:

Business/Financial

Lockheed Martin Turning Predictive Analytics Tools To Supply Chain, Counterfeit Risks

By Cal Biesecker

Thursday, April 16th, 2015

SHARE:

Lockheed Martin Turning Predictive Analytics Tools To Supply Chain, Counterfeit Risks

A predictive analytics and big data tool that Lockheed Martin [LMT] has been developing and using for the past six years with a focus on intelligence and security is being turned toward additional uses such as supply chain risk management and identifying potential counterfeit parts suppliers, according to company officials.Lockheed Martin has been applying LM Wisdom internally for a few years to analyze supply chain risks across its enterprise but as the capabilities of the tool were built out its…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]