August 19, 2018

Revenues Up 2nd Year for Top 100 Defense Contractors

100 Defense

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.

Search Ends For Sailors After C-2 Crash

Search Ends For Sailors After Greyhound Crash

The US Navy called off the search for three sailors missing in the western Pacific last week. The three remained missing after a C-2 Greyhound carrier onboard delivery aircraft carrying 11 crew and passengers crashed Wednesday while on the way to the carrier USS Ronald Reagan.

GAO: F-35 Plagued With Problems

GAO Report F-35

A Government Accountability Office report says DoD’s new fleet of F-35 Lightning IIs is experiencing spare parts shortages and other sustainment problems that are hurting the readiness of the fighter jets.

X-47B Precursor to Larger UCLASS Fleet

The Northrop Grumman X-47B’s future is unclear and a debate about just how much strike capability UCLASS aircraft should provide is still underway.

Morning Coffee: DoD Contracts Continue Dive

DoD contracts fell 48 percent in February extending a drop that has awards near the lowest level in almost two years,

Crew Talks Disaster Relief

The Ronald Reagan Strike Group recalls providing disaster relief to the Japanese.