A California-based aerospace business that says it is neither a startup nor a private-equity firm has launched with $76.5 million in capital to deploy.
China has placed 11 U.S. drone companies on its unreliable-entity list and banned the export of dual-use technologies to another 16 American businesses.
Lockheed Martin is in advanced stages of identifying where it plans to put a weapons production site in Europe as it scales up output, a company official says.
The ability of an Aegis guided missile destroyer to detect, track and intercept a maneuvering hypersonic missile has been demonstrated in a simulated test.
Boeing's win of the F-47 aircraft contract from the U.S. Air Force is already boosting sentiment in the company while rival Lockheed Martin is taking a hit.
The first Z1 hybrid airship is to be delivered to Straightline in 2028 for initial cargo and humanitarian deployments to Brazil, Alaska and northern Canada.
The Singaporean Defense Ministry says it will upgrade its stable of Lockheed Martin M142 High Mobility Artillery Rocket Systems (HIMARS) to enable compatibility with more rockets.
Financial results for the leading aerospace companies for 2024 reveals RTX led the way for operating revenue with a reported turnover of $80.7 billion.