Daily Report

The Air Force on June 19 ordered its 224th, and likely its final, C-17 transport from Boeing. The company received a $169.8 million contract to provide the new-build airlifter off of its production line in Long Beach, Calif., announced the...

Both Sierra Nevada and Hawker Beechcraft submitted revised bids to the Air Force for the Light Air Support contract. The service originally awarded Sierra Nevada the contract last December, but later set aside the contract after then-unsuccessful offeror Hawker Beechcraft...

Lockheed Martin will formally notify its 120,000 employees this fall that they may lose their jobs because of sequestration, said company chairman and CEO Bob Stevens June 19. During a press conference in Arlington, Va., Stevens said the Budget Control...

With or without sequestration, the defense market in the United States—as in many parts of the world—is shrinking. So does that herald a new round of defense industry consolidation? Not necessarily, said Chris Kubasik, Lockheed Martin’s president and COO, and...

B-52 bombers flew in two major exercises, flexing nuclear and conventional strike forces on a global scale, according to Air Force Global Strike Command officials. As two B-52s returned to Barksdale AFB, La., on June 11 from a simulated maritime...

Officials dedicated the C-17 Aircrew Training Center at JB Charleston S.C., in honor of retired Col. Gail Halvorsen, the famous “Candy Bomber” of the 1948-49 Berlin Airlift. “Halvorsen’s kindness provides the ‘why’ to what we do day in and day...

Boeing and Lockheed Martin submitted bids for their respective F-15 Silent Eagle and F-35 Lightning II fighters in the $7 billion third phase of South Korea’s F-X fighter contest, according to press reports. The two companies met the June 18...