highlights
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Budget
FY ’20 NDAA Passes Senate with Trump Ready to Sign
The Senate passed the fiscal year 2020 National Defense Authorization Act (NDAA) Dec. 17 by a wide vote margin, authorizing $738 billion in defense spending and paving the way for […]
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Business/Financial
Arsenault To Take Top Job At BAE’s U.S.-Based Company Next Year
BAE Systems, Inc. on Tuesday said that CEO Jerry DeMuro will step aside next April 1 and be succeeded by Tom Arsenault, the current president and chief operating officer (COO) […]
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Air Force
Air Force, DoD Test Prototype Intermediate-Range Ballistic Missile
The Air Force conducted a flight test of a new ground-launched ballistic missile Dec. 12 from Vandenberg Air Force Base, California, the Pentagon said Thursday. The test of the prototype […]
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Air Force
Air Force to Decide Which Satellite to Offer for Test at Defcon Hacker Conference
The United States Air Force plans to choose on Dec. 13 which satellite it will offer to a service-selected group of hackers to try to infiltrate at next August’s Defcon […]
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Business/Financial
MBDA To Acquire Airbus Simulation Company GDI
European missile company MBDA on Thursday said it has agreed to acquire Airbus Group’s ground vehicle and missile simulation business. Terms of the deal were not disclosed. GDI Simulation is […]
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Budget
Defense Authorizers Committed to Reaching NDAA Agreement This Week
The top Senate and House Armed Services Committee leaders are both determined to reaching an agreement for the fiscal year 2020 National Defense Authorization Act (NDAA) by Nov. 22, even […]
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Air Force
A Year In, Boeing Hitting Its Targets On T-7A Development
ST. LOUIS—Boeing [BA] continues to buy down risk and get through key development milestones with the Air Force’s new T-7A pilot training system and the company and its teammate Saab […]
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International
Sale of 5 Embraer KC-390s to Portugal Will Total $1 Billion, Embraer Says
The sale of five Embraer KC-390s to Portugal is to bring Embraer about $1 billion in revenue, the company said in a 2019 third quarter earnings call on Nov. 12. […]
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Nuclear Modernization
NNSA Will Resume 10-Year Cost Forecasts for Weapons Complex Modernization
The U.S. Government Accountability Office (GAO) dinged the National Nuclear Security Administration recently for not providing 10 years’ worth of cost forecasts in an annual report to Congress on defense […]
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Business/Financial
AECOM Cites Record Revenue, Net Loss in Fiscal 2019
AECOM [ACM], the international infrastructure company that is preparing its exit from contracting for the U.S. Energy Department, on Tuesday reported record annual revenue of almost $20.2 billion for fiscal […]
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