Friday, April 26, 2024
Friday, April 26, 2024
Key Issues Optical clocks Prototype funding SPAFORGEN
Lockheed Martin's latest earnings, the Joint-Air-to-Ground Missile, the F-35 Joint Strike Fighter and more highlight this Monday INSIDER Daily Digest.
Lockheed Martin held its quarterly earnings call this morning:
Lockheed seeks to use tax reform benefits on pension, training, R&D
With the enactment of tax reform legislation, Lockheed Martin is weighing several ways to spend the anticipated benefits, according to the company's chief executive.
Defense Business Briefing
Want defense business news delivered straight to your inbox?
Inside Defense's free weekly feature, the Defense Business Briefing, offers the latest in defense industry news.
Our continuing coverage of the Pentagon's latest operational test and evaluation report:
JAGM testing turns up cyber vulnerability, AH-64E integration glitches, missed shots
Early testing of the Pentagon's $7 billion replacement program for the Army and Marine Corps' laser- and radar-guided air-launch missiles -- the Joint-Air-to-Ground Missile (JAGM) -- has turned up cyber vulnerabilities and difficulty in select situations launching it from the Army's most advanced attack helicopter, the AH-64E Apache.
Pentagon has not purchased second F-35B test article, awaiting Lockheed study
The F-35 program office has not purchased another F-35B ground article nearly a year after halting durability testing because the originial test jet was no longer production representative.
Army Secretary Mark Esper recently spoke with Inside the Army:
Esper: Modernization push will avoid pursuit of 'unobtanium'
The Army's top civilian wants to modernize the force, but aims to avoid the extended acquisition time lines that have characterized previous efforts.
The Navy is looking to industry for countermeasures to threats posed by unmanned undersea vehicles:
Pentagon commissions 'state of the art' UUV countermeasures study
The Defense Department chartered the Stand-Off Weapons Defeat Joint Integrated Product Team to study "state-of-the-art" unmanned undersea vehicle countermeasures, according to a Federal Business Opportunities notice.
Document: Navy UUV countermeasures sources-sought notice