U.S. Department of Defense

Boeing Flies Navy Drone Tanker for First Time, Struggles With Air Force Tanker

With so much focus on Boeing Co.'s (NYSE: BA) problems with its 737 Max commercial passenger jet, it's not difficult to overlook the company's defense business. Boeing has two high-profile ...
Read Full Story »

Boeing Air Force Training Jet Gets an Official Name: T-7A Red Hawk

Almost exactly one year ago, Boeing Co. (NYSE: BA) won a $9.2 billion contract to deliver 351 trainer aircraft, 46 training devices, and other ground equipment to replace the U.S. ...
Read Full Story »

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

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 ...
Read Full Story »

US Air Force Accepts Delivery of First New Boeing Tanker

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 ...
Read Full Story »

Mattis Firing Delays Delivery of Boeing Tanker to US Air Force

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 ...
Read Full Story »

Lockheed Martin, Airbus Team Up to Supply a Tanker in Case the Air Force Needs One That Works

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" ...
Read Full Story »

Pentagon Weapons Full of Cyber Holes

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 ...
Read Full Story »

Boeing Notches Second Big Defense Contract in a Week, Wins T-X Training Jet

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 ...
Read Full Story »

Bezos Rocket Company Wins Engine Supply Contract

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 ...
Read Full Story »

Defense Stocks Feel Pressure From Proposed Defense Payment Changes

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 ...
Read Full Story »

Boeing Tanker Contract Boosted by $2.9 Billion

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. ...
Read Full Story »

Boeing Wins US Navy Contract for Drone Tanker

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 ...
Read Full Story »

Alleged Conspiracy Dogs Pentagon’s $10 Billion War Cloud Contract

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). ...
Read Full Story »

SpaceX Falcon Heavy Rocket Wins US Air Force Contract

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. ...
Read Full Story »

Boeing, Air Force Agree on KC-46A Tanker Delivery Date

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 ...
Read Full Story »