Aerospace Group:

Business/Financial

SAIC Confirms Havenstein To Be Its Next CEO

DDN

Wednesday, June 24th, 2009

SHARE:

By Calvin Biesecker SAIC [SAI] yesterday confirmed that Walt Havenstein, the departing chief of BAE Systems' United States-based division, will become its new CEO in September, succeeding Ken Dahlberg who will remain as chairman through June 2010. Havenstein, who will become SAIC's CEO on Sept. 21, will also become a member of the company's board of directors. Dahlberg will step down as CEO due to the company's mandatory retirement policy for executive officers. Speaking of Havenstein, Dahlberg said in a…

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]

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 […]