Business

Lockheed Expects Revenue Decline Amid F-35 Cuts, Afghanistan Pullout

CEO Jim Taiclet also said the company's purchase of Aerojet Rocketdyne is delayed.

Business

Raytheon: Vaccine Mandate Will Likely Add to Supply Chain Disruptions

But CEO Greg Hayes says his business will boom if everyone would just get the shot.

Business

Defense Firms Pitch Arms, Gear to an Army Looking for Relevance in the Pacific

On Wednesday, Lockheed Martin will attempt to fire a new weapon nearly 500 kilometers.

Business

Bell Picks Rolls-Royce Engine for V-280 Valor in Army Black Hawk Replacement Contest

The move dramatically increases the horsepower of the V-280 over the General Electric engines it uses today.

Business

Lockheed Opens New Hypersonic Weapons Factory In Alabama

The manufacturing plant is the third digital factory opened by the world’s largest defense contractor this year.

Business

Defense Business Board Relaunches After Pentagon Review

Former Air Force Secretary Deborah Lee James named chair of the diverse advisory board.

Business

Just Half of Workers at Two Critical Shipyards Are Vaccinated

The sobering numbers offer a snapshot of defense contractors’ struggle to get workers vaccinated.

Policy

Trump’s Red, White & Blue Air Force One Paint Job is Not Final, General Says

The concept image is “just something that’s on a paper,” according to Air Force acquisition official.

Threats

Air Force Secretary Warns of China’s Burgeoning Nuclear Arsenal, Reveals B-21 Detail

Frank Kendall also criticized Congress for not allowing the Air Force to retire old, unneeded warplanes and questioned the need for hypersonic weapons.