By Calvin Biesecker Northrop Grumman [NOC] yesterday warned investors that it will take a non-cash, after-tax charge of between $3 billion and $3.4 billion in the recent fourth quarter for impairment of goodwill due to the collapse of the stock market in the last few months of the year, resulting in losses for both the quarter and all of 2008. However, the company was quick to point out that its earnings from continuing operations before the impact of the charge…
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NRO Makes New Commercial Awards To Earth Daily, ICEYE And Pixxel
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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 […]
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 […]
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 […]
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