Sweden is proposing to replace Finland’s F/A-18 Hornets on a virtual one-for-one basis by offering 64 Gripen fighters for Helsinki’s €9 billion ($10.9 billion) HX fighter requirement.
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.
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.
The USS Gerald R. Ford (CVN-78) has completed its Combat Systems Ship’s Qualification Trials (CSSQT), marking the end of the post-delivery test and trials phase, and is the U.S. Navy is now focused on the aircraft carrier moving toward full ship shock trials this summer.
The Pentagon is assessing what future contractor presence may look like for U.S. companies, especially those supporting aircraft maintenance, in Afghanistan after the military drawdown.
Two senior House Democrats are threatening to not support inserting additional F-35s over the base budget request in fiscal 2022 because of a laundry list of problems, including a large backlog the program is facing at the depots.
Bill Nelson, a former Democratic senator from Florida, soared through a hearing on his nomination to become the next NASA administrator before a Senate committee he once helped to lead.
As the U.S. Space Force plans to establish a Space Systems Command this summer, service leadership is already rallying Congress to alter the new command’s reporting structure for two important offices—the Space Development Agency and the Space Rapid Capabilities Office.
