New U.S. warship's $800,000-plus projectiles straining Navy's wallet

Nov 14, 2016

New U.S. warship's $800,000-plus projectiles straining Navy's wallet

The new guns on the Navy’s biggest and most advanced destroyer are going to be firing blanks if the Navy can’t find cost-effective projectiles. The GPS-guided, rocket-powered projectiles developed for the new 155mm Advanced Gun System currently cost about $800,000 apiece, nearly as much ...

First squadron of F-35 jets combat-ready: U.S. Air Force

Aug 3, 2016

First squadron of F-35 jets combat-ready: U.S. Air Force

The U.S. Air Force on Tuesday declared an initial squadron of Lockheed Martin Corp. F-35A fighter jets ready for combat, marking a major milestone for a program that has faced cost overruns and delays. The move is another achievement for the $379 billion program, ...

Northrop Grumman to build secret, next-generation U.S. bomber

Oct 28, 2015

Northrop Grumman to build secret, next-generation U.S. bomber

The U.S. Air Force said Tuesday it chose Northrop Grumman Corp., maker of the B-2 stealth bomber, to build its next-generation bomber, a highly classified, $55 billion project designed to replace the aging bomber fleet with an information-age aircraft that eventually may be capable ...