Business

FARNBOROUGH, UK—Several U.S. defense companies are considering joint production inside Ukraine, but questions remain about the safety of doing business in a war zone, the persistence of corruption, and the long-term business case. The…

OTTAWA – Canada’s top oil producers have issued a joint statement saying government overregulation is keeping the country’s oil industry from having the same negative output as their United States equivalents. “Did you know that America…

A recent trek to southern California brought not only a trip down memory lane for this writer but also a case of sticker shock. Consider just some of the expenses that busted my food budget: $10.71 for a McDonald’s McMuffin meal; $15.93 for…

DAYTON, Ohio—The Air Force’s complex effort to put new engines and radars on its 1960s-era B-52 Stratofortresses is running billions of dollars over budget, according to service officials. The service wants to upgrade the…

Defense One Radio, Ep. 160: The 2024 Farnborough airshow - Defense One Skip to Content What you need to know about the defense industry - in your inbox. By Ben Watson and…

DAYTON, Ohio—The troubled KC-46 tanker has yet another problem Boeing has to fix on its own dime, the Air Force said Tuesday.It’s in the engine: vibrations from the fuel pump are damaging the tanker’s air ducts, said Kevin Stamey, program…

DAYTON, Ohio—The Air Force is pausing its sixth-generation fighter jet program as it weighs whether the companies in the running to build it have the right design, a move that’s likely to delay the service’s plans to pick a builder…

BRAMPTON, ON – Following news that Loblaws will settle a class-action bread price fixing suit for $500 million, the company has announced that all products sold in their stores will now carry a Bread Price-Fixing Settlement fee. The new fee…

Updated: 1:58 p.m. ET.FARNBOROUGH, UK—The price tag for F-35 Lightning II jets has been coming down for years, but that might not be the case in the production lots now being negotiated, Lockheed Martin officials said. Lockheed will be…

FARNBOROUGH, UK—“Talk to me, Goose—about our robot wingmen,” Maverick might say, if he were flying the F-15EX fighter jet, and if Boeing can sync up with the Air Force’s plans for collaborative combat aircraft. “As these missions…