L3 Technologies’ [LLL] Security & Detection Systems business will generate more than $500 million in sales this year and the company is “aspirationally” targeting $1 billion in sales for the business within a few years, company officials say.The rosy outlook is being driven by demand for airport security technology, the officials say on L3’s recent second quarter earnings call.“More travelers, more airports, more security threat and desire for an expedited process to get through security and get on the plane,”…
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As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]
‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says
In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]
Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome
Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
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A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]
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