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 ...
Boeing announced a new $565 million charge on its contract for the KC-46A Pegasus tanker, its first loss on the program since 2024. In a Jan. 27 earnings call, company leaders said the charge is due to cost growth on the 767 airliner, which is ...
The Air Force is now expecting delivery of the first VC-25B presidential transport by mid-2028, months ahead of its last official projection, a service spokesperson said this week. USAF also announced it is buying two used Boeing 747-8 jetliners for training and spare parts to be delivered in 2026, calling the $400 million deal part of its “acceleration efforts” for the oft-delayed presidential ...
A semi-autonomous Collaborative Combat Aircraft drone shot down an air-to-air target in a Dec. 8 test supported by the U.S. Air Force, a notable milestone in the development of the loyal wingman-type drones that will join the fleets of the USAF, other American services, and ...
Boeing received a $2.47 billion Air Force contract Nov. 25 for 15 more KC-46s, bringing to 183 the number of Pegasus tankers on contract to all customers, foreign and domestic. The new contract—for Lot 12 of the initially planned KC-46 buy—is to be completed by ...