
Defense Watch: Share Buybacks, Abraham (Cyber) Accords, Polar Drones
New Share Buybacks. Northrop Grumman last Thursday announced a new $500 million accelerated share repurchase of its common stock during the second ...
New Share Buybacks. Northrop Grumman last Thursday announced a new $500 million accelerated share repurchase of its common stock during the second ...
New Share Buybacks. Northrop Grumman last Thursday announced a new $500 million accelerated share repurchase of its common stock during the second quarter that is incremental to previously planned repurchases. The accelerate share buyback is being done under the company’s existing share ...
The Navy is planning to conduct a hypersonic missile test launch off the USS Zumwalt (DDG-1000) by December 2025, an official said recently. “So timeline-wise…we’re supposed to do a test shot no later than December of ‘25 is the expectation. In order to make that happen, part of it is good ...
The private equity firms Carlyle [CG] and Stellex Capital Management last Friday said they have reached a deal to sell their ship repair and marine fabrication business to another private equity firm, Lone Start Funds. Terms of the deal for Titan Acquisition Holdings were not disclosed. The ...
A letter from U.S. Air Force acquisition chief Andrew Hunter last month to North Dakota’s senators acknowledges the thteat that a Chinese company would pose to national security, if the company–a leading maker of monosodium glutamate–is allowed to build a plant near Grand Forks ...
There will be some churn in the 118th Congress among staff on the House Armed Services Committee, which sets policy and spending limits for Department of Energy nuclear-weapons programs, according to documents the committee published Wednesday. Christopher Vieson will be the top committee hand at ...
The Navy in January agreed to support the Coast Guard’s Research and Development Center (RDC) in the storage and maintenance of optionally manned and unmanned service vessels (USVs), giving the center access to greater capabilities than it has in-house. The memorandum of understanding allows the ...
The new leader of the House Armed Services Committee on Thursday said he’s planning for a “very aggressive schedule” of briefings and hearings with an aim to markup the next version of the National Defense Authorization Act (NDAA) this spring. Rep. Mike Rogers (R-Ala.), the new HASC chair, ...