Business/Financial
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Business/FinancialHASC Chairman Calls for More Defense Contractor Aid in Next COVID-19 Stimulus Package
As Congress anticipates passing another economic stimulus package to protect U.S. workers during the COVID-19 pandemic, House Armed Services Committee Chairman Adam Smith (D-Wash.) would be interested in provisions that […]
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Business/FinancialSpace Force Delays Next GPS III Launch in Response to COVID-19
The third GPS III satellite launch will take place in late June at the earliest, two months later than scheduled, to minimize the potential of COVID-19 exposure to personnel, the […]
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Business/FinancialUSA Rare Earth Closes Domestic Supply Chain With Acquisition Of Manufacturing Capability
USA Rare Earth, LLC, which is providing funding and development of a rare earth mineral site in Texas, has acquired a domestic manufacturing capability to allow it and its partners […]
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Business/FinancialDoE Delays Decision About Extending Nuke Production Contract
Because of COVID-19, Consolidated Nuclear Security, site management and operations contractor for two of the Department of Energy’s weapons-production sites, will wait perhaps until June to find out what fee […]
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Business/FinancialAegis Technologies Acquires Excivity, Boosting Cyber And Intel Capabilities And Customers
The advanced engineering solutions company Aegis Technologies has acquired Excivity, giving it new technology capabilities and adding key customers in the intelligence community and Defense Department. Terms of the deal […]
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Business/FinancialGoldfein: Extension of COVID-19 Travel Hold Could Go Through July
U.S. military members should expect an updated decision about stop-movement orders related to the COVID-19 coronavirus pandemic from the Pentagon within the next couple of weeks, Air Force Chief of […]
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Business/FinancialBoeing Extends Suspension Of Puget Sound Production Operations Indefinitely
Boeing [BA] on Sunday said it would extend until further notice a temporary suspension of its production operations in the Puget Sound region of Washington State due to continuing challenges […]
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Business/FinancialNDIA Announces Annual SOFIC Conference Will Be Virtual
The National Defense Industrial Association’s annual Special Operations Forces Industry Conference will be held in May as scheduled, but over the internet rather than its traditional locale of Tampa, Florida. […]
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Business/FinancialWoodward, Hexcel Call Off Merger Due To Coronavirus Impacts
Aerospace and defense suppliers Woodward Inc. [WWD] and Hexcel Corp. [HXL] on Monday announced they have mutually terminated their merger agreement, saying the ongoing coronavirus pandemic has limited the benefits […]
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ArmyBoeing Pauses Production At Philadelphia-Area Facility Due To Pandemic Impact
Boeing [BA] has halted work at its production facility outside of Philadelphia, where it manufactures aircraft such as the H-47 Chinook heavy-lift aircraft, the V-22 Osprey tiltrotor and the MH-139A […]