Honeywell [HON] is growing its commercial and international space business to offset future changes in the military launch business.Honeywell Vice President of Space Systems Kurt Meister said Monday the company’s international portfolio has grown from a few million dollars about five years ago to nearly $50 million or $60 million today. Meister expects this portfolio to grow to about $100 million yearly in the next four or five years.Honeywell is moving mostly to Europe in its international expansion, Meister said,…
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Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]
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The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]
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Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]
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