Huge nuclear cost overruns push Toshiba’s Westinghouse into bankruptcy

Westinghouse Electric, a unit of Japanese conglomerate Toshiba, filed for bankruptcy on Wednesday, hit by billions of dollars of cost overruns at four nuclear reactors under construction in the U.S. Southeast. The bankruptcy casts doubt on the future of the first new...

Air Force pushes B-21 advanced stealth bomber with more flexible tech approach

The Air Force’s super-secret B-21 long-range strike bomber under development will feature flexible technology that will allow its capabilities to be modernized over time to stave off obsolescence, a top acquisition general testified Wednesday to a Senate panel....