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Business/FinancialLeidos Posts Strong Third Quarter, Increases Earnings Guidance
Leidos [LDOS] on Tuesday followed up a strong second quarter with still strong financial results for its third quarter and the company raised its earnings guidance for the year. Net […]
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Business/FinancialCOVID Tamps BWXT Earnings, Despite Solid Reactor Biz
Despite consistency in the core naval reactors business and good performance from its nuclear-site management contracts with the Department of Energy, COVID-19 dragged down revenue and earnings at BWXT Technologies […]
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Navy/USMCNavy Aviation Plan Aims To Save $300 Million Annually, No Talk Of Light Carriers
The Navy’s latest future aviation vision plans expects the service to save $300 million annually due to a maintenance effort and leaves out earlier consideration of adding a light carrier […]
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Air ForceU.S. Air Force Seeks Commercial Sources for Repair of TH-1H Altimeter
The Air Force Materiel Command’s (AFMC) Warner Robins Air Logistics Complex at Robins AFB, Ga., is conducting market research to determine whether the command will be able to use commercial […]
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Business/FinancialManTech To Acquire Gryphon Technologies For $350 Million
ManTech International [MANT] on Monday said it has agreed to acquire Gryphon Technologies for $350 million in a deal that will expand its digital engineering capabilities with the Defense Department […]
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InternationalBoeing Delivers KC-46A to Japan, Has Delivered 48 to U.S. Air Force
Boeing [BA] said on Oct. 31 that it has accomplished its first foreign delivery of the KC-46A Pegasus tanker to the Japan Air Self-Defense Force (JASDF). “The Japan KC-46A is […]
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InternationalBiden Says U.S. Was ‘Clumsy’ In Rollout Of New Security Pact That Sunk French Submarine Deal
President Biden on Friday said the White House was “clumsy” in its rollout of a new trilateral security partnership with the U.K. and Australia that frustrated France over its loss […]
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CyberWith Larger Budgets, CISA Looks To Expand Field Presence, Technical Capabilities
With larger budgets on the way, the Cybersecurity and Infrastructure Security Agency (CISA) is currently analyzing the size of the workforce it needs and one likely takeaway will be an […]
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Air ForceIn Letter to Biden, 90 House Members Back Increasing F-35 Buy to a Minimum of 100 Per Year
90 House lawmakers have penned a letter to President Biden asking that the administration’s fiscal 2023 budget ramp up the buy of the Lockheed Martin [LMT] F-35 fighter to at […]
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CongressStaffer: SASC Sees Potential In Navy Unmanned Systems But Wary Of Moving Too Fast
There is promise in Navy unmanned systems from capabilities to cost savings, but the Senate Armed Services Committee is wary of putting the “cart ahead of the horse” in various […]
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