Aerospace Group:

Business/Financial

At White House, Defense Industry Leaders Pledge Workforce Help

By Cal Biesecker

Thursday, July 19th, 2018

SHARE:

At White House, Defense Industry Leaders Pledge Workforce Help

Lockheed Martin Chairman, President and CEO Marillyn Hewson

As part of a new effort by President Donald Trump to improve the training and education of American workers amid rapid advances in the digital economy, aerospace and defense companies on Thursday committed themselves to new opportunities and investments to help their workforces.Boeing [BA], which has already said it would invest $300 million in its employees as a result of tax reform legislation that went into effect on Jan. 1, including $100 million to workforce development, said it will provide…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]