The agency this week is issuing three concept development contracts for the new Multiple Object Kill Vehicle (MOKV) program, one each to Lockheed Martin, Raytheon and Boeing.
Volatile commodity prices and currency exchange rates threaten the defense spending outlook, but there are positive flip sides for governments and defense contractors alike.
Climate changes are making the northern reaches of greater economic and strategic interest, but the U.S. military has a long way to catch up to the Russians and other nations.
In agreeing to pay $37.2 billion for specialty metals and parts supplier Precision Castparts, Berkshire Hathaway CEO Warren Buffett signals his confidence that demand for large commercial jets will continue to outpace global economic growth.
A look at the obstacles that lie ahead for Lockheed Martin’s mammoth F-35 program, how its limitations with dogfighting is leading other militaries to tout maneuverability and how the U.K. is equipping other fighters with weapons that the F-35 can’t yet use. Amy Butler and Tony Osborne also spend a little time discussing this summer’s tanker blues.
The British government has committed to continue its involvement in the ongoing U.S.-led air campaign against the self-proclaimed Islamic State militants into 2017.