Navy/USMC

Lockheed Martin [LMT] has won the Navy’s competition to modernize the Aegis Combat System, outdueling Raytheon [RTN] and Boeing [BA] to strengthen its grip on a program potentially worth billions […]

The F-35 Joint Strike Fighter jet has been cleared to resume operations after being grounded last week due to a crack in an engine turbine blade, the F-35 Joint Program […]

The USS Freedom (LCS-1) departed San Diego on Friday en route to Singapore for an eight-month deployment and the first major oversees operation for the first of the Navy’s Littoral […]

The impact of existing and looming budget cuts facing the Defense Department from an ongoing budget resolution and sequestration in FY ’13 alone would have a severe impact on some […]

The nominee for the Pentagon position of deputy acquisition chief heard plenty of complaints about the struggling F-35 Joint Strike Fighter program during his Senate confirmation hearing yesterday. Senators John […]

Huntington Ingalls Industries [HII] yesterday reported lower fourth quarter net income due to higher workers compensation and tax expenses while sales increased due to gains at both of the company’s […]

The National Steel and Shipbuilding Company (NASSCO), which builds and maintains Navy ships, has informed hundreds of workers that they could start losing their jobs by the end of April […]

The Navy expects to begin feeling the impact of the congressional budget turmoil on overall aviation readiness in July as it may have to reduce spending to cope with effect […]

The Pentagon is examining a problem with a component of an F-35 Joint Strike Fighter that caused smoke in the cockpit during a flight earlier this month, an official said […]

The Pentagon has suspended flights for its entire fleet of F-35 Joint Strike Fighters following the discovery of a crack on an engine blade during a routine inspection. The Pentagon’s […]