Business
How the Pentagon Plans to Manage Inflation in Contracts
Contracting officers are told to "be mindful" of rising costs but to "limit the scope" of adjustment clauses.
Business
Boeing’s F/A-18 Outshines Lockheed’s Flashy Hypersonic Jet in ‘Top Gun: Maverick’
But can the Super Hornet’s star turn keep the production line open?
Threats
Another US Hypersonic Missile Hits Mach 5 in Test, Air Force Says
Three different U.S. weapons have now demonstrated successful hypersonic flight.
Business
Raytheon Technologies Invests in Hypersonic Aircraft Startup Hermeus
It’s the first investment by the aerospace and defense giant’s new venture arm.
Exclusive
Business
Lockheed Secretly Worked to Block Airbus’ Influence in Washington—While Teaming on Major Pentagon Bid
Internal email reveals U.S. company’s pressure to deny Europeans’ application to powerful trade group.
Business
Navy, Microsoft Team Up for R&D—and the Rights to Sell What Emerges
The Seattle-based tech giant will get access to Naval Postgraduate School facilities and the chance to negotiate exclusive rights for technology it helps develop there.
Business
Boeing’s Low-Ball Defense Bidding Has Come Back to Bite Them
The company has lost billions of dollars and the pandemic is making things worse.
Business
CEO: Boeing Should Have Rejected Trump’s Air Force One Deal
The company revealed that it has lost $660 million outfitting the next presidential jets—so far.
Business
It Will Be Years Before Raytheon Can Build New Stinger Missiles
The U.S. has been sending its Stingers to Ukrainian forces battling Russia.
Business
Lockheed Is Delivering F-35s Late—But the Pentagon Is Also Buying Them Too Quickly, GAO Says
More than one-quarter of recent jets are arriving behind schedule, but ahead of planned components that will require costly retrofits, the watchdog says.
Business
Soldiers Will Have to Wait Until Next Year for New Rifle, Ammo
Sig Sauer’s decade-long contract to make the weapons leads off with a tiny order for quality testing.
Business
Inflation, Supply Problems Could Push F-35 Cost Higher Than Expected, Lockheed Says
Negotiations continue on three batches of jets—Lots 15 to 17—that were expected to be finalized last year.
Business
Pentagon, Industry Leaders Meet to Talk Replenishing Military Weapons Stockpiles
Top-level Pentagon meeting comes as the U.S. prepares to send more sophisticated and lethal weapons to Ukraine.
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