Revenues Up 2nd Year for Top 100 Defense Contractors
For the second straight year revenues for the Top 100 defense companies in the world have increased, suggesting the defense industry has weathered sequestration-related budget cuts and emerged stronger. Total 2017 defense revenues for the Top 100 companies came in at $375.4 billion, a 2.9 percent increase over the companies represented in the previous year’s Top 100 list.
GAO: On Drones, Safety Oversight Is Lagging
A recent GAO report finds that as the nation’s fleet of small recreational and commercial drones soars, federal enforcement oversight is stalling.
Small Drones = Big Problems in Middle East
The threat of small unmanned aerial systems overseas – especially in Iraq and Syria – has been a key focus of top leaders from across the Department of Defense. The problem has become so acute that top officials in the region have made counter-drones the top force protection priority.
Stallion Completes 1st Test Flight to Pax
The CH-53K King Stallion completed its first long-range test flight from West Palm Beach, Florida, to NAS Pax River.
