Lockheed Retakes Korean F-16 Upgrade Contract
Lockheed Martin and the South Korean government have cemented a $1.2 billion contract for F-16 upgrades, marking an official victory for Lockheed over previous contract-holder BAE Systems.
Trump Administration Could Spark Small Increase to Defense Companies' R&D Spending
As the healthcare and technology industries kick their research-and-development spending into high gear, aerospace and defense companies’ own R&D funds are expected to remain stagnant over the next couple of years — although a small boost may be seen depending on whether President-elect Donald Trump grows the defense budget.
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