Navy/USMC
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Business/FinancialPension Adjustments Dampen Huntington Ingalls’ Earnings In First Quarter Despite Strong Sales
Huntington Ingalls Industries [HII] on Thursday posted a big drop in net income in its first quarter due to less favorable pension adjustments, but the company’s top line growth was […]
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Navy/USMCHII Wins $932 Million Contract For LCS Planning Yard Services
Last week the U.S. Navy awarded Huntington Ingalls Industries’ [HII] Ingalls Shipbuilding an award worth up to $932 million for Littoral Combat Ship (LCS) planning yard support, the Navy said […]
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Air ForceShanahan Provides Update to Fighter Readiness Levels: F-22, F-16 Still Lagging
Acting Defense Secretary Patrick Shanahan told lawmakers May 1 that most of the Pentagon’s fighter aircraft fleet has made progress toward meeting an 80 percent mission capable rate goal by […]
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Navy/USMCU.S. Marines Put Kaman On Contract to Reactivate Unmanned K-MAX Helicopters
Kaman Aerospace [KAMNA] has been awarded a contract to return two United States Marine Corps (USMC) K-MAX aircraft to flight operations. To perform the work, Kaman will transport the two […]
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Navy/USMCLockheed Martin Introduces ‘Sidekick’ Weapons Rack for F-35C
Lockheed Martin [LMT] said on May 1 that it has developed a new weapons rack, called “Sidekick,” to increase the internal weapons carrying capacity of the aircraft carrier variant of […]
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Navy/USMCPence: Administration Will Not Retire USS Truman Early
Vice President Mike Pence told sailors on the USS Harry S. Truman (CVN-75) Tuesday in Norfolk, Va. that the administration will not retire the ship, as the Navy previously planned […]
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Navy/USMCBoeing Says MQ-25 IOC To Speed Up Via Test Asset And Embedded Program Office
Boeing [BA] told reporters on Monday it believes using its pre-award test asset for 18 months and having an embedded Navy program office will help speed up initial operational capability […]
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InternationalPoland Signs Contract with Leonardo Helicopters for Four AW101s
Amid a military modernization effort by Poland to counter possible Russian revanchism, the Polish Military of Defense has signed a more than $424 million contract with Leonardo Helicopters for four […]
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Navy/USMC150 kW LaWS Follow-On Laser Going On Portland Later This Year
The Office of Naval Research’s (ONR) 150 kW follow-on to the Laser Weapons System (LaWS) will be moved to the USS Portland (LPD-27) later this year, according to a Navy […]
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PentagonNew GAO Report Paints Worrying Picture for F-35 Sustainment
The Government Accountability Office (GAO) issued a new report April 25 offering new recommendations to improve the F-35 Joint Strike Fighter’s supply chain and sustainment issues, and warns that without […]