A supplier of niche aerospace and defense components, Loar Holdings, projected confidence in its business prospects during a fourth-quarter earnings call.
The U.S. is moving to reduce its mineral dependency on China as technology, trade and geopolitical frictions rise between the world’s two largest economies.
Boeing has won a contract to develop the F-47 next-generation combat aircraft for the U.S. Air Force which throws a lifeline to the company’s struggling military aviation business.
Europe’s air forces need to relearn vital suppression and destruction of enemy air defense skills in a bid to restore their air power advantage, experts insist.
The DOD is also in the midst of acting on an order from Defense Secretary Pete Hegseth to reallocate 8% in funding among the services to higher priorities.
The FAA will reinstate 132 technical employees who were summarily fired as part of the Trump administration’s campaign to downsize the U.S. government.