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Former Air Force weapons chief tapped as Pentagon’s lead arms buyer

Bill LaPlante, who left the Pentagon in 2015, has spent the past six years working on technologies the military craves. President Biden said Tuesday that he would nominate the former Air Force weapons chief to become the Pentagon’s top arms buyer. Politico first reported his nomination. Autonomy, machine learning, and other software, to name a few such

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Futures Rebound Fizzles On Slowing iPhone Demand, Omicron Fears

Futures Rebound Fizzles On Slowing iPhone Demand, Omicron Fears U.S. index futures regained some ground alongside Asian markets while European stocks slumped to session lows in a delayed response to yesterday’s late Omicron-driven US selloff, as markets remained volatile following the biggest two-day plunge in more than a year, spurred

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Boeing Shares Soar As China Clears 737 MAX To Fly Again

Boeing Shares Soar As China Clears 737 MAX To Fly Again Shares of Boeing are higher in U.S. premarket trading Thursday after China’s aviation authority issued an airworthiness directive on the 737 MAX, and the planemaker’s engine supplier provided a positive outlook.  After more than two and a half years,

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Quantum computing would get boost in Senate defense bill

As the Senate takes up its version of the annual defense policy bill this week, one of the provisions tucked into the legislation would boost funding for U.S. quantum computing efforts. The Senate’s version of the National Defense Authorization Act would add $100 million on top of the $430 million

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China clears Boeing 737 Max to fly again

BEIJING (AP) — China’s aviation regulator cleared the Boeing 737 Max on Thursday to return to flying with technical upgrades more than two years after the plane was grounded worldwide following two fatal crashes. China is the last major market where the Boeing 737 Max was awaiting approval after the

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