The Army has placed a $436.7 million order with Boeing [BA] for AH-64E Apache helicopters, the Pentagon announced Tuesday evening.  Work on the deal is expected to be completed by the end of February 2025. Brig. Gen. Rob Barrie, the Army’s Program Executive Officer for Aviation, said last month ...

Huntington Ingalls Industries [HII] announced the release of its new small-class REMUS 300 unmanned underwater vehicle (UUV) on April 19. HII said the new vehicle can go up to 305 meters deep, includes endurance options of up to 30 hours, has a removable one terabyte hard drive, and can reach ...

Raytheon Technologies [RTX] said this week that its Germany-based Raytheon Deutschland GmbH subsidiary has developed a passive, digital electronic intelligence (ELINT) system–the Advanced Radar Detection System (ARDS)–that will allow aircraft to escape detection while collecting ...

Boeing [BA] on Tuesday said its board has extended the mandatory retirement age for current CEO Dave Calhoun from age 65 to 70, providing stability at the top of the company’s leadership as it continues to navigate the return to service of its 737 MAX commercial aircraft and impacts to operations ...

Lockheed Martin [LMT] on Tuesday posted solid results in its first quarter with earnings and sales higher and the company increased its outlook this year for the top and bottom lines. The higher earnings in the quarter were aided by a gain in the company’s Ventures Fund business that invests in ...

The Department of Energy on Tuesday launched a 100-day sprint to strengthen the cybersecurity of electric utilities’ industrial control systems (ICS) to protect operations from increasing cyber threats, part of the Biden administration’s initiative to bolster cyber protections for critical ...