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Business/Financial

Job Losses Already Set For Lockheed Employees As Space Shuttle Fleet To Retire By 2010

DDN

Monday, August 4th, 2008

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Thousands of job losses stemming from the space shuttle fleet retirement, long feared, are about to begin. Lockheed Martin Corp. [LMT] announced that this fall it will begin workforce reductions at the Michoud Operations in Louisiana, a state already hard hit by Hurricane Katrina. Layoffs will begin this fall and continue through 2010, when the space shuttle fleet is mandated to retire. The employees make the gigantic external fuel tanks for the shuttle at the NASA Michoud Assembly Facility. Job…

Congress

Warren And Sheehy Renew Call for “Right to Repair” In NDAA

Sen. Elizabeth Warren (D-Mass.) and Sen. Timothy Sheehy (R-Mont.), two members of the Senate Armed Services Committee (SASC), are renewing their call for “Right to Repair” language in the National […]

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]