EVERYONE'S TALKING

• Black Hawk deal. Lockheed Martin has agreed to buy helicopter manufacturer Sikorsky—the company that makes the U.S. military’s Black Hawk helicopters—for $9 billion. For more on Lockheed's strategy and the woman behind the deal, check out this Fortune profile of CEO Marillyn Hewson.

ALSO IN THE HEADLINES

• Making the glass ceiling disappear. If there's a woman on stage in a magic show, she's usually the one being sawed in half. Magician Katherine Mills is the exception: She's a star of Impossible, the biggest magic show to open in London's West End in years. The Guardian

• Cover girl. Women's World Cup winner Alex Morgan will join FC Barcelona star Lionel Messi on the cover of FIFA 16, marking the first time a woman has appeared on the front of the popular Electronic Arts' game package in the U.S.  Fortune

• A new face at the Fed? President Obama will nominate economist Kathryn Dominguez for a vacant seat on the Federal Reserve’s board of governors. Dominguez is a professor of public policy and economics at the University of Michigan’s Gerald R. Ford School of Public Policy, and previously she taught at Harvard University’s Kennedy School of Government.  WSJ

• Let them serve. This powerful documentary-style video profiles just a few of the estimated 15,000 transgender troops who currently serve in the U.S. military. Their stories give a fresh urgency to the Pentagon's announcement that it is moving to allow transgender people to serve openly by early next year. Time

• A historic win. The San Antonio Spurs defeated the Phoenix Suns 93–90 yesterday to claim the 2015 Las Vegas Summer League title. The Spurs were led by coach Becky Hammon, the first woman to serve as a head coach in the NBA Summer League. SI

• Mistaken identity. Rachel Dolezal, the former NAACP official who was outed as white, talks to Vanity Fair about her relationship with the African-American community, the reason she still identifies as black, and her desire to write a book about her experience. Vanity Fair

• Not-so-Big Blue. IBM, led by CEO Ginni Rometty, reported its thirteenth straight decline in quarterly revenue yesterday.  Fortune

IN CASE YOU MISSED IT

• Front page of feminism? A stay-at-home mom defends Reddit, arguing that the site is what you make of it. With subreddits like r/feminism and r/breastfeeding, the community, she says, has more to offer women than you'd gather from its media portrayal as a "bastion of child pornography, sexist harassment, and mob fervor." Slate

• Campaigns for change. Need some Tuesday inspiration? Take a moment to watch these four #Femvertising Award-winning ads, which challenge gender stereotypes. Fortune

• Irony alert. Just as Chinese President Xi Jinping prepares to attend a September U.N. summit in New York to mark the 20th anniversary of the landmark U.N.’s Fourth World Conference on Women, his administration has begun to clamp down on independent women’s groups.  WSJ

• The creative class. Adweek's list of the 100 most creative people in marketing, media and tech is out, with Mindy Kaling on the cover. Also on the list: singer Janelle Monáe, photographer Annie Leibovitz and Y&R New York chief creative officer Leslie Sims. Adweek

• Credit where credit is due. Gender gaps are everywhere, including lending: Research shows that women are much less likely to obtain credit from a bank or an informal lender than men are.  Quartz

• Illegally bad fashion. Lawyer Molly Lippincott writes about being shamed for a work wardrobe that, while office-appropriate, was deemed too fashion-forward by a partner. Even in the most liberal law firms, attorneys "exhibit a strangely backwards desire to blend in with male counterparts and a rigid unwillingness to buck tradition for trend," writes Lippincott. Racked

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ON MY RADAR

Let's kill it 'til it's dead: The myth that mom's salary pays for childcare  The Billfold

Sales of Harper Lee's Go Set a Watchman surpass 1.1 million  WSJ

Carol Burnett to receive lifetime achievement award at the SAG awards.  EW

What you really need to know about egg freezing  Time

QUOTE

I never really got into acting for awards... For me, what it really means is the people that I’ve affected through my gift, through my art. It’s never really about a trophy or the accolades for me because it’s not really about me.

Actress Taraji P. Henson on her Emmy nomination for <em>Empire</em>