Business

Boeing will look to ‘do less and do better’: CEO

Defense and commercial aircraft will remain at the company’s core, but “some things on the fringe” might have to go.

Threats

F-35 tech problems, protracted negotiations hit Lockheed finances

Officials also seemed to back off its goal of finishing the TR-3 upgrade by next spring.

Threats

F-35s still missing readiness goals, despite rising spending

The F-35 Joint Program Office’s “war on readiness” has yielded only small improvements since it was launched last year.

Breaking News Business

RTX will pay almost $1B for defrauding DOD, allegedly bribing Qatari official

That’s on top of the $200 million levied in August for illegal exports to China and elsewhere.

Business

Bell presses on with FLRAA as Army cools on large programs

Service officials are banking on the future rotorcraft for a new air assault concept.

Threats

Protest puts Army’s HADES spy plane on hold

The program is part of the service’s "No. 1 operational imperative," officials have said.

Business

Boeing to cut 10% of workers as defense unit loses $2B in 3 months

Performance on fixed-price programs is “simply not where it needs to be,” CEO tells employees.

Policy

NATO aims to publish its own commercial space strategy next year

The alliance document will resemble—but not duplicate—the Pentagon’s own recent plan.

Defense Systems

Secret space plane tests new orbit-switching maneuver

The aerobraking X-37B will use Earth’s atmosphere to change its altitude using minimal fuel.

Threats

Industry ‘hamstrung’ by Space Force-intel community’s turf war

Commercial firms say NGA-centric acquisition can’t move fast enough to help combatant commands or foster innovation.

Business

Can ULA clear the final hurdle on Vulcan?

The company is preparing to launch the heavy-lift rocket for the second time, on Friday.

Threats

VIDEO: Russian fighter jet nearly sideswipes US F-16

U.S. officials said the "unsafe, unprofessional" move “endangered all.”

Business

Aerojet digging ‘out of this hole’ as it clears rocket backlog, president says

Thousands of motors behind schedule last year, the company says its deliveries are catching up again.

Threats

Dueling robot wingmen take the stage

Questions of survivability, missions, and sustainment of CCAs still linger.

Threats

Test B-21 flying up to twice a week, Northrop reports

Meanwhile, the Air Force has released its first-ever footage of the bomber in flight.