Saturday, April 20, 2024
Saturday, April 20, 2024
This Tuesday INSIDER Daily Digest has news on Oshkosh's quarterly earnings, a nascent Defense Management Institute and more.
Oshkosh had its quarterly earnings call this morning:
Oshkosh reports sales growth in fourth quarter, lower profits for 2022 overall
Oshkosh reported sales growth in the fourth quarter of 2022 compared to the previous year, but profits for the year were lower due to continuing supply chain issues, company executives said during an earnings call Tuesday.
The newly formed Defense Management Institute will work directly with the office of the Defense Department’s top performance improvement officer, Michael Donley, who serves as director of administration and management:
DOD establishes new Defense Management Institute to work reform agenda
The Pentagon, in coordination with the Institute for Defense Analyses, has established a new Defense Management Institute to be an "independent research entity" to help reform the department's business operations.
Document: DOD memo on defense management institute
The Army is asking for the private sector's input on providing Small Unmanned Aircraft Systems:
Army plans to add unmanned aircraft component to Long Range Reconnaissance system
The Army is drafting an updated requirement for an unmanned Long Range Reconnaissance system and could field developmental test systems of the aircraft in two years, according to a new request for information.
Document: Army RFI for unmanned aircraft component to LRR system
A hypersonic missile test flight was recently conducted over California:
Lockheed completes second HAWC flight; too late to influence AF cruise missile competition
Lockheed Martin and Aerojet Rocketdyne -- along with two government partners -- executed a second flight test of the Hypersonic Air-Breathing Weapon Concept, demonstrating technology with potential application for a next-generation, ultra-fast cruise missile and a key objective for the advanced component development effort.
An Air Force general's memo predicting a war with China in 2025 has come under criticism:
Pentagon leadership distances from Minihan memo predicting war in 2025
Pentagon top brass are distancing themselves from a provocative memo issued by Air Force Gen. Mike Minihan, head of Air Mobility Command, that predicted war with China would come to pass in 2025.