Textron, Inc. [TXT] said yesterday that its AAI business unit is separating into three businesses to improve efficiency and better support their respective customers. AAI, which is part of Textron Systems, will have AAI Unmanned Aircraft Systems, led by Steven Reid, AAI Test & Training, led by Bob Peters, and AAI Logistics and Technical Services, led by Diane Giuliani, all reporting the Fred Strader, president and CEO of Textron Systems. Strader said in a statement that the new operating units…
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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 […]
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
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 […]
Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
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A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
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