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Defense Daily, Thursday, October 26, 2017, Vol. 276, Issue 19

Congress Might Finish Defense Authorization Bill In Days

Leaders of a House-Senate conference committee expressed hope Oct. 25 that they will quickly wrap up negotiations on a final version of the fiscal year 2018 defense authorization bill.Sen. John McCain (R-Ariz.), chairman of the Senate Armed Services Committee (SASC), said that he is confident lawmakers can finish the compromise bill “within the next few…

Northrop Grumman Won't Bid On MQ-25; Company Posts Strong Financial Results

A few weeks after the Navy released the bid requests for an unmanned aerial refueling tanker, Northrop Grumman [NOC] on Wednesday said it won’t bid for the MQ-25 Stingray program, saying it can’t make a business case for the project that benefits the customer and the company.“Our assessment of the final RFP, which required a…

Taxes Hit Boeing's Earnings In Third Quarter; New Tanker Charge Disclosed

Higher tax and pension expenses hit Boeing’s [BA] bottom line in the third quarter and the company said it took another over $300 million in unexpected charges related to its program to manufacture a new aerial refueling aircraft for the U.S. Air Force.The cost growth on the KC-46A tanker is due to changes being incorporated…

Marine Corps Adds HIMARS To Navy Sea-Based Strike Capabilities

ANNAPOLIS, Md. -- The Marine Corps is finding ways it can contribute to a sea-based fight while aboard Navy ships instead of simply being ferried to a land-based fight by the sister sea service.Marine rockets and other long-range fire capabilities can be brought to bear on sea- and land-based targets from the deck of the…

Pence To Visit Air Force Nuclear Base

Vice President Mike Pence plans to visit Minot Air Force Base in North Dakota Oct. 27 to review the base’s two nuclear missions, Sen. John Hoeven (R-N.D.) announced Oct. 25.Pence will meet with the base leadership and address the airmen, Hoeven said.“It’s important for the administration to be familiar with the good work of our…

Panel Holds Kaspersky Hearing, Seeks More Accountability From Federal Agencies On Software Use

A House subcommittee discussed placing greater pressure on federal agencies to take accountability for the software hosted on its networks and their risk assessment of the cyber supply chain, as it focused on the recent ban of Russian software company Kaspersky Lab’s products from federal networks during a Wednesday hearing.Following directives from the White House…

GD Reports Solid Earnings, Flat Sales In Third Quarter

General Dynamics [GD] on Wednesday posted solid earnings results in its third quarter driven by its combat vehicles business amid a downtick in sales.Net income jumped 18 percent to $764 million, $2.52 earnings per share (EPS), from $647 million ($2.13 EPS) a year ago, topping consensus estimates by nine cents per share. Last year’s third…

Naval Surface Forces Undergoing Assessments, Starting With Japan-Based Ships

Commander of Naval Surface Forces, Vice Adm. Tom Rowden ordered Ready For Sea Assessments (RFSA) for all surface vessels beginning last week, the Navy said Oct. 18.The Navy began conducting RFSAs in September, focusing on evaluating “foundational skills necessary to operate surface warships safely” in addition to assessing areas like navigation, propulsion, steering, communications, and…

U.S., Japan, South Korean Navies Conduct Exercise, Three Carrier Groups In Seventh Fleet

The U.S., Japan, and South Korean navies conducted a trilateral link exercise (LINKEX) early this week to promote missile defense communications and operations, the Navy said Tuesday.The exercise employed tactical data link systems to exchange track data between the participating ships. This allows participants to “enhance tactical capabilities, increase self-defense, and strengthen partnerships and situational…