Defense Contracts

President Donald Trump threatened to cut federal defense contracts awarded to Raytheon unless the company increases production and redirects capital toward manufacturing capacity. The comments come amid growing concerns about the health of the domestic defense industrial base, with Pentagon officials and lawmakers warning that US weapons production has failed to keep pace with rising global demand.

Electra Aviation has unveiled its EL9 plane, a hybrid-electric aircraft designed for ultra-short takeoff and landing capabilities. The company is courting the Pentagon as a new customer, citing the need for runway independence or agnosticism in military operations.