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 ...

Elbit Systems of America on Tuesday said it has completed its $380 million acquisition of Sparton Corp. in a deal that expands its work on naval systems. The acquisition also expands Elbit America’s footprint in the U.S. Elbit America is a subsidiary of Israel’s Elbit Systems [ESLT]. Sparton, ...

Lockheed Martin [LMT] on Monday named Bridget Lauderdale as the new head of its F-35 strike fighter program, succeeding Greg Ulmer, who became executive vice president of the company’s Aeronautics group on Feb. 1 following the death earlier this year of Michele Evans. Lauderdale is currently vice ...