L3 Technologies’ [LLL] Security & Detection Systems business will generate more than $500 million in sales this year and the company is “aspirationally” targeting $1 billion in sales for the business within a few years, company officials say.The rosy outlook is being driven by demand for airport security technology, the officials say on L3’s recent second quarter earnings call.“More travelers, more airports, more security threat and desire for an expedited process to get through security and get on the plane,”…
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Congress Updates
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature
The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]
Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’
While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]
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