CEO Chris Calio emphasized the urgency of delivering critical products for national security, stating, 'We understand that our products are critical to national security. And I can tell you across the organization, we absolutely feel the responsibility and urgency to deliver more and to deliver it faster.'
The Islamic Revolutionary Guard Corps (IRGC) has threatened to strike 18 US technology and defense-related companies operating in the Middle East, including GE, which has contributed to a bearish sentiment among investors.
"To accelerate current weapons development timelines, DARPA is considering an alternative development paradigm to increase the nation's magazine depth and breadth."
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Claims that elite Western F-16 pilots are secretly patrolling Ukraine's skies have sent shockwaves through defence circles - but Kyiv insists it's all Ukrainian pilots in action, and no, Tom Cruise is not starring as Maverick over the skies of Ukraine. Reports from French outlet Intelligence Online suggested a top-secret international squadron of US and Dutch veterans was deployed on temporary contracts to intercept Russian drones and missiles using advanced Lockheed Martin targeting pods. But Air Force spokesperson Yurii Ihnat hit back, calling the reports "just rumours" from a source of dubious reputation.
We are aware of reports that a US F-35 aircraft conducted an emergency landing at a regional US airbase after flying a combat mission over Iran. The aircraft landed safely, and the pilot is in stable condition. This incident is under investigation.
Some aircraft succeeded even though they made life harder for the people flying them. They demanded constant attention, punished mistakes, and left little margin for error. Instead of relying on forgiving design, these platforms forced crews to compensate through skill, planning, and coordination. Over time, combat proved that the human element was the decisive factor behind their success. Here, 24/7 Wall St. is taking a closer look at these aircraft that embodied the human factor.
Two jets out of the four sent to Qatar have been allocated specifically to help Bahrain intercept incoming drones, as the US-Israel war with Iran has entered its second week. It comes as Foreign Secretary Yvette Cooper landed in Saudi Arabia on Thursday amid continued concern about Iranian threats to the Strait of Hormuz - a key artery for commercial shipping.
David versus Goliath stories captivate us, especially when David brings a slingshot that looks like alien technology. Enter Stavatti Aerospace, a 25-person firm from Niagara Falls taking on Boeing and Northrop Grumman for one of the most lucrative defense contracts in naval aviation. Their weapon of choice? The SM-39 Razor, a fighter design so visually striking it demands a double-take. The triple-fuselage "Batwing" configuration breaks from a century of conventional aircraft architecture, presenting a form that's more science fiction than traditional aerospace engineering.
Microsoft (NASDAQ:MSFT)'s $170 million Air Force cloud contract signals the massive defense modernization wave reshaping Pentagon technology buying. While Microsoft grabs headlines, the real winners are companies building hardware that protects American interests: fighter jets, missile systems, submarines, and bombers. These aren't software plays - they're steel, titanium, and composite fiber companies with decade-long backlogs and bipartisan budget support. We ranked the top five defense and aerospace stocks based on profitability margins, operational efficiency, balance sheet strength, and positioning in the defense modernization cycle.
The cost for the US and other militaries to keep newer combat aircraft ready to fly is going to soar in the coming years, a new report on sustainment trends argues. A new report from the American consulting firm Oliver Wyman projects global military aircraft spending over the next decade, including an annual sustainment cost growth of 1.1% through 2036. That's a pace roughly 11 times faster than the previous decade.