If Lockheed Martin’s financial results for the first quarter and reaffirmed 2022 guidance are any indication, investors are unlikely to be either inspired or horrified about U.S. defense sector prospects for much of this year—regardless of hopes of spending growth or concerns over inflation and suppliers.

The coming overhaul of the U.S. Air Force’s bomber fleet to two aircraft will require a large-scale change in the service’s thinking and training after decades of conducting the same missions with a fleet of three bombers.

The U.S. Air Force plans to cut F-35A orders for a second year beyond the previously announced fiscal 2023 budget request, then start ramping up…

The U.S. Air Force’s surprise plan to cut to its buy of Sikorsky HH-60W helicopters comes as the service is conducting an internal, wargames-based review of what the future of the combat search and rescue mission will become.

As the service looks to cut KC-10s and KC-135s, it is expressing more confidence in the KC-46 despite continued deficiencies in its development.

The status of the Russian Navy’s Black Sea flagship is unclear after Ukrainian forces claimed to have severely damaged the warship with shore-based anti-ship missiles. 

Speaking alongside Sweden’s Prime Minister, Magdalena Andersson, in Stockholm on April 13, Finnish Prime Minister Sanna Marin told journalists that “everything had changed after Russia’s invasion [of Ukraine].” 

The U.S. Air Force faces a fight on Capitol Hill as it looks to get rid of dozens more of its aircraft while readily acknowledging that comes with instant risk.