Jump Aero has received a U.S. Air Force research contract of an undisclosed sum in support of the development of an electric vertical takeoff and landing aircraft that has potential defense application.

An AeroVironment subsidiary has won a one-year, $7 million task order to provide unmanned aerial system-based intelligence, surveillance and reconnaissance services to U.S. Special Operations Command.

The U.K.'s coalition government will set aside hundreds of millions of dollars to invest in its aerospace sector in a bid to jump-start growth in the sector. Reuters reports that Deputy Prime Minister Nick Clegg will announce the 10-year plan before Wednesday's budget proposal. Airbus, Bombardier and Rolls-Royce will contribute …

Northrop Grumman has made an investment in Deepwave Digital and partnered with the company to advance research-and-development work on artificial intelligence to enhance communications processing capability.

Kenneth Possenriede, an executive vice president and chief financial officer of Lockheed Martin, said the company is seeing strong demand for its Hellfire, Joint Air to Surface Standoff Missile and Patriot Advanced Capability““3 systems, Flightglobal reported Tuesday.

A new KippsDeSanto report has found that approximately 75 percent of dealmakers said they expect the number of mergers and acquisitions in the government services sector to climb by at least 5 percent this year. KippsDeSanto said Tuesday it polled 168 strategic buyers and executives from private equity groups who …

Christopher Kubasik, chairman, president and CEO of L3 Technologies, said he has seen an increased domestic and foreign interest in communications and sensor technology platforms, Defense News reported Wednesday. The report noted Kubasik also believes winning additional contracts will help drive the New York City-based firm’s goal of becoming what …

BAE Systems has refurbished a flight engineering simulator to help F-35 pilots prepare for flight trials on a new Queen Elizabeth-class aircraft carrier of the U.K. armed forces. The company said Wednesday it updated the simulator previously used for the Harrier jump-jet and Hawk jet trainer in an effort to help British airmen train for flights to …

Gen. David Goldfein, chief of staff at the U.S. Air Force, has said that he expected a shakeout in the military service’s $16 billion T-X trainer competition launched in late 2016 given the branch’s strategy to procure a new jet fighter training system, National Defense Magazine reported Tuesday. According to the story by Yasmin Tadjdeh, Goldfein told …

A new Deltek report says that President Barack Obama’s proposed fiscal 2016 budget reflects the administration’s efforts to increase spending on priority programs across the government. The company has estimated that overall contractor-addressable spending will grow 2 percent to $660 billion in FY 2016 if Congress approves the budget plan, …

A Deloitte analysis of 100 global aerospace firms has showed that commercial aircraft sector profitability jumped 16.3 percent in 2013, while revenues soared 8.9 percent. Global aircraft production last year was 31 percent higher than 2010 output levels and had more than double the production rate of a decade ago, …

A report from a private-public consortium found that one in three cybersecurity professionals believe California and the Greater Washington D.C. metro area are the top destinations for cyber innovation. Semper Secure’s Cyber Security Census also found 56 percent of cybersecurity professionals are motivated by the challenge of their jobs, 44 …

Science Applications International Corp. and has been in that role since March 2012. Previously, he was the president of SAIC's Intelligence, Surveillance and Reconnaissance Group and oversaw more than 12,000 scientists, engineers and business operations that provide technology services and products across the full spectrum of national security programs. Before joining SAIC in 2005, …

Lou Crenshaw serves as a principal for Grant Thornton where he leads the national aerospace and defense practice. He joined the company in 2007 and was most recently responsible for the defense and intelligence sector of the firm's global public sector practice. The retired Vice Admiral served in a number of roles …

Science Applications International Corp. announced Monday six initial appointments to the executive leadership team of its planned government technical services and enterprise information technology spinoff. As part of that announcement, the company announced the identity of that company’s chief executive and who will lead the other science-and-technology business (click over …