Finland fighter bids submitted; Air Force One’s costs rise; Pentagon’s R&D nominee; and Top Aces win renewal.

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.

Finland has received the best and final offers from governments in the bidding for the country’s HX fighter contest. 

Boeing used up less cash in the first quarter of 2021 than it did the year before, but the beleaguered aerospace and defense giant also brought in less revenue and still cannot hazard an official forecast of what finances will look like this year.

April is a stormy month in the Western world, and in aerospace and defense, it lived up to its reputation with the winds of change blowing through the C-suites of industry.

U.S. Marine Corps F-35 Joint Strike Fighters have arrived in the UK ready for their embarkation on the UK’s aircraft carrier HMS Queen Elizabeth for its first operational cruise at the end of May.

The U.S. Defense Department and industry must evolve rapidly to meet the sustainment challenges of a new era of rising tensions between great powers, a former Pacific Fleet commander said April 28.

Heidi Shyu, a U.S. Army acquisition bureaucrat during the Obama administration and veteran Raytheon executive, is President Joe Biden’s pick for undersecretary of defense for research and engineering.