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Business/FinancialBoeing Begins Rebound, Turns A Profit On Higher Sales
It’s been a miserable two years for Boeing [BA] following the fatal crashes of two of its customers’ 737 MAX passenger jets in late 2018 and early 2019, which led […]
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Air ForceSenate Confirms Kendall as 26th Air Force Secretary on Voice Vote
The U.S. Senate on July 26 confirmed Frank Kendall as Air Force secretary by voice vote. Kendall served as the Pentagon acquisition chief during the Obama administration and is a […]
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Business/FinancialDefense, Commercial Power Raytheon Technologies To Strong Second Quarter
Raytheon Technologies Corp. [RTX] on Tuesday reported strong second quarter financial results, buoyed by the company’s defense businesses and a rebound in the commercial aerospace market as the effects of […]
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Navy/USMCBAE Wins $117 Million Contract To Build LRASM Seekers
BAE Systems said Monday it received a $117 million contract from Lockheed Martin [LMT] to produce new missile seekers for the latter’s Long Range Anti-Ship Missile (LRASM). BAE said this […]
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Business/FinancialDeloitte Acquires Consulting Firm Supporting Navy
Deloitte on Monday said it has acquired most of the assets of Sentek Consulting, Inc., a San Diego-based company that provides engineering and cybersecurity services primarily to the Navy. Terms […]
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Air ForceSaab Highlights Delivery of Second Aft Section for U.S. Air Force T-7A Red Hawk Trainer
Saab said on July 26 that the company has delivered its second aft airframe section for the U.S. Air Force T-7A Red Hawk trainer program to Boeing‘s [BA] St. Louis […]
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Business/FinancialLockheed Martin Posts Strong Second Quarter, Raises Earnings Guidance
Lockheed Martin [LMT] on Monday reported strong financial results in its second quarter driven by higher sales and non-operating improvements, continuing momentum from the first quarter and the company lifted […]
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Air ForceU.S. Air Force Joint Simulation Environment for F-35A, F-22, Other Platforms to Build on F-35 JSE
The U.S. Air Force intends that its Joint Simulation Environment (JSE) effort begun this year build upon the experience of the F-35 JSE under the F-35 Joint Program Office (JPO) […]
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Navy/USMCNavy Official Calls SSN(X) The ‘Ultimate Apex Predator’
A Navy official this week called the next-generation nuclear-powered attack submarine, SSN(X), an apex predator that will combine the best capability and technologies from three earlier designs. “We are looking […]
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Air ForceSASC Recommends Floor of 292 C-130s for U.S. Air Force
While the U.S. Air Force wants to mothball its oldest Lockheed Martin [LMT] C-130s and move to a fleet of 255 Hercules airlifters from 300, the Senate Armed Services Committee’s […]
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