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 ...
defense industry
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
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.
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 ...
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
More than 500,000 aerospace production jobs are at risk in the COVID-19 slowdown, wrote the International Association of Machinists and Aerospace Workers, the principal aerospace workers’ union, in a March 23 letter to members of Congress. The union has asked for government help to preserve ...
The House and Senate Armed Services Committees are scrambling to learn more about how the coronavirus pandemic could affect the U.S. military, while also trying to keep the major annual defense policy bill on track. “The committee is in constant contact with DOD about its ...
England's Farnborough International Airshow and Royal International Air Tattoo, both originally slated to take place in July, have been canceled due to the new coronavirus pandemic, indicating the outbreak may have a long-term impact on the global defense industry. “After very careful consideration, the unprecedented impact ...
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
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 ...
