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RTX will pay almost $1B for defrauding DOD, allegedly bribing Qatari official

That’s on top of the $200 million levied in August for illegal exports to China and elsewhere.

Bell presses on with FLRAA as Army cools on large programs

Service officials are banking on the future rotorcraft for a new air assault concept.

Boeing to cut 10% of workers as defense unit loses $2B in 3 months

Performance on fixed-price programs is “simply not where it needs to be,” CEO tells employees.

Can ULA clear the final hurdle on Vulcan?

The company is preparing to launch the heavy-lift rocket for the second time, on Friday.

Aerojet digging ‘out of this hole’ as it clears rocket backlog, president says

Thousands of motors behind schedule last year, the company says its deliveries are catching up again.

FBI’s Carahsoft raid comes amid allegations of price-fixing

The leading IT reseller is in the middle of an ongoing False Claims Act case involving multiple vendors.

FBI raids defense contractor Carahsoft

Company president says the agents were there "as part of an investigation into a company with which Carahsoft has done business in the past."

Protest puts US Army’s $990M loitering-munition contract on hold

The month-old sole-source award went to AeroVironment for its Switchblades.

Army wants to buy as many drones as it does munitions

The Army could theoretically acquire thousands—if not hundreds of thousands—of drones.

Boeing workers strike will hit Pentagon programs

KC-46, P-8 facilities affected in what was already expected to be another down quarter, company officials say.

Navy adds $1B to unconventional effort to boost sub production

A non-profit’s sole-source contract pushes third-party funding to a potential of nearly $4 billion.

Northrop might jump back into NGAD competition: CEO

Bids are in—but USAF’s “pause” may open new opportunities.

Anduril touts new, easy-to-build cruise missiles

The air-breathing “Barracuda” weapons are already flying, company execs say.

The big loophole allowing Russia to access US chips? China

“You can’t trust them,” one lawmaker admonished chipmaker execs.