Business

CALGARY – WestJet has finally embraced its reputation as one of Canada’s most reviled airlines with the debut of its new company slogan: “Air Canada, but somehow worse.” The slogan was initially decried as false advertising, as regulators…

Boeing’s defense programs are caught in the crossfire after the company workers rejected a new labor contract and went on strike in the Pacific Northwest. Over 30,000 Boeing machinists have stopped working at the company’s…

The U.S. military has added nearly $1 billion to its unconventional efforts to use third parties to kick the nation’s submarine-building industry into a higher gear.On Tuesday, the Navy announced an up-to-$980.7 million contract to…

Northrop Grumman might seek to join the competition to build the Air Force’s sixth-generation fighter jet if the service rethinks its original requirements for the platform, the company’s CEO said Thursday.Air Force officials announced this…

Can Anduril Industries really produce a cruise missile faster and for one-third less money? Company officials say their new Barracuda line of air-breathing missiles will cost 30 percent less than comparable weapons and are designed to…

Russia is evading sanctions to acquire U.S.-made semiconductors and weapons components for use in Ukraine—largely through China, according to a new Senate report that led lawmakers to grill chip-making executives on Tuesday.“Manufacturers…

Weapons-builder RTX is working with General Atomics and Anduril to fit air-to-air missiles on the first set of Air Force drones that will fly and fight alongside fighter pilots in combat. The service has set RTX’s Advanced Medium…

The Air Force is making several changes as part of its effort to replace the aging Minuteman III intercontinental ballistic missile program after the service branch cancelled a large contract related to it.The service has twice…

Raytheon will pay a $200 million fine for the unauthorized export of defense technology to China, Russia, Iran, and elsewhere, the State Department announced today.The settlement will cover 750 violations of the Arms Export Control Act…

ALEXANDRIA, VA — California's minimum wage hike claimed another victim this week in the popular fast-food burger joint now formerly known as Five Guys. Following a massive round of layoffs, the fast-food restaurant is now down to only two…