Business/Financial
-
Business/FinancialOutlook For F-35 Growth Remains Bright, Hewson Says
Over the next few years at least, Lockheed Martin [LMT] continues to expect to increase sales on its F-35 fighter program through growing production, development and sustainment activities, Lockheed Martin’s […]
-
Business/FinancialLockheed Martin to Slow F-35 Deliveries Due to COVID-19-Related Supplier Delays
Lockheed Martin [LMT] revealed May 19 that it is slowing production of the F-35 Joint Strike Fighter in a move that could impact up to 25 aircraft, as a “proactive” […]
Tagged in: -
Business/FinancialAfter Corrective Action, CBP Awards $1.3 Billion Aircraft Maintenance Contract To PAE
PAE last Friday was awarded a potential $1.3 billion contract by Customs and Border Protection (CBP) for aircraft maintenance and logistics services, maintaining its incumbency on a program after DynCorp […]
Tagged in: -
Business/FinancialL3Harris Completes Sale Of Instrumentation Business Unit
Adaptas Solutions, LLC on Tuesday said it has completed the acquisition of the Applied Kilovolts and Analytical Instrumentation from L3Harris Technologies [LHX], expanding its mass spectrometer component product offering and […]
Tagged in: -
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 […]
-
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 […]
-
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 […]
-
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 […]
-
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 […]
Tagged in: -
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 […]