The $8.44 billion in contracts awarded last month is the lowest in nearly two years.
Drone makers are encouraging the Federal Aviation Administration (FAA) to allow unmanned aircraft to fly over rural areas before a broader integration with commercial airplanes is completed.
The Arlington, Va.-based Association for Unmanned Vehicle Systems International (AUVSI) said the FAA should let non-military drones fly on a "limited basis" because tests of their impact on other airplanes is taking too long to complete.
"The FAA has been working on this NPRM since 2009," AUVSI President Michael Toscano wrote in a letter to FAA Administrator Michael Huerta. "Most recently, the FAA this month indicated that the small [Unmanned Aerial System] rule is now expected to be published in November 2014 – almost four years late."
A new report released today says Lockheed Martin has overstated the number of jobs its F-35 Joint Strike Fighter program creates by roughly double.
Northrop spent $20.4 million on lobbying in all of 2013.
End-of-year disclosures show biggest defense firms’ lobbying dipped slightly last year.
A man who worked for a defense contractor was arrested after allegedly attempting to send technical data on the F-35 joint strike fighter to Iran, Defense News reports.
The Justice Department is investigating export and import procedures at Honeywell in response to the contractor using Chinese-made parts in F-35 components, Reuters...
The Obama administration is coming under criticism for its arms exports and military aid policies, as South Sudan descends into chaos.
The Pentagon waived laws prohibiting Chinese-made parts on U.S. weapons repeatedly for Lockheed Martin F-35 fighter program in order to keep it on track, Reuters reports.
The aerospace and defense industry will grow 5 percent globally in 2014, despite the budget pressures to the defense sector, according to a new study from Deloitte.