The Launch Merger Inches Forward: Boeing and Lockheed Martin have a Federal Trade Commission-approved draft agreement that would permit the two companies to proceed with their plan to merge rocket launch services into a new venture, the United Launch Alliance. However, there are conditions. Both companies are reviewing the agreement provisions.
USAF to Cut F-35 Buy in Future Years Defense Plan
May 14, 2021
The Air Force wants to scale back buys of the F-35 over the next five years, hoping to get sustainment costs down and to wait for the more capable Block 4 version, according to talking points prepared for Chief of Staff Gen. Charles Q. Brown Jr. The reduced buy will…