Business/Financial

Boeing [BA] has halted work at its production facility outside of Philadelphia, where it manufactures aircraft such as the H-47 Chinook heavy-lift aircraft, the V-22 Osprey tiltrotor and the MH-139A […]

Raytheon Technologies [RTX] CEO Greg Hayes last Friday said that the company will transfer some of its commercial workers to defense projects to help the newly merged aerospace and defense […]

The Air Force and Boeing [BA] signed two new agreements regarding to the KC-46A Pegasus program on Thursday, with one intended to provide the aerospace company with cash flow during […]

The Air Force and Boeing [BA] announced April 2 that they have agreed upon a solution to fix the remote vision system on the KC-46A Pegasus, in the hopes of […]

The House Armed Services Committee’s (HASC) top Republican has released a proposal meant to begin debate on acquisition reform efforts to be included in the fiscal year 2021 defense authorization […]

In response to current challenging conditions in the commercial aircraft market, Boeing [BA] on Thursday said it will offer a voluntary layoff (VLO) plan to eligible employees to minimize the […]

A bipartisan group of lawmakers representing Ohio have written senior Pentagon leaders, seeking guidance for its local contractor community related to the COVID-19 pandemic. The letter, written April 1, requests […]

The Navy has awarded Lockheed Martin [LMT] a $4.7 billion contract modification to build 78 F-35 Joint Strike Fighters over the next three years. The contract award, announced March 31, […]

The Department of Justice last Thursday evening agreed to the pending merger between United Technologies Corp. [UTX] and Raytheon [RTN] with one final caveat, that UTC divest its space-based optical […]

Lockheed Martin [LMT] last Friday announced a number of initial steps it is taking to help the nation and its local communities in response to the coronavirus pandemic, including making […]