Iridium will expand work with a European partner to help navigate new tariffs that could dent operating earnings by between $3 million and $7 million this year.
Recent Peruvian Air Force shifts in recapitalization plans reflect the service’s effort to balance long-term modernization with immediate operational needs, emphasizing combat effectiveness and national emergency response as top priorities.
Super Tier 1 suppliers are dusting off their pandemic playbooks over cost escalations during that crisis in order to manage the next wave of challenges.
The European Union wants to broaden the scope of some technology research funding efforts as part of its push to bolster the region’s defense industrial base.
Northrop Grumman lost an extra $477 million on early B-21 production, raising red ink on the first five annual lots of fixed-price contracts to over $2 billion.
Startup Beehive Industries is on track to start ground tests of its additively manufactured Frenzy engine next month, ahead of planned altitude tests with AFRL.