American business executive, former CEO of Rockwell Collins, former CEO of Boeing
Trump is rallying defense leaders and investors in Carlisle, Pennsylvania, to spotlight a robust defense budget and U.S. industrial ties amid concerns over war funding, inflation, and a volatile security landscape. The event features top defense officials and corporate leaders as Republicans push for greater investment while critics warn of deficits.
The Farnborough Airshow highlights a surge in defence and aerospace ambition. UK firms unveil the Brontanax unmanned combat aircraft demonstrator, while governments announce funding and orders that underpin a national push to lead in next‑generation air power and reindustrialisation.
Defense Secretary Pete Hegseth has told the Senate Appropriations Committee the US-Israel war on Iran has cost $37.5bn so far and that the Pentagon needs an $87bn supplemental request, including about $67bn for the Iran campaign. Lawmakers have challenged the figures, criticised shifting rationales for the conflict and warned funding gaps will force cuts to training and readiness.
The FAA has issued a final airworthiness directive requiring visual inspections of a forward "bear strap" and fuselage skin on certain Boeing 737 Max models. The rule, effective Sept. 10, covers about 471 U.S.-registered Max jets and mirrors inspections already mandated for older Next-Generation 737s after reports of cracks in that part.
Union members have rejected a tentative deal, prompting renewed negotiations as labor tensions intensify across the tech sector and manufacturing. Reports indicate the rejection will delay agreement, heightening pressure on employers to offer better terms.