The U.S. Navy awarded Raytheon a $344 million contract for the development of two Standard Missile variants with a common guidance section that will bring additional targeting capability to the American and foreign fleets.
The new SM-2 Block IIICU and SM-6 Block IU missiles will include increased targeting capabilities, helping the defensive Standard Missiles see additional kinds of threats…
Boeing’s defense unit recorded $222 million in losses in the first quarter of 2024 on two of its main fixed-price development programs, the KC-46A Pegasus refueling tanker and the T-7A Red Hawk trainer, the company announced Wednesday.
The KC-46 suffered a loss of $128…
The U.S. Air Force on Wednesday announced it selected Anduril and General Atomics to keep designing, building and testing its first batch of drone wingmen known as collaborative combat aircraft.
The decision on contract option awards marks the service’s most significant…
The Australian arm of defense company Lockheed Martin said it inked a contract to build the country’s Joint Air Battle Management System, considered foundational to the intercept of hostile missiles and aircraft.
The deal for JABMS, which will supply the command-and-control architecture for the country’s future air defense, is valued at AUD $500 million, or about U.S. $320 million, Lockheed…
The first F-35s to be delivered with a set of upgrades known as Technology Refresh 3 will initially be used for training flights, but will not be ready for combat until 2025, Lockheed Martin said in an earnings call Tuesday.
Lockheed chief executive Jim Taiclet told…
FORT NOVOSEL, Ala. — In the first half of fiscal 2023, more than a dozen U.S. Army aviators died in helicopter crashes, a startling number that prompted an aviation-wide standdown in April 2023.
The Army, after a thorough review, eventually lifted the standdown. But five…
SAN DIEGO, Calif. — The Defense Innovation Unit is working quickly to determine how and where to spend the nearly $1 billion Congress provided in March through the fiscal 2024 appropriations act.
The $983 million allocation, nearly $800 more than what DIU received last year, will support the growing organization’s mission to help the Defense Department quickly foster and field commercial…
The U.S. Army is revising its artificial intelligence bill of materials effort following meetings with defense contractors.
The service last year floated the idea of an AI BOM, which would be similar to existing software bills, or comprehensive lists of components and…
In February 2017, then-Air Force Chief of Staff Gen. Dave Goldfein issued a warning.
Speaking at the Center for Strategic and International Studies in Washington, Goldfein rattled off all the missions the Air Force must undertake: defending the U.S. against attack, operating…
The size of the U.S. Navy’s fleet and the debate over how to increase it took center stage at a Senate Appropriations defense subcommittee hearing Tuesday.
In particular, senators expressed concern after a recent study found multiple important shipbuilding programs are running years behind schedule.
The delays come “despite unprecedented support by Congress. Headlines and delays like this…
