Oshkosh Corp. [OSK] yesterday said it plans to layoff 900 employees between June and July due to expected declines in military truck sales to the Defense Department. The company plans to reduce its workforce by about 700 hourly positions beginning in mid-June and by about 200 salaried positions through July, leaving about 2,800 employees in its Defense division. Oshkosh said it has already insourced some work that has resulted in 165 production jobs being saved. Oshkosh said the decline in…
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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 […]
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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 […]
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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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