Aerospace Group:

Business/Financial

Lockheed Martin Names Leaders For Space and Information Systems Segments

Defense Daily Staff

Friday, January 25th, 2013

SHARE:

Lockheed Martin [LMT] yesterday announced that Rick Ambrose and Sondra Barbour will take over as heads of the company’s Space Systems and Information Systems & Global Solutions (IS&GS) segments on April 1 following the planned retirements of the current executives leading those segments. Ambrose, 54, is currently the vice president and deputy at Space Systems. He joined Lockheed Martin in 2000 and has led the IS&GS-National business, and held leadership positions within Space Systems and the former Mission Systems and…

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]