Business

Trump Eases Restrictions On Armed Drone Sales Abroad

US says changes needed to compete with China, but critics say it may only alienate allies.

Progressives Mount Assault on Defense Spending Ahead of Stimulus Package, Election

During a House Oversight and Reform Committee hearing, one Democrat questioned defense firms access to coronavirus stimulus money.

New CEO Wants Lockheed to Become a 5G Player

And Jim Taiclet wants the government to underwrite its new direction.

US May Need to Nationalize Military Aircraft Industry, USAF Says

That’s unless the Air Force can find a way to keep both competition and the few remaining U.S. plane-makers alive, the service’s acquisition chief said.

We Need $10B to Pay Contractors’ Coronavirus Expenses, Pentagon Tells Congress

It’s the first time a defense official has put a specific price tag on DoD’s COVID relief efforts.

'How Much and How Fast': Biden Watchers Anticipate Defense Spending Crunch

Part 4: From the size of the US military to outdated 'legacy' weapons, experts say something has to give.

GM Believes Army Troop Transport Deal Is Jumpstart to More Military Work

Now the company has its sights on Marine Corps, international, and more Army contracts.

Lockheed Says It’s Hired 8,300 Since Coronavirus Hit

The company also says it sent $1.1 billion in accelerated payments to keep suppliers afloat amid COVID-19.

Top Navy Official ‘Very Concerned’ About Strike at Maine Shipyard

About two-thirds of Bath Iron Works’ workers walked off the job on Sunday.