Textron [TXT] on Monday named Ellen Lord as the president and CEO of its Textron Systems segment, succeeding Fred Strader who is retiring from the company. Lord, who has been leading the Textron Defense Systems (TDS) operating unit within Textron Systems since January 2011, joined Textron in 1984 as a chemist for its Automotive Technology Center. The TDS unit manufactures smart weapons, directed energy weapons, intelligence, surveillance and reconnaissance systems, and vehicle protection systems. “Since taking over the leadership of…
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Congress Updates
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President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]
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Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]