Three days after U.S. warships fired 47 cruise missiles at Sunni militant targets in northern Syria, the Pentagon signed a $251m deal to buy more Tomahawks from Raytheon Co., a windfall for the military giant and its many subcontractors.
U.K.-based aerospace manufacturing and logistical services firm Daher Aerospace is managing its fleet of reusable containers via a radio frequency identification solution provided by Waer Systems Ltd.
NASA on Tuesday awarded a pair of much-anticipated contracts, worth up to $6.8bn combined, to ferry astronauts to the International Space Station to Boeing and SpaceX in a deal that would allow the U.S. to launch astronauts into space from U.S. soil for the first time in years.
Boeing will build the biggest version of its 787 Dreamliner family exclusively in South Carolina at a nonunion plant it built five years ago. It's part of an effort to lower labor costs, but the company said organized labor had nothing to do with its decision.
The United States Senate Permanent Subcommittee on Investigations has issued its official report on the Air Force's failed enterprise resource planning system implementation. The Air Force Expeditionary Combat Support System (ECSS) was supposed to be a "transformational" logistics program that would make the U.S. Air Force more efficient and effective. The goal of the program was to replace hundreds of legacy systems, some dating back to the 1970s. But, after nearly a decade of work by the system integrator, Computer Sciences Corporation (CSC), and more than $1.1bn spent, the ECSS program was terminated in December 2012.
Arms-makers are going through a lean period. Some big contracts, such as ones to make bombers, trainer aircraft and drones, are still up for grabs in America, the world’s biggest spender. But it and other rich-world governments, struggling to curb their deficits, are trying ever harder to get the most bang for the fewest bucks.
For the first time in a decade, the Air Force has opened up a rocket competition to launch the U.S. government's most sophisticated national security satellites. The Air Force released a request for proposal on Tuesday to companies that want to compete for a national security mission set to blast off in 2016.
Boosted by an increase in sales, Monrovia,Calif.-based drone maker AeroVironment Inc. exceeded analyst estimates and reported $8.1m in fiscal fourth-quarter profit, a turnaround from the same period a year earlier.
TNT Express has been awarded a contract for the provision of international and domestic delivery services to Germany's leading engine manufacturer, MTU Aero Engines.