Israel-based defense contractor Elbit Systems, which has a major U.S. subsidiary, acknowledged issues in its operations on April 13 and said it started carrying out unspecified “cost-control measures to help limit the financial impact on the company.”

A Lockheed Martin employee working at the Fort Worth facility where the F-35 is assembled died several days after informing the company he felt ill with COVID-19-like symptoms, Lockheed said on April 13. 

Arlington Capital Partners, a private equity group focusing on aerospace and defense, is bolting on more assets to its AEgis Technologies brand for U.S. national security customers.

Key aerospace and defense suppliers Woodward and Hexcel have called off their planned merger due to the novel coronavirus outbreak, ending a three-month saga that always baffled many industry insiders and has since been overtaken by survival necessities.

The workforce cuts are the second wave to be unveiled this year by the key supplier of proprietary aerospace and defense parts.

The Pentagon’s leading contractor by annual sales has committed to providing $106 million in accelerated payments to suppliers, up from $53 million it promised March 27.

Boeing will suspend production at its Philadelphia facilities for two weeks as Pennsylvania battles against the rapid spread of the COVID-19 pandemic.

The U.S. Air Force is applying its method of drawing innovative ideas into the service to help provide aerospace suppliers struggling in the COVID-19 downturn with the cash flow they need to stay in business, Chief of Staff Gen. David Goldfein said during a wide-ranging conversation with reporters.