The U.S. Navy has awarded BAE Systems a $255.9 million contract for FY26 maintenance, modernization and repair work on USS ...

WASHINGTON — Lockheed Martin chief executive Jim Taiclet offered a warning during a quarterly earnings call this week, The government, he said, is putting too much risk on defense companies by flexing ...

Fiscal 2026 civil construction funds in the amount of $12,945,925 were obligated at the time of the award. U.S. Army Corps of ...

WASHINGTON — The U.S. Air Force’s next-generation tanker was supposed to be the ideal candidate for a fixed-price development program. Indeed, when Boeing first won the deal to build what’s now known ...

Defense CEOs hate them but once embraced them. The Pentagon oftentimes prefers them. Congress outlawed them, then mandated them, and then changed its mind again. In the end, all sides can come away ...

The purpose of this policy is to invoke careful analysis and review of firm-fixed price (FFP) opportunities to ensure that the benefits versus risks are favorable for UD. Because the potential ...

The Royal Australian Air Force has experimented with teaming drones up with piloted aircraft through its Loyal Wingman program, which uses Boeing's MQ-28 Ghost Bat. The U.S. Air Force is interested in ...

Boeing’s defence business continues to battle profitability challenges, led by the low-volume VC-25B presidential aircraft programme. Chief executive of the aerospace giant David Calhoun on 25 October ...

Boeing’s Defense, Space & Security unit continues to battle programme headwinds, with its second-quarter revenues having declined to just below $6.2 billion, from approaching $6.9 billion during the ...

Having millions and even billions of dollars recurring spending, the United States government and its federal agencies are known to be the world’s largest buyer of products and services. The federal ...

WASHINGTON — Military satellites acquired under fixed-price contracts get high praise in a report submitted to Congress by the Department of the Air Force. Two Space Force satellite programs — the ...

Last week NASA official Jim Free appeared before the Aeronautics and Space Engineering Board and Space Studies Board in Washington, DC. There are many of these review boards that act as outside ...