Air

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.
Air Mobility Command’s interim boss said the Air Force is behind on modernizing its airlift fleet, to include selecting a Next-Generation Airlifter to replace the service’s fleet of C-5 and C-17 workhorses—a project that faces stiff competition for resources in the service’s modernization portfolio.