A 13-year-old process finally concludes in 2022 with the contract award for the Future Long-Range Assault Aircraft.

The share price of AeroVironment plummeted more than 27% on Dec. 7 after the defense contractor and UAV specialist throttled back its financial forecast for fiscal 2022, citing supply chain issues, staffing shortages and delayed federal budget making.

Lawmakers’ compromise version of the fiscal 2022 defense policy bill calls for a large increase to the Pentagon’s budget, providing more aircraft and a big jump in the fund aimed at deterring China.

A guide to leaders shaping military programs in 2022.

The SDA’s Tranche 0 is slated to launch next September, one month before the agency officially joins the Space Force.

The U.S. Army is planning to deliver 24 of its 35 top modernization priorities by fiscal 2023, and if budget restrictions necessitate it the service will look first at cutting legacy systems and then so-called enduring programs to protect the new ones.

The U.S. Air Force has cleared the KC-46 to refuel five more aircraft types as part of a rollout of interim capabilities before the tanker is fully operational.

The U.S. Air Force’s MQ-9 is the only aircraft with the right capabilities for over-the-horizon surveillance and airstrikes in Afghanistan, though the service is phasing out the drone and giving U.S. Central Command fewer aircraft to fly the missions. But CENTCOM’s head of operations said he still agrees with the USAF plan.