Global defense demand remains robust with $252 billion worth of allied contract awards expected over the next 24 months, according to investment bank Jefferies.
Development of the USAF’s intercontinental ballistic missile is falling behind schedule due to issues including workforce and infrastructure challenges.
A defense industry-sponsored report reveals that U.S. manufacturers cannot meet planned production and cost targets for a new class of hypersonic weapons.
The three contracts come less than two months after a presidential directive applied Defense Production Act Title III authorities for hypersonic programs.