Boeing to lay off 10% of employees due to $2B loss in defense unit in 3 months
Boeing's defense business struggled in the third quarter of 2024 due to various issues, resulting in layoffs and losses. The...
Business
Lockheed picks new F-35 program leader from deputy chief
Lockheed Martin is appointing Chauncey McIntosh as the new leader of its F-35 fighter jet program, taking over from Bridget...
Will ULA be able to overcome the last obstacle for Vulcan?
Despite delays, United Launch Alliance (ULA) said its Vulcan heavy-lift rocket will fly two missions for the Space Force before...
President says Aerojet is climbing out of hole as it clears rocket backlog
When L3Harris Technologies bought Aerojet Rocketdyne for $4.7 billion last year, the rocket-motor-builder was thousands of motors behind schedule. Now,...
FBI Conducts Raid on Carahsoft Amid Accusations of Price-Fixing
Editor’s note: This story has been updated to affirm that it is unknown whether the raid was related to the...
Carahsoft defense contractor targeted in FBI raid
The FBI raided the headquarters of Carahsoft Technology Corp. in Reston, Virginia on Tuesday morning. Carahsoft is a provider of...
US Army’s $990M contract for loitering munitions put on hold due to protest
The U.S. Army has halted a contract with AeroVironment for Switchblade loitering munitions worth nearly $990 million due to a...
Army plans to purchase equal number of drones and munitions
The Army is interested in purchasing drones in quantities similar to munitions, aiming for large scale and quick acquisition. Plans...
New communications, intelligence, cyber system by Northop Grumman connects everything
National Harbor, Md.—Northrop Grumman will release a new “tool box” of connected technologies, physical processors and radar apertures as well...
Impending Boeing worker strike threatens Pentagon projects
Boeing's defense programs are caught in the crossfire after workers rejected a new labor contract and went on strike in...
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