Business

Northrop Grumman Says It Will Walk Away From Cluster Bomb Contract

The company's CEO says the decision is part of a move to "be thoughtful about potential human rights implications" of its products.

Business

Lockheed Overtakes Boeing as Largest US Aerospace and Defense Firm

Boeing, which saw no defense revenue growth last year, takes another financial hit from the tanker program.

Business

Raytheon Expects Biden to Block $500M Bomb Sale to Saudi Arabia

Yet industry executives believe foreign arms sales will remain a priority of the new administration.

Policy

‘The Ban Should Never Have Been Imposed’

Former Army Secretary Eric Fanning says it’s time for Congress to pass a law that protects transgender servicemembers.

Business

Austin Pledges to Recuse Himself from Military Decisions Involving Raytheon

The commitment is a huge win for Sen. Elizabeth Warren and other progressive Democrats pushing for stricter lobbying laws.

Policy

Roper Makes His Pitch To Biden Team: ‘I Want to Be Part of the China fight’

The Air Force acquisition chief says he keeps politics out of his work at the Pentagon — and that the U.S. will lose against China without agility.

Business

Former Air Force Chief Goldfein Joins Blackstone

The retired general picked the investment firm over opportunities at defense companies.

Science & Tech

Air Force Recommends Space Command Move to Alabama

With one week left on the job, Secretary Barrett picked Huntsville. The decision, however, is not final.

Policy

Donald Trump Won’t Attend Biden’s Inauguration. So How Will He Leave Washington?

The timing of the departure has numerous logistical implications, including the plane’s call sign.

Breaking News Business

Lockheed Martin Executive in Charge of F-35, F-22, Skunk Works Dies

Michele Evans, who was executive vice president of Lockheed Martin Aeronautics, had taken two medical leaves since 2019.

Policy

For Pentagon, Biden Picks Two Obama-era Policy Veterans to Help Austin

After passing on Flournoy, Biden taps Kathleen Hicks and Colin Kahl to be Austin's deputy defense secretary and undersecretary for policy.

Business

Lockheed’s Proposed Aerojet Rocketdyne Purchase Sets Early M&A Test for Biden

The new administration will weigh in on a further consolidation of the U.S. defense industry.