Browsing Tag
United States Air Force
18 posts
CACI International wins $108m US Air Force contract as defence stocks fall
CACI International has received a five-year contract to sustain and modernise the United States Air Force's principal financial management system. The award strengthens its government software portfolio, but its financial contribution is modest relative to the company's $34 billion backlog, while wider defence spending expectations face renewed scrutiny.
Northrop Grumman (NYSE: NOC) backlog hits $110bn as 2027 growth test begins
Northrop Grumman's Q3 sales increased 7%, backlog reached a record US$109.6 billion and 2026 earnings guidance improved. The next test is converting defence demand into 5% to 7% expected 2027 sales growth while funding capacity expansion for B-21 and other programmes.
Trump defends Qatar’s Boeing 747 gift as Air Force One controversy returns
Donald Trump has renewed his defence of a Boeing 747 supplied by Qatar for potential use as Air Force One, praising the aircraft during campaign appearances in Arizona and Montana. The arrangement has attracted criticism over foreign gifts, conversion requirements and security oversight, with the aircraft's political and operational significance extending beyond its appearance.
Five arrested near RAF Fairford over alleged terror plot targeting US-used air base
Five men have been arrested near RAF Fairford on suspected terrorism and explosives offences after suspicious vehicles were reported heading toward the US-used air base.
Lockheed Martin gets $826m JASSM-LRASM award as missile contract tops $10.48bn
Lockheed Martin has received an $825.98 million modification for JASSM and LRASM large-lot procurement, pushing the cumulative contract value to $10.48 billion as the United States expands production of long-range strike and anti-ship missiles through 2030.
Trump secretly switched planes in Turkey after credible Iran assassination threat
Trump secretly left Turkey on a military jet after an Iranian assassination threat as Air Force One flew as a decoy with reporters aboard.
Anduril Industries company profile: How Palmer Luckey and his co-founders built a $61bn AI defence challenger
Anduril Industries has grown from a defence technology start-up into a $61 billion private company spanning artificial intelligence software, autonomous aircraft, counter-drone systems, precision-strike vehicles and undersea platforms. Its $2.2 billion revenue base and expanding government contract portfolio show genuine commercial scale, but manufacturing execution and limited private-company disclosure remain critical risks.
Palladyne AI just unlocked another $2.9m from the Air Force. Is deployment next?
Palladyne AI’s latest Air Force funding provides another government validation point for Palladyne IQ, but scaled deployments and revenue conversion remain the decisive tests.
General Atomics and Anduril win U.S. Air Force autonomous fighter production contracts
General Atomics and Anduril win U.S. Air Force CCA production contracts. Discover how autonomous fighters could reshape airpower and defence manufacturing.
B-52 crash at Edwards Air Force Base kills eight as bomber modernisation faces scrutiny
A fatal B-52 crash at Edwards has turned a test mission into a strategic safety test for America’s ageing bomber modernisation plan.