The U.S. Air Force's top fighter pilot says the Trump administration's planned influx of funding should be targeted first to spare parts to address ongoing readiness issues.

Lockheed Martin will spend $1 billion to stockpile spare parts for the F-35.

L3Harris expects its new Missile Solutions unit, which combines Aerojet-Rocketdyne with critical missile systems, to generate $4.4 billion in revenue this year.

Hexcel is “going to push very hard” to grow its defense and space business in “the immediate future,” CEO Tom Gentile said.

Rising costs could trigger a $60-110 million reach-forward loss for Bell on the first production versions of the MV-75 tiltrotor aircraft.

Singapore and U.S.-based Epirus have signed a memorandum of understanding to advance high-power microwave (HPM) counter-drone capabilities.

Bangladesh has signed a government-to-government agreement with China Electronics Technology Group Corp. for drone technology transfer and domestic assembly.

The U.S. Commerce Department will invest $1.6 billion in Oklahoma-based USA Rare Earth and take a 10% stake in the firm.