U.S. Department of War orders defense procurement overhaul to cut contractor costs, widen competition and speed weapons production
Deputy Secretary of War Steve Feinberg has ordered the department to reduce contractor accounting, audit and compliance requirements.
U.S. Air Force plans 1,000 autonomous aircraft by 2032 while Space Force confirms on-orbit weapons for joint force defense
The U.S. Air Force plans to field at least 500 Collaborative Combat Aircraft by 2032 and, with budget support, another 500 Mass Modular Aircraft.
U.S. Department of War takes $450 million equity stake in Elmet to secure tungsten for F-35, Patriot, THAAD and submarines
The U.S. Department of War has committed $450 million in redeemable preferred equity to The Elmet Group to expand domestic tungsten production.
AEVEX to deliver one-way attack systems for U.S. government customers as demand grows for scalable autonomous strike capabilities
AEVEX has secured $20.5 million in new awards to deliver and further develop one-way attack systems for U.S. government customers.
U.S. Navy plans first advanced nuclear microreactor at Indiana weapons base by 2028 to provide secure off-grid power for operations
The U.S. Department of War plans to install an advanced nuclear microreactor at Naval Weapons Station Crane in Indiana by September 2028.
U.S. Air Force projects F-15EX Eagle II full operational capability in early 2028 following Boeing production delays
The U.S. Air Force’s F-15EX Eagle II will not reach full operational capability until early 2028, at least six months beyond its approved July 2027 threshold.
U.S. Department of War says Air Force plans to nearly triple F-15EX Eagle II fleet to 268 aircraft under $36.9 billion programme
The U.S. Air Force is seeking to nearly triple its planned F-15EX Eagle II fleet, increasing the programme from 98 to 268 aircraft under the fiscal 2027 President’s Budget.
U.S. Department of War announces estimated $174 million equity investment to secure gallium supply through new Alcoa facility in Australia
The U.S. Department of War plans an estimated $174 million equity investment in a new gallium production facility at Alcoa’s Wagerup alumina refinery in Australia.
Pentagon report shows F-35 unit production costs rising across all three variants amid modernization and inflation pressures
The Pentagon has raised the estimated acquisition cost of the F-35 program to $536.2 billion, up $51 billion from the $485.2 billion recorded in its previous 2023 assessment.
Hegseth says $1.5 trillion defense plan will expand U.S. factories, provide long-term orders and accelerate weapons production
Secretary of War Pete Hegseth said the proposed $1.5 trillion fiscal 2027 defense budget would provide manufacturers with longer and more predictable order pipelines.
U.S. signs agreement worth more than $131 billion with Boeing for F-15 production, upgrades and global fleet support services
The U.S. Department of War has signed a multiyear framework agreement with Boeing valued at up to $131.2 billion for F-15 production and fleet support.
Oshkosh says its commercial manufacturing base can scale U.S. military vehicle output after building more than 25,000 JLTVs
Oshkosh Corporation highlighted the production scale behind its tactical vehicle business during a visit by Secretary of War Pete Hegseth, including more than 25,000 JLTVs manufactured since 2015.