Boeing CEO Dave Calhoun informs employees of first round (6,770) of SEVERANCES, Highlights “Green shoots”
CHICAGO, May 27, 2020—Boeing President and CEO Dave Calhoun issued the following letter to employees today providing an update on workforce actions: Team: Following the reduction-in-force announcement we made last month, we have concluded our voluntary layoff (VLO)...
Defense Department outlines Condition-Related 5-Phased Plans & GUidance For Post-Covid Transition
Defense Department officials outlined a conditions-based approach to relaxing the stop-movement order that has been in effect since early March due to the coronavirus pandemic. Defense Secretary Dr. Mark T. Esper issued the order in early March, and in April, he...
President Honors Fallen Service Members at Memorial Day Observances
MAY 25, 2020 | BY TERRI MOON CRONK , DOD NEWS President Donald J. Trump came to ''the noble fortress'' of Fort McHenry in Baltimore to pay tribute on Memorial Day to those who fought and died to keep Americans free. Fort McHenry was the site of the Battle of Baltimore...
Senate Armed Services Committee Approves Pentagon Senior Leadership Nominations of Braithwaite, Anderson, Brown and Mercado – Full Senate Approval Expected
The Senate Armed Services Committee today (19 May 2020) voted by voice to favorably report out a list of 2,647 pending military nominations in the Army, Navy, Air Force, and Marine Corps, as well as the following civilian and general officer nominations: Honorable...
vSOFIC was Exceptional & Six Other Take-Aways from the First Virtual Special Operations Forces Industry Conference
In case you skipped NDIA's vSOFIC 2020 because it didn't involve spending time in Tampa -- and you really shouldn't have -- following is a handful of take-aways from our participation this past week. Take-Away #1 - The inaugural vSOFIC, which ran from 11-14 May 2020,...
U.S. Navy Seeks Non-Developmental Aircraft to support Undergraduate Jet Pilot TraininG
The Navy seeks to assess the suitability of existing land-based jet trainer aircraft designs to satisfy certain requirements under consideration for the next generation US Navy undergraduate jet trainer aircraft. Of particular interest, and the subject of this RFI, is...
U.S. Army Awards AeroVironment $146 Million Lethal Miniature Aerial Missile Systems (LMAMS) Contract for Switchblade Procurement
AeroVironment’s combat proven Switchblade with patented wave-off feature provides operators with increased lethality, reach and precision strike capabilities with low collateral effectsFirst year of funding approved through Joint Urgent Operational Need Statement,...
BAE SYSTEMS SELECTS KONGSBERG’S MCT-30 TURRET FOR U.S. MARINE CORPS ACV PROGRAM
Kongsberg Defence & Aerospace AS (KONGSBERG) has been selected by BAE Systems, Inc. to design and manufacture the remote Medium Caliber Turret (MCT) for the United States Marine Corps’ Amphibious Combat Vehicle (ACV) -30 program. *** KONGSBERG will deliver up to...
UPdated – DEFENSE & AEROSPACE COMPANIES REPORT ON Mixed 2020 Q1 PERFORMANCE and Uncertain Outlooks
Publicly traded companies, including various aerospace and defense companies, are reporting their first quarter earnings and forecasts this month. Airbus Airbus released its financial results for the first quarter of 2020 on April 29th. The full press release can be...
DOD Awards $126 Million Contract to 3M, Increasing Production of N95 Medical Grade Masks by 26 million
Statement attributed to Lt. Col. Mike Andrews, Department of Defense spokesman: “The Department of Defense, in coordination with the Department of Health and Human Services, has signed a $126 million contract award with 3M for the increased production of 26 million...