Business/Financial
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Advanced / Transformational TechnologyNumber of Contractors to Work on Air Force’s ABMS Program Expected to Ramp Up
With the Air Force’s Advanced Battle Management System (ABMS) program to demonstrate how to connect a variety of distributed systems in a joint all-domain network only just getting underway at […]
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SpaceAir Force Expands Criteria for Future U.S. Space Command Headquarters Location
The future location of the U.S. military’s newest combatant command is once again open for contenders across the country, as the Air Force announced May 15 a revised approach for […]
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PentagonTrump Questions Value of F-35’s Global Supply Chain
The president of the United States cast doubt on the merits of the F-35 Joint Strike Fighter’s global supply chain during a May 14 television appearance, and hinted he may […]
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Business/FinancialSOCOM’s Armed Overwatch Program Renews Industry’s Light Attack Ambitions
The Air Force’s light attack aircraft experiment may have ended with only a handful of platforms on contract, but off-the-shelf providers have a second chance to pitch their systems to […]
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SpaceSpace Force Official: DoD Could Assist OneWeb, Other Space Startups Impacted By COVID-19
The Defense Department is weighing options to assist vulnerable space startups that have been hit hard by the effects of the ongoing COVID-19 pandemic, the Space Force’s number-two officer said […]
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Business/FinancialEarnings News & Notes
OSI Systems [OSIS] 3Q20 3Q19 Sales $292.9M $304.3 Net Inc. $19.6M, $1.06 $19.6, 1.05 Sales were down nearly 4% on declines at the Healthcare and Security segments, with Security down […]
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Business/FinancialBoeing, GKN Extend Partnership On Military Aircraft Components
Britain’s GKN Aerospace on Monday said it has extended its partnership with Boeing [BA] to continue to provide structural components and assemblies for major military aircraft. The contracts cover the […]
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Business/FinancialArmed Services Lawmakers Largely Slam FCC Ligado Decision, But Next Steps Unclear
The Pentagon has for weeks now vocally articulated its case for the FCC to rescind a recent approval for Ligado to repurpose spectrum adjacent to that used for GPS, and […]
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Business/FinancialStrong Shipbuilding Performance, Pension Tailwind Boost Huntington Ingalls But Virus Impacts Coming
A pension benefit combined with strong operating results at its shipbuilding businesses drove a strong first quarter at Huntington Ingalls Industries [HII], although workforce impacts at the company’s shipyards led […]
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Navy/USMCNavy Nuke Propulsion Builder Sees Second Virginia-Class Support
The Navy’s nuclear-powered vessel propulsion builder, BWX Technologies [BWXT], said they see increasing support for a second Virginia-class attack submarine and do not expect a potential continuing resolution in the […]