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April 24, 2024 | International, Security

CISO Perspectives on Complying with Cybersecurity Regulations

Navigating cybersecurity compliance just got easier. Our latest blog taps into the wisdom of CISOs to share strategies for managing data security requ

https://thehackernews.com/2024/04/ciso-perspectives-on-complying-with.html

On the same subject

  • Lockheed Awarded $1.9B For One-Year F-35 Sustainment

    January 7, 2020 | International, Aerospace

    Lockheed Awarded $1.9B For One-Year F-35 Sustainment

    Steve Trimble The F-35 Joint Program Office awarded Lockheed Martin a $1.9 billion contract on Jan. 6 to maintain the global Lightning II fleet, support training and expand capacity for producing spares and repairing components. The annual award to the F-35's prime contractor follows a $1.4 billion contract in 2018 and $1.15 billion contract in 2019 for global sustainment services. The amount fluctuates along with investments in repair depots and fleet growth. “In 2020, we will continue to optimize and advance the sustainment system. We are confident F-35 sustainment costs will be equal to or less than legacy jets,” says Greg Ulmer, Lockheed's vice president and general manager for the F-35 program. Lockheed has committed to lowering the cost per flight hour of the F-35A to $25,000 by 2025. The U.S. Air Force paid about $44,000 per flight hour to operate the aircraft in 2018. Some defense officials, including the Pentagon's former head of cost evaluation, have said Lockheed's cost target is unrealistic. But others, including the commander of the Air Force's Life Cycle Management Center, do not rule out the possibility. Lockheed's announcement calls the award an “annualized” contract. The company had proposed converting the sustainment program into a five-year, fixed-price contract, but it appears the government rejected the proposal. Lockheed has delivered 490 F-35s since 2009, including 134 in 2019, with the fleet surpassing more than 240,000 cumulative flight hours. https://aviationweek.com/defense-space/lockheed-awarded-19b-one-year-f-35-sustainment

  • Government watchdog rejects Airbus protest over helicopter contract

    May 19, 2020 | International, Aerospace, Naval

    Government watchdog rejects Airbus protest over helicopter contract

    By: David B. Larter WASHINGTON — Leonardo has restarted work on the U.S. Navy's new training helicopter after its competitor's protest of the contract was rejected by the Government Accountability Office. Airbus, which lost the competition in January, protested the award of the TH-73 that is slated to replace the Navy's aged TH-57 Sea Ranger fleet. “On Tuesday, the GAO denied the protest of the Navy's contract award of the Advanced Helicopter Training System (AHTS) program to Leonardo,” Leonardo said in a statement. “As a result, Leonardo has immediately resumed work on AHTS in Philadelphia, readying the next generation of U.S. Naval Aviators.” The contract, which is going through Leonardo's Philadelphia, Pennsylvania-based AugustaWestland facility, is valued at about $648 million. The first part of the contract was for $176.5 million and covered the first 32 helicopters. https://www.defensenews.com/naval/2020/05/14/government-watchdog-rejects-airbus-protest-over-us-navy-training-helicopter-contract/

  • Boeing’s defense unit shows profit, despite $222M loss on KC-46, T-7

    April 24, 2024 | International, Aerospace

    Boeing’s defense unit shows profit, despite $222M loss on KC-46, T-7

    Boeing's chief financial officer says the company’s defense sector is on track to high single digit profit margins in the next year or two.

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