Businesses faced a thorny mess in 2021 amid supply chain snarls, labor shortages and government budget uncertainty. Even so, there are signs of the global defense industry’s continued resilience.
Labor shortfalls rooted in the lingering effects of the COVID-19 pandemic remain a millstone around the neck of the defense industry, forcing firms to juggle staff, hold job fairs and find workarounds to keep operations running as smoothly as possible.
Defense Secretary Lloyd Austin has again ordered the Pentagon to postpone a planned test launch of an intercontinental ballistic missile, this time amid increased tension with China over Taiwan.
Maj. Gen. Francis Donovan, of the 2nd Marine Division and Task Force 61/2, has given Defense News an insider’s view of force structure and equipment involved in the realization of the Corps' Force Design 2030.
The Pentagon announced Monday it will send $550 million’s worth of new lethal aid for Ukraine, including ammunition for the High Mobility Artillery Rocket System as well as 75,000 rounds of 155mm artillery ammunition.
Amid pressure from lawmakers, the White House is weighing a September rollout for its long-delayed National Security Strategy, now being rewritten to emphasize Russia alongside China following the country’s invasion of Ukraine.
Radha Plumb, President Joe Biden’s nominee to be the Pentagon’s No. 2 acquisitions and sustainment official, pledged to find ways to bring down the costs of sustaining the systems it buys.
President Joe Biden met virtually on Monday with the chief executive of Lockheed Martin and other companies to spur forward a bill to boost semiconductor production in the United States.
The State Department cleared a possible foreign military sale of 96 Raytheon-made Patriot surface-to-air missiles to the Netherlands in a deal estimated to be worth $1.2 billion.
The U.S. will send four more high mobility artillery rocket systems to Ukraine in its next military aid package to strengthen Kyiv in what’s become a grinding artillery duel.
Lockheed Martin’s chief executive said Tuesday the U.S. and its allies are “changing gears” toward increased defense spending that will boost the company’s future sales ― but it will take time.