Pat Host
Articles By Pat
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Business/FinancialAerojet Rocketdyne Faces Lawsuit Over Misstated Financial Statements
Aerojet Rocketdyne [AJRD] is facing a potential class action lawsuit over its restatement of financial statements for company fiscal years 2014 and 2013. The lawsuit was filed Feb. 11 in […]
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Air ForceAir Force Anticipates Spending Boost For New Air Force One Program
The Air Force anticipates requesting an additional $200 million through fiscal year 2020 for the new Air Force One program, formally known as the Presidential Aircraft Replacement (PAR) program. The […]
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Air ForceGAO Denies Boeing Protest Of Air Force LRSB Contract Award To Northrop Grumman
The Government Accountability Office (GAO) on Tuesday denied Boeing’s [BA] protest of the Air Force’s Long Range Strike Bomber (LRSB) award to Northrop Grumman [NOC]. Ralph White, managing associate general […]
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Navy/USMCNavy Awards Philadelphia Gear Contract Potentially Worth $1 Billion
The Navy on Friday awarded Philadelphia Gear a contract potentially worth $1 billion for non-recurring engineering of main reduction gears for DDG-51 Arleigh Burke class guided missile destroyers. The contract […]
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Air ForceAir Force Reassigns Acquisition Executive For Failing To Disclose Tie To Northrop Grumman
Air Force Secretary Deborah James on Thursday reassigned Principal Deputy Assistant Secretary of the Air Force for Acquisition Richard Lombardi for failing to disclose a family tie to Northrop Grumman […]
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Air ForceAir Force Plans $121 Million For Three COMSATCOM Pathfinders Over Next Three Years
The Air Force plans to spend $121 million over the next three fiscal years on “Pathfinders” to identify opportunities for more affordable commercial satellite communication (COMSATCOM) business arrangements, according to […]
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Air ForcePentagon Near Deals For Next Batches Of F-35 Aircraft, Engines
The Pentagon is finalizing a contract for its next batch of F-35 aircraft that could be worth nearly $15 billion. F-35 Program Executive Officer (PEO) Air Force Lt. Gen. Christopher […]
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PentagonNo Money For Additional THAAD Batteries In MDA’s Budget Request, Syring Says
The Missile Defense Agency (MDA) did not request additional funding in its fiscal year 2017 budget request for any additional Terminal High Altitude Area Defense (THAAD) batteries in light of […]
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Air ForceULA, Air Force Successfully Launch NROL-45
The Air Force and United Launch Alliance (ULA) on Wednesday successfully launched a National Reconnaissance Office (NRO) satellite called NROL-45, according to a service statement. Launch took place at 6:40 […]
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SpaceNASA Budget Features New Start Public-Private Partnership For Cis-Lunar Habitation Capability
NASA’s fiscal year 2017 budget request features a new start: a public-private partnership for a cis-lunar habitat and systems in preparation for human missions into deep space. NASA said in […]