March 3, 2021 | International, C4ISR, Security
Italian state-controlled defense company Leonardo has confirmed plans to list U.S. subsidiary DRS on the New York Stock Exchange.
April 6, 2022 | International, Naval, C4ISR, Security
'We have 15 years of track record that proves that the current approach to cybersecurity, driven by a checklist mentality, is wrong,' says Aaron Weis, the service's chief information officer. 'It doesn't work.'
January 22, 2019 | International, Naval
WASHINGTON, D.C., Jan. 21, 2019 – The U.S. Navy awarded the Lockheed Martin (NYSE: LMT) and Fincantieri Marinette Marine (FMM) team a fixed-price-incentive-fee contract to build an additional Littoral Combat Ship (LCS). LCS 31 will be built in Marinette, Wisconsin, at FMM, the Midwest's only naval shipyard, and is the 16th Freedom-variant LCS ordered by the Navy to date. The team will leverage capital investment and improvement in the shipyard and efficiencies created with serial production to maintain high quality at an affordable cost. "We are excited to continue our partnership with the Navy and FMM to build and deliver capable ships to the fleet,” said Joe DePietro, vice president and general manager, Lockheed Martin Small Combatants and Ship Systems. "With the Freedom-variant in serial production, we continue to enhance efficiency and incorporate capability while maintaining ship and program affordability." Since the LCS program's inception, Freedom-variant LCS production has injected hundreds of millions of dollars into local economies throughout the Midwest. The program supports thousands of direct and indirect jobs throughout the United States, including more than 7,500 in Michigan and Wisconsin. The Lockheed Martin and FMM team is in full-rate production of the Freedom-variant and has delivered seven ships to the U.S. Navy to date. There are seven ships in various stages of construction at FMM. Lockheed Martin's Freedom-variant LCS is highly maneuverable, lethal and adaptable. Originally designed to support focused missions such as mine warfare, anti-submarine warfare and surface warfare, the team continues to evolve capabilities based on rigorous Navy operational testing, sailor feedback and multiple successful fleet deployments. The Freedom-variant LCS integrates new technology and capability to affordably support current and future mission capability from deep water to the littorals. For additional information, visit: www.lockheedmartin.com/lcs. https://news.lockheedmartin.com/2019-01-21-Lockheed-Martin-and-Fincantieri-Marinette-Marine-Awarded-Contract-to-Build-Littoral-Combat-Ship-31
May 13, 2019 | International, Aerospace
Ashley Roque, Washington, DC - Jane's Defence Weekly Pentagon leaders are searching for alternative vendors to manufacture several F-35 Joint Strike Fighter components in the case Washington and Ankara are unable to resolve their dispute over latter's plan to field the S-400 air defence system. Ellen Lord, the US Department of Defense's undersecretary of defence for acquisition and sustainment, spoke with reporters on 10 May about a host of topics including the ongoing quarrel with Turkey stemming from its plan to field the Russian-built S-400 system over the US-built Patriot system. "We have been very clear that the F-35 and the S-400 are incompatible," Lord told reporters. "We have, for some time now, been working to look at alternative sources of supply for the F-35 supply chain that is inside Turkey right now," she later added. https://www.janes.com/article/88442/in-row-with-turkey-us-searching-for-alternative-f-35-component-vendors