What Happened
Defense Spending Boosts Aerospace Industry
The US military has awarded multiple contracts to various companies, including Oracle America, Lockheed Martin, and General Dynamics Electric Boat Corp. The contracts cover a range of services, including software, aircraft parts, and pilot training, with a total value exceeding $6 billion. Work will be performed across the US and internationally, with some contracts extending into the 2030s. The awards were reported by Aerotech News & Review.