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Pakistan International Airlines has been sold to a consortium of investors led by Arif Habib Limited, with the Pakistani government receiving 10 billion Pakistani Rupees in cash. The new owners will take full control from April 2026, retaining all employees for at least 12 months.

Pan Am Brands announced plans to relaunch the iconic carrier, with an initial focus on simulator training services provided by Avengers Flight Group. According to Ed Wegel, founder of Pan Am and Urban Mobility, the A320neo will be part of the airline's future fleet, subject to FAA and DOT approvals.

Paragon Flight Training has completed its strategic transition to an all-Piper aircraft fleet, according to Breaking Defense reports. This achievement marks a significant component of the flight academy's growth plans, with operations based at Page Field in Fort Myers, Florida, and additional locations in Punta Gorda, Florida, and LaGrange, Georgia.

The global fleet of just under 250 PC-21 training aircraft recently set a historic milestone with over 500,000 successful hours in the air. Breaking Defense reports that experience with current customers shows a 50% reduction in training costs.

The North Slope Borough Department of Search and Rescue has adopted the Pilatus PC-24 Super Versatile Jet for its medevac missions. The aircraft thrives in harsh conditions, including extreme cold and short runways.

Turkish low-cost carrier Pegasus Airlines has announced a $179 million takeover of Czech carrier Smartwings and its parent company Czech Airlines, subject to regulatory approval. The acquisition marks a significant milestone in Pegasus's international expansion strategy, combining the Turkish carrier's 127-aircraft fleet with Smartwings' 47 aircraft.

Pegasus Airlines has signed a deal with CFM International for up to 300 LEAP-1B engines, destined for the airline's future Boeing 737-10 fleet. The Turkish carrier has a long history with CFM International, having become the first LEAP engine operator in 2016.

The Pentagon's top acquisition official, Under Secretary of Defense for Acquisition and Sustainment Michael Duffey, recently announced plans to create several new Director for Major Weapons Program posts. The initiative aims to streamline the process and reduce bureaucracy, with program czars reporting directly to Deputy Defense Secretary Steven Feinberg.

The Pentagon has created a new role for managing the Air Force's next-gen bomber, fighter, and ICBM programs, with Lt. Gen.

The US Department of Defense is transforming its Permanent Change of Station task force into a permanent agency, with the aim of improving military moves. The Personal Property Activity will oversee household goods and vehicle shipment services, requiring investments in new IT systems.

The Pentagon is streamlining oversight in modeling, simulation, and training to accelerate capability delivery to warfighters. Undersecretary of Defense Michael Duffey announced at I/ITSEC 2025 that the department will reduce bureaucratic constraints, empower program managers with greater flexibility, and prioritize schedule adherence over rigid requirement fulfillment.

The Pentagon has completed its initial review of defense contractors, but needs more time to assess before finalizing a list of noncompliant companies that could impact stock buybacks and investor dividends. Defense Secretary Pete Hegseth was directed to work with each company to remediate issues and initiate actions through legal and regulatory channels.

The Pentagon has expanded its counter-drone authorities beyond the 'fence line' of Department of Defense installations, giving service chiefs and base commanders more flexibility to address growing drone threats. The Army-led JIATF 401 announced additional guidance allowing for expanded range in taking down threats, deeming unauthorized surveillance a threat, and designating special protections for facilities.

Congress has unveiled a $839 billion bipartisan defense spending package for fiscal 2026, Breaking Defense reports. The proposal includes funding for Army helicopter training programs and satellite upgrades, as well as other initiatives.

The Pentagon has failed its eighth consecutive audit, restating its goal for a clean audit by 2028. The yearly audit identified 26 material weaknesses and two significant deficiencies in the department's controls for financial reporting in fiscal 2025.

The US military is focusing on technology development driven by higher-tech threats overseas, with Undersecretary for Research and Engineering Emil Michael identifying China as a pacing threat. Despite priorities in the Americas, Michael emphasized the need for adaptation to emerging technologies like drones, hypersonics, directed energy, and artificial intelligence.

The Pentagon has given Anthropic until Friday evening to decide whether it will loosen its company policy regarding the military's use of its Claude AI model, or be deemed a 'supply chain risk.' This decision comes amid a brewing conflict between the Pentagon and the tech company over the firm's policy against the potential for Claude to be used as a tool of mass surveillance or in autonomous lethal weapon systems. Breaking Defense reports that the public missive is the latest in a days-long dispute, with Anthropic CEO Dario Amodei reportedly meeting with Secretary of Defense Pete Hegseth this week in an attempt to iron out the issues.

The Pentagon has agreed to invest $1 billion into L3Harris's solid rocket motors business, with plans to spin off the division as a separate company later this year. The department will take a direct ownership stake in the business, which will be publicly traded.

The Department of Defense has announced plans to make roughly 400 carefully picked patents available online for a free two-year trial period, as part of its efforts to boost innovation and collaboration with industry. The initiative is part of the Pentagon's top six Critical Technology Areas, and will be implemented using a longstanding public-private partnership called TechLink and an interagency database called iEdison.