The Air Force wants more companies able to produce its new, multi-use, anti-radar missile that one expert says will prove vital in any future peer conflict and would be in high demand for the war in Iran if stocks were available now.
Rapid Acquisition & Sustainment
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.
The advanced F-47 sixth-generation fighter remains on track to fly in the next two years, the senior Air Force acquisition officer overseeing the program said Feb. 25, as the service continues on its ambitious schedule to debut the air superiority-focused fighter by 2028—only three years ...
The Department of the Air Force plans to establish around 27 "portfolio acquisition executives" and grant them far greater authorities and responsibilities for supporting and sustaining the systems they acquire, Secretary Troy E. Meink said in a keynote address to kick off AFA’s Warfare Symposium ...
The Air Force and Northrop Grumman have struck a $4.5 billion deal to increase production on the B-21 Raider bomber by 25 percent. Secretary of the Air Force Troy E. Meink announced the completed deal during his Feb. 23 keynote address to open AFA’s Warfare ...
The Air Force’s Kessel Run software factory is launching an effort to create the “next generation” of the service's Air Operations Centers, used to command, control, and coordinate aircraft movements around the globe.
Raytheon, a division of defense giant RTX, recently announced a multiyear deal with the Pentagon to increase annual production of the Air Force’s primary dogfighting missile by more than 50 percent from two years ago.
Defense Secretary Pete Hegseth exhorted the U.S. space industry to step up its efforts in a forceful Feb. 2 speech in which he called for a new era of American “space dominance."
Following the Trump administration’s call for defense companies to prioritize investments in production capacity and technology development over shareholder payouts, some of the Pentagon’s largest prime contractors say they’re attempting to strike a balance between the government’s needs and investor demands.