Business

Troubled KC-46 Tankers Cleared for Limited Ops, Air Force Says

The decision will free up older aerial refuelers needed overseas. But the KC-46 still can gas up only some warplanes and needs more testing and new technology.

How China’s Digital Silk Road Is Leading Countries Away from the United States

Beijing is using technology products, markets, and training to secure influence with U.S. security partners, a IISS report finds.

Antitrust Regulators Extend Review of Lockheed’s Proposed Purchase of Aerojet Rocketdyne

The announcement comes the day after Raytheon’s CEO said his firm would challenge the deal.

New Plane Key to Special Ops Vision for Africa, General Says 

Air Force Special Operations Command is planning flight demonstrations in coming months.

Biden Extends Ban on Turkey Buying F-35 Stealth Fighter

Pentagon spokesman urges Ankara “not to retain” an advanced Russian air-defense system.

Hicks Warns Against ‘Extreme Consolidation’ in Defense Industry

Kathleen Hicks, President Biden's pick to be deputy defense secretary, cruised through her confirmation confirmation hearing.

Air Force Hunts for Ways to Use Not-Quite-Ready Tankers

We’re “making lemonade out of lemons,” Air Mobility Command says.

USAF Goes Commercial for Project-Management App

The service aims to accelerate its digitization by adopting product lifecycle management software already used by industry.

Northrop Grumman Says It Will Walk Away From Cluster Bomb Contract

The company's CEO says the decision is part of a move to "be thoughtful about potential human rights implications" of its products.

Lockheed Overtakes Boeing as Largest US Aerospace and Defense Firm

Boeing, which saw no defense revenue growth last year, takes another financial hit from the tanker program.

Raytheon Expects Biden to Block $500M Bomb Sale to Saudi Arabia

Yet industry executives believe foreign arms sales will remain a priority of the new administration.