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Business/Financial

Lockheed Subsidiary Settles Patent Infringement Suit; Terms Aren’t Disclosed

DDN

Monday, June 1st, 2009

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A Lockheed Martin Corp. [LMT] subsidiary settled a patent infringement lawsuit. Terms of the settlement weren't disclosed, except that the Lockheed unit, Savi Technology, Inc., termed it "favorable." Savi contended in the lawsuit that AeroScout infringed Savi patents on low-frequency Radio Frequency Identification (RFID) technology, which Savi stated provides extended battery life and improved location capabilities for active RFID devices. The settlement was reached in the U.S. District Court for the Northern District of California.

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]