Featured Headlines

LM-F35 Business

Lockheed Martin completes 300th electro-optical targeting system for F-35

Lockheed Martin recently completed its 300th Electro-Optical Targeting System (EOTS) for the F-35 Lightning II stealth fighter. 

SECAF Defense

SECAF outlines Air Force priorities during speech

Secretary of the Air Force Heather Wilson discussed the state of the Air Force during the Air Force Association’s Air, Space and Cyber Conference Sept. 18, 2017.

CSAF Defense

Goldfein delivers Air Force update

Air Force Chief of Staff Gen. David L. Goldfein provided an update to his three focus areas during his remarks at the Air Force Association Air, Space and Cyber Conference in National Harbor, Md., Sept. 19, 2017.

army-equipment1 Defense

Army to prioritize top equipment programs in service-wide review

Over the next several months, some 820 equipment programs -- including combat vehicles, aircraft, and even gear worn or carried by Soldiers -- are expected to be rank ordered by their importance to the Army's war fighting mission, as a way to determine if the Army is spending its limited resources in the best ways possible.

LM-laser Business

Upgraded laser outguns threat in half the time

A Lockheed Martin prototype laser weapon system proved that an advanced system of sensors, software and specialized optics can deliver decisive lethality against unmanned aerial vehicle threats.


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Business

High product, labor costs lead to decline in Boeing’s profit

Posted  April 29, 2016

Aerospace giant Boeing saw its quarterly earnings plunge 9 percent compared to last year, with the Chicago-based company posting $1.2 billion in profits. Revenues were up 2 percent to $22.6 billion but that was not enough to offset higher costs for Boeing’s products and labor. Boeing is currently in the process of reducing its 160,000-person…

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Defense

Air Force awards GPS III launch services contract

Posted  April 29, 2016

The Air Force announced April 27 the award of the first competitively sourced National Security Space launch services contract in more than a decade.

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boeing-china-787
Business

Boeing, China Eastern Airlines finalize order for 15 787-9 Dreamliners

Posted  April 29, 2016

Boeing [NYSE: BA] and China Eastern Airlines April 28 finalized an order for 15 787-9 Dreamliners. The order, valued at nearly $4 billion at current list prices, strengthens China Eastern’s expanding long-haul fleet. “We are very happy to introduce the new 787 Dreamliners into our long-haul fleet,” said China Eastern Airlines Chairman Liu Shaoyong. “The…

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DoD

Carter: DOD’s fiscal 2017 budget request takes long view

Posted  April 29, 2016

The fiscal year 2017 Defense Department budget request must, of necessity, take the long view, Defense Secretary Ash Carter told the Senate Appropriations defense subcommittee April 27. The secretary said the long view is needed, “because, even as we fight today’s fights, we must also be prepared for what might come 10, 20, or 30…

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News

Headlines – April 29, 2016

Posted  April 29, 2016

News Marines’ deadly fighter jet to make its first ship-based deployment next year – The Marine Corps’ version of the joint strike fighter’s maiden deployment is set for late 2017 and its bound for the Western Pacific, the Navy’s top officer in the Pacific said Tuesday.     Business It’s official: Finmeccanica is now Leonardo…

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