Activist Nuns, With Stake in Smith & Wesson, Sue Gun Maker Over AR-15 Rifles
Updated Dec. 5, 2023 3:49 pm ETA group of activist nuns filed an unusual shareholder lawsuit to pressure gun maker...
Defense Equipment/Products
WSJ News Exclusive | Chinese, American—It Doesn’t Matter. Israel Wants Inexpensive Drones.
Executives and financiers are hustling to get off-the-shelf drones to Israel for reconnaissance and rescue. Source link
U.S. Arms Makers Look Overseas to Boost Stockpiles
With demand for weapons surging in Ukraine and concerns rising about China, the Pentagon is supporting ‘friend-shoring’ manufacturing lines abroad....
Lockheed Martin Projects Higher Sales as War Boosts Orders
The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link
Drones Reach Stratospheric Heights in Race to Fly Higher, Longer
New military and commercial craft aim to go far higher than jumbo jets and stay there for months, offering a...
Elon Musk’s SpaceX Now Has a ‘De Facto’ Monopoly on Rocket Launches
The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link
Debt-Ceiling Fight Weighs on Defense Industry
Investors fear the fight could delay the passage of next year’s national-security budget—and hurt military contractors. Source link
WSJ News Exclusive | Automation Giant Faces U.S. Government Probe Over China Operations
The investigation of Rockwell focuses on whether its software might allow access to critical U.S. government and industrial infrastructure. Source...
Rocket Motor Shortage Curbs Weapons for Ukraine
BusinessEarningsLockheed Martin projects steady Ukraine-driven sales in 2023 Source link
WSJ News Exclusive | Pentagon Probes Why Boeing Staff Worked on Air Force One Planes Without Security Credentials
WSJ News ExclusiveNational SecurityAbout 250 Boeing workers had expired credentials that are needed to work on highly classified presidential jets...
Defense Contractor L3Harris Plans to Buy Aerojet Rocketdyne for $4.7 Billion
BusinessAerojet makes engines used in missiles, including the Javelin deployed in Ukraine Source link
SpaceX, Boeing and Lockheed Prepare Future Hardware for NASA’s Artemis Program
Companies behind NASA’s Artemis moon program—including SpaceX, Boeing Co. BA 0.52% and Lockheed LMT 0.63% Martin Corp.—are working on future...
Lockheed Martin Constrained by Supply Chain
Lockheed Martin Corp. LMT 4.71% said it is still grappling with parts and labor shortages, denting its hopes of increased...
Boeing Makes New Offer to St. Louis-Area Workers, Delaying Strike
Boeing’s proposed three-year contract offers new workers an $8,000 lump-sum payment. Photo: Ted Shaffrey/Associated Press Workers at three Boeing Co....
Old Navy to Scale Back Its Inclusive Sizing Strategy
Old Navy is scaling back an attempt to make women’s clothes more inclusive for all body types, after demand for...
Boeing’s Starliner Spacecraft Launches Toward Space Station in Do-Over Mission
A Boeing spacecraft blasted into orbit Thursday evening and began racing toward the International Space Station in what appeared to...
Biden’s Budget Calls for Increase in Defense Spending, Including Funds for Ukraine
WASHINGTON—President Biden on Monday released a $5.8 trillion budget that envisions a substantial increase in U.S. defense spending, a sign...
GE, Union Pacific Suspend Covid-19 Vaccination Mandates After Injunction on Biden Order
General Electric Co. , Union Pacific Corp. and other large employers have suspended Covid-19 vaccine requirements for workers after a...
Bezos’ Blue Origin Rebuffed in Its Protest of Moon Lander Contract
A federal agency upheld the decision to make Elon Musk’s SpaceX the sole winner of a contract to develop a...
