Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
defense business
House Armed Services Committee Chairman Rep. Adam Smith (D-Wash.) told reporters April 7 the coronavirus pandemic will put more pressure on the armed forces to make smart investments and cut down on wasteful spending as the U.S. faces flattening budgets and tough economic times ahead. ...
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
Boeing has extended the suspension of operations at its Washington state production facilities, a move that could have long-term implications for the KC-46 program. The company announced April 5 it will extend the closure, citing “continuing focus on the health and safety of its employees, ...
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
The Air Force and Boeing have agreed on a plan to replace the cameras and other components of the KC-46’s remote vision system, addressing the biggest flaw with the service's new tanker. As part of the deal, the company will receive $882 million of previously ...
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
The proposed merger of Raytheon with United Technologies has been approved by the Securities and Exchange Commission, provided the two companies sell off some units that would otherwise give the new Raytheon Technologies a monopoly on some business areas. The new company will become the ...
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
Though the Lockheed Martin/KAI T-50A lost the T-X competition, the Air Force will lease a handful of the jets to train pilots ahead of their instruction in the new Boeing T-7A, according to a Korean newspaper. The pricing for the jets is being negotiated, according ...
Most industrial defense work is proceeding without interruption during the coronavirus pandemic, Pentagon acquisition and sustainment chief Ellen Lord said March 25., but lingering uncertainties prompted her to issue memos about how "critical" it is that those efforts continue. She also voiced concern that the ...
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.