Florida’s 45th Space Wing is aiming to keep as much regular order as possible as the coronavirus pandemic unfolds, reviewing launch plans and hoping the virus remains at bay. Patrick Air Force Base and Cape Canaveral Air Force Station aim to execute 49 military and ...
House Armed Services Committee Chairman Rep. Adam Smith (D-Wash.) told reporters April 7 the coronavirus pandemic will put more pressure on the armed forces to make smart investments and cut down on wasteful spending as the U.S. faces flattening budgets and tough economic times ahead. ...
Boeing has extended the suspension of operations at its Washington state production facilities, a move that could have long-term implications for the KC-46 program. The company announced April 5 it will extend the closure, citing “continuing focus on the health and safety of its employees, ...
The Air Force and Boeing have agreed on a plan to replace the cameras and other components of the KC-46’s remote vision system, addressing the biggest flaw with the service's new tanker. As part of the deal, the company will receive $882 million of previously ...
The proposed merger of Raytheon with United Technologies has been approved by the Securities and Exchange Commission, provided the two companies sell off some units that would otherwise give the new Raytheon Technologies a monopoly on some business areas. The new company will become the ...
Though the Lockheed Martin/KAI T-50A lost the T-X competition, the Air Force will lease a handful of the jets to train pilots ahead of their instruction in the new Boeing T-7A, according to a Korean newspaper. The pricing for the jets is being negotiated, according ...
Most industrial defense work is proceeding without interruption during the coronavirus pandemic, Pentagon acquisition and sustainment chief Ellen Lord said March 25., but lingering uncertainties prompted her to issue memos about how "critical" it is that those efforts continue. She also voiced concern that the ...
Massive spending to combat the coronavirus pandemic may suppress defense spending and therefore defense stock prices, which have tanked to the tune of more than 30 percent in the last month, according to defense and aerospace analyst Byron Callan of Capital Alpha. Congress may also ...
More than 500,000 aerospace production jobs are at risk in the COVID-19 slowdown, wrote the International Association of Machinists and Aerospace Workers, the principal aerospace workers’ union, in a March 23 letter to members of Congress. The union has asked for government help to preserve ...
The House and Senate Armed Services Committees are scrambling to learn more about how the coronavirus pandemic could affect the U.S. military, while also trying to keep the major annual defense policy bill on track. “The committee is in constant contact with DOD about its ...
England's Farnborough International Airshow and Royal International Air Tattoo, both originally slated to take place in July, have been canceled due to the new coronavirus pandemic, indicating the outbreak may have a long-term impact on the global defense industry. “After very careful consideration, the unprecedented impact ...
Assistant Secretary of the Air Force for Acquisition Will Roper recently announced the creation of AFVentures, which will serve as an “umbrella organization for the Air Force’s efforts to work with small businesses to fund critical technologies for the warfighter,” according to a release. During ...