycotts over its pullback from DEI and its lack of a forceful stand against ICE cut into sales. But he said overall, Fiddelke seems to be willing to make changes to improve its operations.
Fiddelke has already reshuffled the leadership team at Target, boosted spending on in-store store staffing and made cuts at distribution facilities and regional offices, according to a memo sent to employees in February.
The company is also reworking its store label brands such as its home goods brand called Threshold and announced a merchandise collaboration with Roller Rabbit, a brand known for its 1960s-inspired silhouettes and colorful playful prints. The collection of clothing, pajamas and accessories is expected to make its debut at Target this month for a limited time.
Tuesday’s report offered some hopeful signs for the business. Target said that sales and customer traffic accelerated in the final two months of the quarter. And it saw sales growth in food and beverage, beauty and toys for the latest quarter.
Target said that it expects net sales for the year to increase by 2%, which would mean it expects sales to reach $106.88 billion. That’s a bit above analysts’ expectations of $106.7 billion. Target also anticipates earnings per share to be in the range of $7.50 to $8.50. Analysts are expecting $7.30 per share for the year, according to analysts polled by FactSet.
Products sit on display at a Target store, Monday, March 2, 2026, in Edina, Minn. (AP Photo/Anne D'Innocenzio)
Products sit on display at a Target store, Monday, March 2, 2026, in Edina, Minn. (AP Photo/Anne D'Innocenzio)
FILE - The Target logo displayed on a sign outside a store, Nov. 18, 2025, in Salem, N.H. (AP Photo/Charles Krupa, File)
Products sit on display at a Target store, Monday, March 2, 2026, in Edina, Minn. (AP Photo/Anne D'Innocenzio)
