U.S. Department of Defense

Delays Plague Lockheed Fighter, Boeing Tanker Plane Deliveries

In December, the U.S. Air Force lifted a three-month ban on Boeing Co. (NYSE: BA) KC-46 tankers that had prohibited using the plane to carry cargo and passengers due to ...
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US Chases Russia’s Hypersonic Missile Capability

Last month, Russia placed in service its Avangard hypersonic missile, a so-called boost and glide vehicle that is carried to the apogee of its flight by an intercontinental ballistic missile ...
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Will Northrop Grumman Stock Be a Top Performer Again in 2020?

Following the announcement last week that a U.S. drone attack had killed a top Iranian general, defense stocks got a tidy boost of between about 3% and 7%. Northrop Grumman ...
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After a Strong 2019, Are There Any Undervalued Defense Contractors?

Last week, the U.S. Senate passed the National Defense Authorization Act (NDAA), clearing the way for the president to sign the defense spending bill into law before Congress takes its ...
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US Army to Fund Rare Earths Processing Plant

The U.S. Army is planning to fund the construction of a processing facility that will prepare rare earth minerals, with the ultimate goal of making weapons and electronic gear, according ...
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Wall Street’s Predictions for Amazon vs. Microsoft in $10B JEDI Protest

The fight over the Pentagon’s Joint Enterprise Defense Infrastructure (JEDI) pact is going to continue for quite some time. Amazon.com Inc. (NASDAQ: AMZN) has formally filed its complaint after the ...
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Why Microsoft’s $10 Billion DoD JEDI Award Means More Than Just the Contract Itself

Microsoft Corp. (NASDAQ: MSFT) has won the lucrative $10 billion cloud computing contract from the U.S. Department of Defense (DoD) after months of evaluation. The move is an outright victory ...
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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 ...
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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. ...
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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 ...
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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 ...
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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 ...
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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" ...
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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 ...
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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 ...
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