After almost 20 years of development, Russia’s new Mil Mi-38 heavy transport helicopter has started gaining orders.

Fort Worth-based Novaria Group, a holding company rolling up Tier 2 and 3 aerospace and defense suppliers, has changed ownership itself, with Rosewood Private Investments and Tailwind Advisors selling to major investment firm KKR.

The U.S. Air Force has “walked back” portions of a $30 billion reinvestment strategy based on objections by combatant commanders, chief of staff Gen. David Goldfein said on Jan. 27.

Poland’s government will sign a $4.6 billion contract for 32 Lockheed Martin F-35As on Jan. 31, Minister of National Defense Mariusz Błaszczak announced Jan. 27.

Astronauts on the fourth spacewalk to repair the $2 billion Alpha Magnetic Spectrometer found signs of a leak.

Japan is boosting its space exploration budget.

After describing the performance of military acquisition officials and defense contractors as a “nightmare,” U.S. Air Foirce Gen. John Hyten on Jan…

The U.S. Navy is conducting an environmental impact study that includes holding hearings in areas near potential sites for dismantling America's first nuclear-powered aircraft carrier.