Nouvelles

Northrop Grumman officials cautioned that the B-21 Raider won't be profitable at first, though they see it driving future growth.

The F-16 fundamentals training course is expected to last several months, an Air Force spokesperson said.

U.S. defense company Northrop Grumman on Thursday raised its annual revenue target for the second time this year after its third-quarter earnings beat analysts' estimates helped by strong weapons demand.

Swedish defence contractor Saab reported on Thursday a jump in third-quarter profit helped by high demand and raised its full-year sales outlook, sending its shares up 7% in early trade.

Air France-KLM announced on Thursday a new financing agreement between one of its affiliate and funds and entities managed by Apollo Global Management in a bid to strengthen its balance sheet.

U.S. defense contractor RTX Corp and Israel's Rafael Advanced Defense Systems will build a missile manufacturing facility in East Camden, Arkansas, the companies said on Thursday.

The programs include GPS OCX, ATLAS and MGUE — three efforts that have faced repeated delays in recent years.

A $482 million loss on the VC-25B Air Force One program helped sink Boeing's defense sector's profits and lead to a nearly $1 billion quarterly loss.

“Our team here at Robins will identify what our weak points are, and be able to point us in the direction we need to go,” said Col. Josh Koslov.