Wednesday, April 24, 2024
The Space Force is expanding across the service the readiness model it launched in 2022, which Chief of Space Operations Gen. Chance Saltzman called "the most drastic change accompanying the establishment of the Space Force" in a letter to guardians last week.
Boeing's defense unit has logged $222 million in losses since January on two major firm fixed-price contracts with the Air Force, the KC-46A and T-7A, Chief Financial Officer Brian West told investors today during a first-quarter earnings call.
With the Navy requesting only one Virginia-class submarine in fiscal year 2025, it is important that the sea service also fund a second, full shipset of Virginia materials to sustain the submarine supply chain, General Dynamics executives said today.
The Navy is planning to use multiship procurement to buy four amphibious warships and aims to put the vessels on contracts within a matter of weeks, Navy Secretary Carlos Del Toro said today.
The Navy wants to delay the addition of an advanced degaussing system on Arleigh Burke-class destroyers and install it on the next generation of destroyers -- a move it says would provide the service flexibility to balance warfighting capabilities with the expense and schedule constraints of future destroyer procurement.
Deliveries of F-35 Joint Strike Fighter aircraft are on track to resume this summer, albeit with a truncated version of Technology Refresh-3 software upgrades, top Lockheed Martin executives told shareholders today during a call to discuss the company's first-quarter earnings.
Boeing's defense unit has logged $222 million in losses since January on two major firm fixed-price contracts with the Air Force, the KC-46A and T-7A, Chief Financial Officer Brian West told investors today during a first-quarter earnings call.
The Navy views live, virtual and constructive training as an increasingly valuable capability because it allows the fleet to experiment and practice with new weapon systems and tactics without exposing them to adversaries, according to Vice Chief of Naval Operations Adm. James Kilby.
The Army is developing a "risk framework" for artificial intelligence as a key priority as the service looks to build out Project Linchpin -- the service's first pipeline for AI and machine learning.
The Defense Department announced the second tranche of projects selected to receive funding in fiscal year 2024 from the Accelerate the Procurement and Fielding of Innovative Technologies, known as APFIT.
Air Force Vice Chief of Staff Gen. James Slife said today that the service intends to award Collaborative Combat Aircraft contracts to two vendors.
The Senate voted 79-18 last night in support of a $95 billion defense supplemental package that would aid Ukraine, Israel and Taiwan, while also directing about $50 billion into the U.S. defense industrial base.
