Four companies have each won a contract for initial development of a prototype for a consolidated ground system for new and existing missile warning satellites.
Global defense demand remains robust with $252 billion worth of allied contract awards expected over the next 24 months, according to investment bank Jefferies.
Supply chain issues affected Gulfstream Aerospace results during the first quarter, with deliveries down three from its plan, reports parent General Dynamics.
Publicly traded shares of aerospace and defense companies around most of the Western world ended 2019 about 34% above where they began a year ago, and 6% better off than major stock market indices, Wall Street analysts said in year-end reports.
