A U.S. government document says the anti-submarine warfare aircraft will receive the same payloads that are being deployed on the Northrop Grumman MQ-4C Triton.

Riding high on the AI wave, Palantir posted revenue of $678 million in the second quarter, up 27% year-on-year and ahead of an analyst consensus of $653 million.

Military and defense industry officials want to solve both problems.

The U.S. Air Force has proposed a high-altitude balloon program as an option for the broader Replicator initiative to accelerate new autonomous systems.

The Parsons Corp. has acquired BlackSignal Technologies for $200 million a deal expected to enhance its technological capabilities and expand its customer base.

KAI is studying how to modify the design of the KF-21EX, the future Block 3 version of its KF-21 fighter, to ensure the program remains cost-effective.

Aerospace engineers 2Excel have begun adding lumps and bumps to a Boeing 757 that will help test the future GCAP fighter aircraft's potential sensor suite and mission systems.

The Pentagon has awarded BAE Systems’ FAST Labs a $22 million contract to develop advanced microelectronics for the defense industrial base.