Business

FARNBOROUGH, UK—Raytheon officials say they need a third U.S. supplier of solid rocket motors to keep up with missile orders. “We are strategically looking at how we can have a third domestic source of rocket motors,” Barbara…

LONDON—Boeing’s defense business will take a fresh charge on the Air Force One program this quarter as the company works through major challenges while building the presidential jets, the division’s head said on Sunday. Expect…

RAF FAIRFORD, England—The Pentagon is withholding money from Lockheed Martin because the full upgrade for the latest version of the F-35 fighter jet isn’t ready, even though deliveries have restarted.On Friday, Lockheed resumed deliveries…

RAF FAIRFORD, England—The U.S. Air Force has reached a deal with Boeing for the new E-7 Wedgetail radar plane, more than a year into negotiations. But they had to bring in a former Pentagon official known for driving hard bargains to do…

For the second time in a row, the Farnborough Air Show will open as war rages on European soil—and for the second time in a decade, amid the prospect of a far less NATO-friendly White House.Everyone's waiting to see what happens in…

Deloitte Consulting has won a potential five-year, $2.4 billion contract to work with the Navy and Defense Department on their efforts to modernize and expand the submarine industrial base.Workforce development is one of several aspects…

The Pentagon will likely resume accepting new F-35s this month, a top Air Force leader said Wednesday, while also noting the service will choose the builder of its next fighter jet later this year. “Right now we're very much focused on…

SAN FRANCISCO, CA – Prominent video game CEO Matt Richter has just announced he’s only 10 layoffs away from earning the coveted ‘Decimated Industry” game industry achievement. “To think I’m just ten layoffs away from unleashing…

The Government Accountability Office has sent the Air Force back to the drawing board as the branch struggles to award a $12 billion contract for systems integration support of next-generation nuclear missiles.BAE Systems has held the…

The Pentagon is attempting “to be less hard to work with” on data and IT projects, its chief digital officer said recently.One way is to hold a series of industry days, starting in mid-July, Chief Digital and Artificial…