:

Business/Financial

Lockheed Martin Maintaining Close Oversight Of Supply Chain Amid Pandemic

By Cal Biesecker

Tuesday, April 21st, 2020

SHARE:

Lockheed Martin Maintaining Close Oversight Of Supply Chain Amid Pandemic

Lockheed Martin Chairman, President and CEO Marillyn Hewson. Photo: Lockheed Martin

Supplier challenges stemming from the ongoing COVID-19 pandemic have already hit Lockheed Martin’s [LMT] Aeronautics segment, particularly with regard to the F-35 fighter program, and the company is closely monitoring supplier and government impacts to its business from the virus, company officials said on Tuesday. The company’s supply chain is the area being watched “most closely,” Marillyn Hewson, Lockheed Martin’s chairman, president and CEO, said during a first quarter earnings call. Lockheed Martin trimmed its sales outlook for 2020 by…

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]