Lockheed Martin projects more than a billion dollars of losses on a classified program, but company officials said April 23 they are confident it will turn profitable by 2028 and become a "franchise" system in the U.S. military.
Rapid Acquisition & Sustainment
Brig. Gen. Luke C.G. Cropsey, or whoever succeeds him as the Department of the Air Force’s top acquisition official for command, control, and communications/battle management, is poised to take command of the new Air Force Information Dominance Systems Center. The service will also establish a program ...
William LaPlante said there’s been “significant improvement” in the program over the last decade, and program leaders can now “focus on the future of the F-35, instead of the past.”
The Air Force may have just flown the last test of the AGM-183A Air-Launched Rapid Response Weapon, its only hypersonic missile that may be ready for production. The Air Force zeroed the program in fiscal 2025, but won't say if the project is over.
Spending caps set under the Fiscal Responsibility Act shaved around two percent from the topline of the Air Force’s planned fiscal 2025 budget, and that reduction will have an outsized impact given constraints on what accounts can bear the cuts, Air Force acquisition executive Andrew ...
The Pentagon’s system of planning and budgeting needs a substantial overhaul, a blue-ribbon commission found, offering 28 recommendations that can help the Department of Defense deal with the quickening pace of technological change and increases in the threat, commissioners said.
The Department of the Air Force’s space acquisition boss called for industry to stop low-bidding contracts and for the Pentagon to only select realistic proposals on Feb. 23, arguing that failures to do so eventually forces the Space Force to “rob our future to pay ...
A slew of new Air Force organizations are being formed with the goal of putting tight focus on emerging requirements, integrating them across the force, and staying ahead of China. At least two are meant to offer competing ideas, to ensure the best approaches come ...
The Air Force has awarded contracts to five companies for its Collaborative Combat Aircraft program to design and build unmanned, autonomous aircraft to fly alongside manned platforms, a spokesperson confirmed to Air & Space Forces Magazine: Boeing, Lockheed Martin, Northrop Grumman, Anduril, and General Atomics.