Tuesday, May 14, 2024
Tuesday, May 14, 2024
Continued defense contractor earnings coverage, Huntington Ingalls' possible frigate submission and more highlight this Thursday INSIDER Daily Digest.
Quarterly earnings news from HII, Leidos, Orbital ATK, ManTech and Engililty:
Defense contractors report sales increases
Many defense contractors, including several major services contractors, said they saw sales increases in the most recent quarter.
More from HII's earnings call this morning:
HII may offer National Security Cutter for Navy future frigate competition
Huntington Ingalls Industries is entering the Navy's guided-missile frigate replacement program competition and may offer a variant of its National Security Cutter, according to the chief executive.
A sneak peek into a couple stories that will be in tomorrow's Inside the Air Force:
Lockheed and NY Air National Guard eye more than modernization: C-130J with skis
Lockheed Martin and the New York Air National Guard are exploring options to bypass planned incremental improvements of the U.S. military's only ski-equipped C-130 fleet in the 2020s and, instead, outfit the 109th Airlift Wing with the newest variant of the intra-theater lift aircraft -- a notional LC-130J.
Air Force delays AEHF-4 launch to 2018 after power regulator issue
The Air Force confirmed this week it has delayed launch of an Advanced Extremely High Frequency satellite due to a problem with a power regulator unit discovered earlier this year.
The Defense Business Board has completed a new report:
New study pushes Pentagon to embrace automated business operations
The Defense Department's business operations are far behind the private sector in embracing automation, according to a new study, which recommends the Pentagon initiate a review of automation opportunities within the department.
T-Worx's technology, known as the Intelligent Rail, is a sealed circuit board inserted in a Picatinny Rail:
T-Worx seeks commercial buyers for product developed for Army
After spending years developing its Intelligent Rail technology, Ashburn, VA-based T-Worx is now pursuing commercial customers.