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Lockheed Martin Establishing ICT Engineering Hub For Asia-Pacific Region

Wednesday, October 8th, 2014

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Lockheed Martin [LMT] on Sept. 29 said it is investing $8 million to establish an information communications technology (ICT) in Australia for the Asia-Pacific region. The company said the new facility near Melbourne will accommodate 190 staff, including at least 150 new personnel, which will more than double its workforce in the city. Lockheed Martin said the facility will focus on expanding local skills in cyber security, data management, applications development and larger scale ICT services. The announcement of the…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]