The leader of the U.S. House committee in charge of defense spending wants the Pentagon to move faster to appoint an executive in charge of space acquisition, but the Air Force is suggesting that Congress could play a role in speeding up the process.

The first U.S. Air Force B-1B Lancers returned to flight operations on May 3 after a safety stand-down, Air Force Global Strike Command said on May 6.

China’s Chengdu Aircraft Industry Group (CAIG) has signed a project agreement with Zigong Municipal People’s Government to build a dedicated unmanned aerial vehicle (UAV) industrial park in the city that will eventually see an annual output of 100 medium to large drones.

UK F-35s will see action again in the skies over Iraq and Syria, this time operating from the carrier HMS Queen Elizabeth. 

Egypt is planning to more than double the size of its Dassault Rafale fleet after inking agreements with France for 30 more aircraft. 

Italy has deployed its F-35 Joint Strike Fighters for Baltic Air Policing, the first time the fighter has been used for the mission. The Italian Air…

Sweden is proposing to replace Finland’s F/A-18 Hornets on a virtual one-for-one basis by offering 64 Gripen fighters for Helsinki’s €9 billion ($10.9 billion) HX fighter requirement. 

With mergers and acquisitions (M&A) in aerospace and defense expected to ramp up this year in the aftermath of the Covid-19 pandemic, another private equity (PE) group is jumping into the market.