COVID-19
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BudgetHASC Chair: More Funding for DoD Should Not Be Priority in Next COVID-19 Stimulus Bills
The next COVID-19-related stimulus packages that Congress considers should prioritize public health efforts, rather than the Defense Department, the top House Armed Services Committee Democrat said April 29. Lawmakers are […]
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Business/FinancialBoeing Swings To Loss In First Quarter As COVID Slams Company; KC-46 Suffers More Charges
As expected, Boeing [BA] took a wallop in its first quarter as a global economic hardship from the COVID-19 gouged first quarter financial results, mainly in its commercial businesses, but […]
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Business/FinancialCOVID-19 Impacts Hit GD’s First Quarter Results On Delayed Aircraft Deliveries
The ongoing coronavirus pandemic delayed General Dynamics’ [GD] deliveries of business jets in the first quarter, sending sales and net income lower. The company’s defense businesses overall reported slightly higher […]
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COVID-19Navy Pushed $600 Million Into Shipbuilding Industry Base For Pandemic Response
The Navy’s top acquisition official said the Navy recently infused about $600 million into the shipbuilding industrial base by reducing withholds and retainers to help it deal with COVID-19 pandemic […]
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Business/FinancialNorthrop Grumman Opens 2020 With Higher Sales, Earnings; Lowers Guidance Due To Pandemic
Northrop Grumman [NOC] on Wednesday reported a solid increase in sales in the first quarter on increases across its operating sectors, although net income barely edged up as a pension […]
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COVID-19ONR Announces $30 Million In Small Business Funding, Plans $250 Million Over 90 Days
The Office of Naval Research (ONR) issued a Broad Agency Announcement (BAA) Monday announcing $30 million in funding opportunities in search of dual Navy and commercial technologies and also announced […]
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COVID-19Navy Works To Accelerate Aircraft Engines Buys Amid Commercial Slowdown
The Navy is looking to buy aircraft engines and conduct aviation work faster than planned to take advantage of the slowdown in the commercial sector due to the COVID-19 pandemic, […]
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AnalysisAnalysts: Defense Downturn Looming, Wave of Company Consolidation on Horizon
The national defense budget is likely to see a significant reduction within the next two years, both as a long-term effect of the COVID-19 coronavirus and in response to the […]
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ArmyArmy Using IVAS Prototype To Test Soldiers’ Temperatures
The Army is using a prototype of its future augmented reality headset to test soldiers’ temperatures at Ft. Benning in Georgia in its response to the coronavirus pandemic. The service […]
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COVID-19NNSA Seeking N95 Respirators for Workforce; Chinese-made Equivalents Okay
The National Nuclear Security Administration (NNSA) gave a small business in Georgia a roughly $240,000 fixed-price contract to provide almost a quarter-million, China-made N95-style respirator masks for its contractor and […]
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