Business/Financial
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Business/FinancialBoeing CEO Plans to Lay off 10 Percent of Workers, Says Defense Unit’s Execution on Fixed Price Contracts ‘Not Where It Needs to Be’
The performance of Boeing‘s [BA] defense, space & security (BDS) unit on fixed price contracts needs to improve, Boeing CEO Robert “Kelly” Ortberg wrote in a Friday employee message released […]
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CyberDoD Publishes Final Rule For Contractor Cybersecurity Compliance
The Defense Department last Friday published its final rule for the Cybersecurity Maturity Certification (CMMC) program, meaning certain cybersecurity requirements will be included in solicitations and contracts in early to […]
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Business/FinancialLockheed Martin Names F-35 Deputy GM to Head Program
Bridget Lauderdale, the head of the F-35 program for Lockheed Martin [LMT] and a 38-year employee of the company, is to retire by Dec. 1, and deputy F-35 general manager […]
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Air ForceJWICS Tech Refresh Almost Complete, DIA Official Says
The Defense Intelligence Agency (DIA) has nearly completed a technology refresh upgrade of the Joint Worldwide Intelligence Communications System (JWICS)–a DoD/intelligence community network for the dissemination of Top Secret Sensitive […]
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Business/FinancialPrivate Equity Firm Acquires Sabre Systems
CM Equity Partners in late September acquired the cybersecurity and digital solutions company Sabre Systems, adding to its portfolio of defense and federal services companies. Terms of the deal were […]
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Business/FinancialSecond Front’s Game Warden Available on ICMP, Company Says
Wilmington, Del.-based Second Front Systems said on Monday that its Game Warden DevSecOps platform to approve commercial software up to top secret classification is available on Amazon Web Services‘ [AMZN] […]
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Business/FinancialRheinmetall, Honeywell To Collaborate On New Combat Vehicle Tech
Germany’s Rheinmetall has signed a memorandum of understanding with Honeywell [HON] to work together on visual systems and auxiliary power units for combat vehicles, the companies said this week. Rheinmetall […]
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Business/FinancialFormer Boeing Comms Exec To Join Leidos As EVP Of Communications And Marketing
Longtime Boeing [BA] communication Chief Thomas Downey, who retired from company in 2017, will be back in business shortly, joining Leidos [LDOS] next Monday as executive vice president, chief communications […]
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Advanced / Transformational TechnologyAnduril Introduces New Solid Propellant Mixer To Boost Throughput, Meet Growing SRM Demand
Anduril Industries on Thursday said it has partnered with FlackTek to develop and manufacture a new large-scale system that rapidly mixes propellants for solid rocket motors (SRMs), saving time, real […]
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SpaceCSIS Report Notes Chinese ‘Commercial’ Remote Sensing Leads in Some Areas
A new Center for Strategic and International Studies (CSIS) commercial satellite remote sensing “Olympics” report notes Chinese leads in electro-optical (EO), synthetic aperture radar (SAR) C-band, and long-wave infrared (LWIR) […]