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 ...