Business/Financial
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Business/FinancialBoeing Swings To Loss In First Quarter As COVID Slams Company; KC-46 Suffers More Charges
As expected, Boeing [BA] took a wallop in its first quarter as a global economic hardship from the COVID-19 gouged first quarter financial results, mainly in its commercial businesses, but […]
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Business/FinancialCOVID-19 Impacts Hit GD’s First Quarter Results On Delayed Aircraft Deliveries
The ongoing coronavirus pandemic delayed General Dynamics’ [GD] deliveries of business jets in the first quarter, sending sales and net income lower. The company’s defense businesses overall reported slightly higher […]
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Business/FinancialNorthrop Grumman Opens 2020 With Higher Sales, Earnings; Lowers Guidance Due To Pandemic
Northrop Grumman [NOC] on Wednesday reported a solid increase in sales in the first quarter on increases across its operating sectors, although net income barely edged up as a pension […]
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AnalysisAnalysts: Defense Downturn Looming, Wave of Company Consolidation on Horizon
The national defense budget is likely to see a significant reduction within the next two years, both as a long-term effect of the COVID-19 coronavirus and in response to the […]
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Business/FinancialU.S. Restricting Exports Of Civilian Technology For Military End Use By Adversaries
The Trump administration this week published new regulations aimed at preventing adversaries from making use of civilian supply chains for military uses. “It is important to consider the ramifications of […]
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Advanced / Transformational TechnologyAir Force: Agility Prime Platforms Will Be ‘Gamechanger’ for Warfighter
A new electronically powered aircraft that can rapidly transport logistics and personnel across battlefields or through disaster zones will benefit the Air Force across a wide range of capability needs, […]
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Business/FinancialEmbraer Initiates Court Proceedings After Boeing Withdraws From Joint Ventures
Brazilian commercial and military aircraft manufacturer Embraer [ERJ] on Monday said it has “commenced arbitration proceedings” following Boeing’s [BA] announcement last Saturday that it has terminated an agreement with Embraer […]
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Business/FinancialNRO Deputy: ‘There’s a Big Issue’ With FCC’s Ligado Decision
As Defense Department officials and lawmakers have loudly protested the FCC’s recent decision to approve a new commercial L-Band network for 5G, the top military official at the National Reconnaissance […]
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Business/FinancialGermany Could Buy American for NATO Nuke Mission; Possible Boon for Boeing
Germany’s Federal Ministry for Defence wants the country to buy American for the future of the country’s nuclear-sharing mission with the U.S., urging the legislature to approve the purchase of […]
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Air ForceSpace Acquisition Leaders Discussing Ways to Support Industry During COVID-19
The Defense Department’s space acquisition leaders are convening to establish ways to keep its defense industrial base in business during the COVID-19 pandemic. Members of the Space Acquisition Council are […]
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