:

Business/Financial

L-3 Taps Former Lockheed Martin Number Two Kubasik To Run Operations

By Cal Biesecker

Wednesday, October 28th, 2015

SHARE:

L-3 Taps Former Lockheed Martin Number Two Kubasik To Run Operations

L-3 President and Chief Operating Officer Chris Kubasik.

L-3 Communications [LLL] on Wednesday named Chris Kubasik as its president and chief operating officer (COO) effective immediately, a move designed to strengthen the company’s organization and performance.Kubasik, who three years ago was less than two months away from becoming CEO of Lockheed Martin [LMT] before being fired for an inappropriate relationship with a subordinate, takes on the new position of COO and takes over the position of president from Michael Strianese, who is L-3’s chairman and CEO.“Chris is a…

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]