Aerospace Group:

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…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]