SAIC [SAI] yesterday said that it has elected Thomas Young as non-executive chairman of its board of directors, succeeding Ken Dahlberg, who retired last Friday. Young, who has been on SAIC's board of directors since 1995 when he retired from Lockheed Martin [LMT] as an executive vice president, assumed his chairmanship duties on June 18. Most recently, Young was the board's independent lead director. Young will continue to serve as a member of the nominating and corporate governance committee and…
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Congress Updates
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Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]