Did anyone think that dropping the alternate Joint Strike Fighter engine would be easy? The Senate Armed Services Committee plans to meet next week with international partners in the JSF program and, in a separate hearing, with the deputy secretary of defense and the two engine makers—Pratt Whitney, the original F-35 engine producer, and GE-Rolls Royce, the alternate engine team. Lawmakers in both houses have signaled their concern. Even the top Air Force civilian, who believes there is little technical risk, worries about having only one industrial source.
Iran War Boosts Defense Stocks, at Least for Now
March 2, 2026
Defense specialists’ stock prices jumped March 2, the first day of trading since the United States and Israel launched attacks on Iran, led by the makers of munitions, high-tech defense specialists, and major prime contractors.