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Business/FinancialEarnings Edge Higher, Sales Strong At RTX In Second Quarter
RTX [RTX] on Tuesday posted strong sales although net income rose marginally due to various accounting adjustments and a customer insolvency and the company also disclosed an issue in its […]
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Navy/USMCHII Secures $528 Million Contract For Five-Year San Diego Carrier Maintenance
The Navy awarded HII’s [HII] Newport News Shipbuilding (NNS) division a $528 million five-year contract covering maintenance on aircraft carriers in San Diego. The contract, awarded on July 21 and […]
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Nuclear ModernizationLos Alamos Workforce Will Level Off at About 20,000 By 2025, Triad Official Says
The recent unprecedented expansion of the Los Alamos National Laboratory workforce will continue for at least another year before leveling out at around 2,0000 employees, a senior lab official told […]
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Business/FinancialBooz Allen To Pay $377 Million To Resolve Justice Department Allegations
The Justice Department last Friday said Booz Allen Hamilton [BAH] has agreed to pay the U.S. government $377.5 million to resolve allegations that it violated federal law by improperly charging […]
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SpaceMaxar 300 Bus Completes Critical Design Review for Tranche 1 Tracking Layer
Maxar Technologies said on July 24 that it has gone through a Critical Design Review (CDR) of the company’s Maxar 300 series bus for the L3Harris‘ [LHX] offering for the […]
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Navy/USMCFourth Fleet Means To ‘Operationalize’ Unmanned Systems For Months At A Time
The U.S. Fourth Fleet intends to continue using unmanned systems in exercises not to just test them out, but figure out how to fully operationalize them in action, according to […]
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Business/FinancialSafran To Acquire Actuation And Flight Control Business Of Collins Aerospace
France’s Safran Group last Friday said it has agreed to acquire the actuation and flight controls business of Collins Aerospace, an operating segment of RTX [RTX], for $1.8 billion in […]
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Unmanned SystemsJoint Counter-Drone Office Seeks Support For Future Swarm Target Demo
The Joint Counter-small Unmanned Aircraft Systems (C-sUAS) Office (JCO) next year plans to conduct a demonstration to counter warms of small drones and is seeking help with the planning for […]
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SpaceDoD Looks to Lower Orbit Satellites to Boost Innovation
Reducing the vulnerability of U.S. satellites and ensuring military forces are able to operate without mission degradation is a continuous task and one that may gain insights from the U.S. […]
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CyberNew Defense Bills Key To U.S. Cyber Command’s Readiness, Nominee Says
The fiscal year 2024 defense policy and spending bills before Congress would provide U.S. Cyber Command with the acquisition, budget, and policy authorities it needs to help solve readiness and […]
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