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Business/Financial

Northrop Grumman Facing Challenge Of Aging Workforce In Key Areas, CEO Says

Thursday, June 13th, 2013

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More than half of Northrop Grumman’s [NOC] tech professionals in many of its core disciplines are eligible for retirement, a challenge in an era of declining government research and development (R&D) funds, according to the company’s CEO. “We have to have a compelling reason to have the best and brightest come work in our collective community, whether it’s industry or government or labs,” Northrop Grumman President, CEO and Chairman Wes Bush said yesterday at a Center for a New American…

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]