British defense secretary Gavin Williamson said Monday that Britain plans to deploy swarming combat drones that would complement the country's F-35 fighter jets.
The manufacturer reported disappointing cash-flow figures for its most recent quarter, something executives attributed to "diplomatic contretemps" related to a disputed arms deal between Canada and Saudi Arabia.
The Justice Department accused Lockheed Martin of fraud in connection with a nuclear kick-back scheme at a long-troubled cleanup site in Washington state.
In a new strategy document, U.S. military officials highlighted the need to move toward an enterprise-wide cloud strategy favored by commercial tech companies.
The two companies are trying to create a market for supersonic air travel that has been absent since the Concorde.
The Newport News-based shipbuilder Huntington Ingalls announced Thursday that it has been awarded a $15.2 billion contract for two Ford-Class aircraft carriers. It was seen as an unusual move for the Navy, which in the past has bought its carriers one at a time.
The Defense Department had planned to brief congress on the results of its department-wide financial audit in January 2019. Instead, it asked for more time.
The move comes as CACI has been working to build new lines of business in the military technology sector.
Boeing reported its best ever annual revenue for 2018 on Wednesday as it crossed the $100 billion mark for the first time, beating Wall Street’s expectations and sending the company’s stock soaring.
The law would make it easier for the government to spend more money at online retailers, such as Amazon, Grainger and Home Depot.