Massive spending to combat the coronavirus pandemic may suppress defense spending and therefore defense stock prices, which have tanked to the tune of more than 30 percent in the last month, according to defense and aerospace analyst Byron Callan of Capital Alpha. Congress may also ...
business news
Assistant Secretary of the Air Force for Acquisition Will Roper recently announced the creation of AFVentures, which will serve as an “umbrella organization for the Air Force’s efforts to work with small businesses to fund critical technologies for the warfighter,” according to a release. During ...
The Pentagon has started a daily dialogue with its top vendors as it attempts to measure and mitigate the impact of the COVID-19 crisis on the defense industry. Meanwhile, Boeing and Lockheed Martin said production on major acquisition systems like the KC-46 tanker and F-35 ...
Marillyn Hewson is stepping aside as head of Lockheed Martin, to be succeeded by board member James Taiclet, while Frank St. John steps up to be Chief Operating Officer. Taiclet is a graduate of the U.S. Air Force Academy with degrees in engineering and international ...
Daily Report: Read the day's top news on the U.S. Air Force, airpower, and national security issues.
Daily Report: Read the day's top news on the U.S. Air Force, air power, and national security issues.
Boeing has incurred another $148 million in losses for its KC-46 tanker program due to higher than expected manufacturing costs, as the company works with the Air Force to address continued deficiencies in the tanker’s capabilities. The company disclosed the losses in a Jan. 31 ...
Daily Report: Read the day's top news on the US Air Force, airpower, and national security issues.
