Senator raises defense industry concerns over Boeing’s potential Spirit buy
Sen. Jerry Moran, R-Kan., says defense primes need more clarity about what happens to their programs if Boeing buys Spirit.
HASC adds Virginia-class sub, cuts F-35s in $849.8 billion draft defense policy bill
The bill sticks to budget caps laid out by the Fiscal Responsibility Act.
Modernizing defense enterprise IT without disrupting the mission
Government can’t stop to update systems, so modernization has to happen without interruptions.
Air Force nears Wedgetail deal with Boeing after jostle over costs
“We think we can substantially improve over what Boeing offered us. I would say we will not meet in the middle,” said Air Force acquisition czar Andrew Hunter.
Airbus US finalizes acquisition of Aerovel as it eyes low-cost drone market
Airbus would also likely respond to a recent request for information on drone capabilities that could replace the Navy’s MQ-8C Fire Scout uncrewed helicopters, said CEO of Airbus U.S. Space and Defense Rob Geckle.
Defense companies keep up momentum on share repurchases, despite Navy leader’s criticism
Capital Alpha Partners found that buy back amounts at defense contractors were higher this financial quarter for all but only four others since March 2011.
Chris Calio takes helm of RTX as new chief executive
Calio has overseen the reorganization of RTX into three business units, and has said the company will further de-emphasize its role as a space prime contractor.
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Answering the demand signal to move faster, field sooner, iterate continuously
As threats rapidly evolve, digital engineering, manufacturing capacity and robust supply chains are critical to meeting challenges.
House lawmaker hopes to resuscitate DoD’s venture fellowship program
Rep. Elise Stefanik criticized the Air Force’s decision to terminate a fellowship program that paired DoD personnel with the private sector as “shortsighted and misguided,”
‘Dead on arrival’: Key House appropriators oppose transfer of Guard units to Space Force
“The states need to be consulted, and need to be full partners moving forward in any major change such as this," said Minnesota Rep. Betty McCollum, the defense subcommittee’s top Democrat.
Air Force picks Anduril, General Atomics for next round of CCA work
The two vendors emerged successful from an original pool of five and are expected to carry their drone designs through a prototyping phase that will build and test aircraft.
Boeing takes $222 million loss on KC-46 tanker, T-7 trainer programs
Despite the charges, Boeing's plan to get its defense unit back to high single-digit margins by the 2026 timeframe “remains intact," Chief Financial Officer Brian West said.
Breaking Defense announces Breaking Defense Europe, a new, distinct, European edition
Breaking Defense Europe will launch May 4 with Tim Martin and Elisabeth Gosselin-Malo as co-editors.
Senate passes $95 billion foreign aid bill, as DoD eyes next Ukraine weapons package
Additional aid for Ukraine could be made available “within days” said Pentagon Press Secretary Maj. Gen. Pat Ryder earlier today.
Lockheed Martin projects potential $1 billion loss on classified program
Lockheed CFO Jay Malave said the company currently expects the program to become profitable on an annual basis around the 2028 timeframe.
House approves $95 billion defense supplemental with aid for Ukraine, Israel, Taiwan
The Ukraine bill passed in a 311-112 vote, the Israel bill passed in a 366-58 vote, and the Indo-Pacific bill passed in a 385-34 vote.
Move over FARA: General Atomics pitching new Gray Eagle version for armed scout mission
General Atomics will also showcase its Mojave demonstrator for the first time during the Army Aviation Association of America conference in Denver, a company spokesman said.