Workers stand near KC-46A Pegasus aerial refueling jets at Boeing's airplane production facility in Everett, Washington, in 2021.

Workers stand near KC-46A Pegasus aerial refueling jets at Boeing's airplane production facility in Everett, Washington, in 2021. David Ryder/Getty Images

2024 in review: Business

The rise of the software contractors, wobbles among the old guard—and more defense-industry news of the year.

Are AI defense firms about to eat the Pentagon?
Competitors are becoming collaborators in the industry’s hottest segment.
Patrick Tucker, Science & Technology Editor


Eighteen ways Palantir wants the Pentagon to change
A conversation with the CTO of the self-described software prime contractor.
Lauren C. Williams, Senior Editor


Industry ‘hamstrung’ by Space Force-intel community’s turf war
Commercial firms say NGA-centric acquisition can’t move fast enough to help combatant commands or foster innovation.
Audrey Decker, Staff Writer


Boeing will look to ‘do less and do better’: CEO
Defense and commercial aircraft will remain at the company’s core, but “some things on the fringe” might have to go.
Audrey Decker, Staff Writer


One contractor is on the Space Force’s naughty list
The service has never confirmed putting companies on the blacklist until now.
Audrey Decker, Staff Writer


RTX moves away from competing as a prime for space contracts
COO: “We've got some other strengths in some of the key components that go in the prime satellites and buses.”
Audrey Decker, Staff Writer


RTX fined $200M for exporting defense tech to China, Russia, Iran
Among other violations, employees traveled abroad with unauthorized technical data about U.S. aircraft and other weapons.
Audrey Decker, Staff Writer


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.
Lauren C. Williams, Senior Editor


Australia got a new sub drone far faster than the US Navy could have, company says
Anduril says its Ghost Shark proves that UUVs can be designed and built quickly.
Patrick Tucker, Science & Technology Editor


New solid-rocket maker aims to start production next year
Ursa Major says 3D printing will help deliver missile motors more quickly and cheaply than today’s players.
Audrey Decker, Staff Writer