U.S. Department of Defense

Air Force One Costs Jump by a Third to $5.3 Billion

Posted: March 19, 2019 at 8:10 am

Even before Donald Trump moved into the White House after the 2016 elections, he made a special point of going after the Boeing Co. (NYSE: BA) contract to supply two ...
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US Air Force Accepts Delivery of First New Boeing Tanker

Posted: January 10, 2019 at 12:40 pm

After long delays that have cost Boeing Co. (NYSE: BA) more than $3 billion, the company announced Thursday that the U.S. Air Force has accepted delivery of the first of ...
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Mattis Firing Delays Delivery of Boeing Tanker to US Air Force

Posted: January 2, 2019 at 8:40 am

After long delays that have cost Boeing Co. (NYSE: BA) more than $3 billion, the company was all set to deliver the first new KC-46 tanker to the U.S. Air ...
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Lockheed Martin, Airbus Team Up to Supply a Tanker in Case the Air Force Needs One That Works

Posted: December 5, 2018 at 7:30 am

Lockheed Martin Corp. (NYSE: LMT) and European aircraft maker Airbus announced Tuesday morning that the two companies have signed a memorandum of agreement to "explore opportunities" to meet "growing demand" ...
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Pentagon Weapons Full of Cyber Holes

Posted: October 10, 2018 at 9:45 am

A new report from the U.S. Government Accountability Office (GAO) released Tuesday found "mission-critical cyber vulnerabilities" while testing new Department of Defense (DoD) weapons systems. The GAO also noted that ...
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Boeing Notches Second Big Defense Contract in a Week, Wins T-X Training Jet

Posted: September 28, 2018 at 7:55 am

The U.S. Air Force announced Thursday that Boeing Co. (NYSE: BA) has been awarded a $9.2 billion contract to build the service's next training jet. The so-called T-X will replace ...
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Bezos Rocket Company Wins Engine Supply Contract

Posted: September 27, 2018 at 10:25 am

Blue Origin, a space-transportation firm owned by Amazon.com Inc. (NASDAQ: AMZN) founder and CEO Jeff Bezos, has reportedly won a contract to supply engines for a new Vulcan rocket being ...
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Defense Stocks Feel Pressure From Proposed Defense Payment Changes

Posted: September 20, 2018 at 3:25 pm

Thursday may have seen a record-breaking high for the Dow Jones Industrial Average and for the S&P 500. Just don't bother telling that to the top defense companies with ...
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Boeing Tanker Contract Boosted by $2.9 Billion

Posted: September 11, 2018 at 9:40 am

The U.S. Air Force on Monday awarded Boeing Co. (NYSE: BA) a contract valued at a total of $2.9 billion for a fourth production lot of 18 additional KC-46A tankers. ...
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Boeing Wins US Navy Contract for Drone Tanker

Posted: August 31, 2018 at 7:55 am

The U.S. Navy on Thursday awarded a contract to The Boeing Co. (NYSE: BA) to design, build and deliver four MQ-25A unmanned air vehicles (drones) that will serve as refueling ...
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Alleged Conspiracy Dogs Pentagon’s $10 Billion War Cloud Contract

Posted: August 21, 2018 at 9:55 am

In late July, the U.S. Department of Defense began accepting proposals for a contract to provide the Pentagon with a cloud program known as the Joint Enterprise Defense Infrastructure (JEDI). ...
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SpaceX Falcon Heavy Rocket Wins US Air Force Contract

Posted: June 22, 2018 at 8:15 am

Space Exploration Technologies, better known as SpaceX, on Wednesday was awarded its first-ever U.S. Air Force contract to fire a classified military satellite into space using its Falcon Heavy rocket. ...
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Boeing, Air Force Agree on KC-46A Tanker Delivery Date

Posted: June 21, 2018 at 7:25 am

One could be forgiven for thinking that Boeing Co. (NYSE: BA) and the U.S. Air Force would have agreed long ago on a date for first deliveries of the new ...
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Protecting US Dams From Cyberattacks

Posted: June 17, 2018 at 9:06 am

The U.S. Department of Interior's Bureau of Reclamation earlier this month awarded a $45 million, five-year indefinite-delivery, indefinite-quantity contract for IT risk management services to two private companies. The two ...
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A New Breakdown for the Navy’s New Aircraft Carrier

Posted: May 9, 2018 at 12:25 pm

In January of this year, the USS Gerald Ford, the Navy's new $13 billion aircraft carrier, experienced a problem with one of its four main thrust bearings that forced to ...
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