U.S. Department of Defense

The Defense Industry Also Showed Up at the Paris Air Show

While the biennial Paris Air Show was dominated this year by news of commercial airplane sales by Boeing Co. (NYSE: BA) and Airbus, most of the major U.S. defense contractors ...
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Glock Protest Denied; Sig Sauer Will Make Army’s New Handgun

The U.S. Government Accountability Office (GAO) on Monday rejected a protest from gunmaker Glock seeking to overturn the U.S. Army's award of a 10-year, $580 million contract for its new ...
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Boeing Delivers First 737-8, Updates KC-46A Status, Says Will Build Training Jets in St. Louis

Boeing Co. (NYSE: BA) announced Tuesday afternoon that it had delivered its first 737 MAX 8 (737-8) to Malindo Air, a subsidiary of Indonesia's Lion Air. This is the first ...
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Half of Americans Believe Russia Now More Dangerous Than Ever

A recent survey by endpoint security platform provider Endgame showed that more than half (51%) of Americans think that Russia is more dangerous now than it was during the 40-year ...
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Boeing’s New Air Force Tanker Still Faces Problems

When Boeing Co. (NYSE: BA) reported fourth-quarter 2016 earnings in January, the company announced a $201 million charge to the KC-46A tanker program. That brought the total cost overruns on ...
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How Defense Stocks Reacted to Missile Attack on Syria

The U.S. missile attack against a Syrian airport marks a significant departure in U.S. Middle East policy that may indicate a greater willingness to use military force against the Syrian ...
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Boeing Pitches Navy to Drop F-35Cs, Buy F-18s

It's air-to-air combat, only with words and numbers, not bullets and missiles. The words and numbers are being fired in the latest push by Boeing Co. (NYSE: BA) to persuade ...
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US Air Force Names Overseer for Boeing’s Air Force One Program

The U.S. Air Force has apparently gotten the message that President Donald Trump sent earlier this year to Boeing Co. (NYSE: BA): the costs to build a fleet of two ...
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The Pentagon

Glock Officially Protests Army’s Choice of Sig Sauer Pistol

In late January, the U.S. Army ended a nearly decade-long competition to supply the service with a new handgun, awarding a contract valued at $580 million to Sig Sauer. Glock ...
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F-35B

Does Lockheed Martin Profit More From War Than Any Other Company?

Senator John McCain, chair of the Armed Services Committee, recently proposed that the defense budget rise to $640 billion, a huge jump from previous years. The committee suggested that spending ...
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M-346 Jet Trainer

Leonardo Back in the Running with Boeing, Lockheed for Air Force Training Jet

After parting company with two erstwhile U.S. partners, Italy's Leonardo has finally found a U.S.-based partner that can't refuse. The company's U.S. subsidiary, DRS Technologies, will be the prime contractor on ...
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Boeing T-X peek

Boeing, Lockheed: Mano a Mano for Air Force T-X Contract?

Just last week one of five potential bidders dropped out of the race for a $16 billion U.S. Air Force contract to supply 350 new T-X training jets. On Wednesday, another ...
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Lockheed T-50

Boeing, Lockheed May Duel Alone for Air Force Training Jet

The competitive bidding for a $16 billion contract to supply the U.S. Air Force with a new training jet may be winnowed from its current number of potential bidders. Aviation ...
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KC-46A F/A-18

Boeing Takes Hit on Tanker, Faces Less Competition for New Training Jet

It's another good news/bad news day for Boeing Co. (NYSE: BA). First the bad news: During its earnings conference call on Wednesday, the company said it took a fourth-quarter charge on ...
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The Pentagon

Smith & Wesson Big Loser as Army Picks Sig Sauer Pistol

The U.S. Army on Friday ended a nearly 10-year long competition to supply the service with a new handgun. The Army awarded a contract valued at $580 million to Sig Sauer, ...
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