Air Force

The U.S. Air Force has decided to terminate a project in collaboration with Elon Musk‘s SpaceX. The project was intended to test hypersonic rocket cargo deliveries from a remote Pacific atoll, as reported by a military publication. What Happened: The decision to...

Lockheed Martin Corporation (NYSE:LMT) shares are trading lower on Wednesday after announcing a $270 million contract with the U.S. Air Force. The contract is for the integration of next-generation infrared defensive sensors on the F-22 Raptor, enhancing the aircraft’s survivability and...

SpaceX CEO Elon Musk on Sunday said that he would file a suit against the California Coastal Commission following reports that it rejected the Air Force’s plan to give SpaceX permission to launch up to 50 rockets a year from Vandenberg Air Force Base citing his political comments on social...

Kratos Defense & Security Solutions Inc (NASDAQ:KTOS) shares hit new 52-week highs on Wednesday on what appeared to be continued strength from an U.S. Air Force award announced Tuesday. The stock also got a boost from strength across broader markets following the Federal Reserve’s...

Lockheed Martin Aeronautics, a unit of Lockheed Martin Corporation (NYSE:LMT), has been awarded a $520.4 million contract modification by the U.S. Air Force to produce the F-16 Viper Shield electronic warfare suite. What Happened: The contract modification, a fixed-price incentive, allows the...

The U.S. flew a B-1B bomber over the Korean Peninsula Wednesday morning. Amid greater escalation of tension in the region between North Korea and South Korea, how does it affect defense companies and exchange-traded funds (ETFs)? What Happened: The South Korean military announced the bombing drill...

U.S. Secretary of the Air Force Frank Kendall recently discussed SpaceX‘s involvement in Ukraine and the Pentagon’s future collaborative endeavors with the company. In a CNBC interview, Kendall addressed the controversy that arose last year when SpaceX CEO Elon Musk decided to withhold...

The U.S. Air Force is leveraging artificial intelligence for military use with its experimental aircraft, the XQ-58A Valkyrie, setting it apart from any consumer drone on the market. Engineered with AI, the Valkyrie can fly the width of China, carry missiles, and has the potential to significantly...

This article was originally published on The Fresh Toast and appears here with permission. In a big step for the military to join the 21st century in late September, the Air Force and Space Force announced a new pilot program that would grant certain applicants who test positive...

Cannabis use may no longer disqualify prospective applicants from joining the U.S. Air Force or U.S. Space Force as long as they stop consuming it once in the service. Recruits who otherwise qualified to serve but tested positive for THC at Military Entrance Processing Stations might be...

Captain America, Iron Man and Captain Marvel are superheroes and role models to kids and adults alike despite being fictional characters. Could the Marvel superheroes also be used as a recruiting tool by the United States military? What Happened: A new report from Disney fan blog Inside the Magic...

Boeing Co (NYSE: BA) was awarded a $2.1-billion contract Thursday with the U.S. Air Force to produce 15 KC-46 refueling tankers. This is in addition to the 12 KC-46s ordered by the Air Force on Jan. 12. Why It Matters: The airline industry has suffered through the pandemic with far fewer passengers...

Calling all contractors: The U.S. Air Force is seeking additional cyberspace protection for its combat assets in outer space. Clearance level? Top secret. The contractor inquiry comes in the form of a request for information (RFI) posted on the Pentagon’s procurement solicitation website....

Air Force Secretary Deborah Lee James said the Air Force One is no ordinary plane, given its top-notch security features. The statement comes after President-elect Donald Trump called for the cancellation of Air Force One order with Boeing Co (NYSE: BA) due to high costs. Trump tweeted “...