Back to news

July 31, 2024 | International, Land

Lockheed Martin’s Q2 sees sales surge amidst defence demands

Despite a slight dip in earnings, Lockheed Martin's sales growth and advances reveal a promising future.

https://www.army-technology.com/news/lockheed-martins-q2-sees-sales-surge-amidst-defence-demands/

On the same subject

  • Acting US Navy secretary: Deliver me a 355-ship fleet by 2030

    December 10, 2019 | International, Naval

    Acting US Navy secretary: Deliver me a 355-ship fleet by 2030

    By: David B. Larter WASHINGTON — Acting U.S. Navy Secretary Thomas Modly in public comments and in a directive to the force has mandated that the service find a path to quickly get to 355 ships. Despite some soft-pedaling from Navy leadership on the 355-ship goal, Modly has made it clear that such an inventory is national policy and that he wants leadership to get behind it. “[Three hundred and fifty-five ships] is stated as national policy,” Modly told an audience at the USNI Defense Forum on Dec. 5. “It was also the president's goal during the election. We have a goal of 355, we don't have a plan for 355. We need to have a plan, and if it's not 355, what's it going to be and what's it going to look like?” In a memo released Thursday to the force, Modly said he wanted an actionable plan by the end of the 2020s. In the memo, Modly called for the services to develop “an integrated plan to achieve ... 355 ships (or more) unmanned underwater vehicles, and unmanned surface vehicles for greater naval power within 10 years.” The push toward the 355-ship fleet, which kicked off after a 2016 force-structure assessment, has been on shaky ground of late, with former Navy Secretary Richard Spencer calling it “aspirational.” Last year, the service's former top requirements officer told an audience at the Navy's largest annual conference that people should focus more on capabilities and less on the number. The issue is that the Navy is required by law to pursue a 355-ship Navy, something that was the focus of House and Senate lawmakers early on in the Trump administration. The fleet currently stands at 292 ships. During his comments at the USNI Defense Forum, Modly said that if the Navy must fight the other services for money to achieve that goal, then that's what it should do. “We ought to be lobbying for that and making a case for it and arguing in the halls of the Pentagon for a bigger share of the budget if that's what is required,” Modly said. “But we have to come to a very clear determination as to what [355 ships] means, and all the equipment we need to support that. “How many more hypersonics are we going to need? Where are we going to put them? These are long-term investments that we will have to make, but we have to get our story straight first. So I'm going to focus a lot on that this year.” Modly's comments and his Dec. 6 directive got a boost from President Donald Trump's national security adviser, Robert O'Brien, the following day at the Reagan National Defense Forum. O'Brien told the audience there that Trump meant business when he called for a larger Navy during the 2016 campaign. “When President Trump says a 350-ship Navy, he means a 350-ship Navy, and not decades from now,” O'Brien said. https://www.defensenews.com/naval/2019/12/09/acting-us-navy-secretary-deliver-me-a-355-ship-fleet-by-2030/

  • How to Use Python to Build Secure Blockchain Applications

    June 27, 2024 | International, Security

    How to Use Python to Build Secure Blockchain Applications

    Learn how to build secure blockchain applications in Python with AlgoKit, the comprehensive toolkit for Algorand developers.

  • Boeing Pitches 'F-15X' Fighter Concept to US Air Force: Report

    July 23, 2018 | International, Aerospace

    Boeing Pitches 'F-15X' Fighter Concept to US Air Force: Report

    By Oriana Pawlyk FARNBOROUGH, England -- There may be a new-old fighter jet on the horizon for the U.S. Air Force. DefenseOne reports that Boeing Co. is pitching a new version of the F-15 Eagle as the service defines its inventory mix of fourth- and fifth-generation aircraft. Known as F-15X, the fighter would be equipped with better avionics and radars and would carry more than two dozen air-to-air missiles, DefenseOne said, citing unnamed officials with knowledge of the plans. The strategy would mimic what Boeing did with its Block III F/A-18 Super Hornet: taking an old concept, but boosting the jet fleets to be more potent in current and future missions with a larger variety of weapons, extended range, advanced targeting and sensor systems, and better fuel efficiency, among other enhancements. "We see the marketplace expanding internationally," Gene Cunningham, vice president at Boeing for Global Sales for Defense, Space & Security, told reporters at the Royal International Air Tattoo on Friday. "And it's creating opportunities then to go back and talk to the U.S. Air Force about what might be future upgrades or even potentially future acquisitions of the F-15 aircraft." Related content: Misplaced Depot Paperwork Led to F-15 Grounding, Officials Say As UK Showcases Its Next-Gen Fighter, US Stresses Interoperability Military.com Farnborough Airshow Coverage Boeing on Wednesday did not have further comment beyond Cunningham's remarks. The move comes as officials in recent months have considered retiring the older F-15C/D fleet. Last March, officials told lawmakers they were looking at plans to retire the two models as early as the mid-2020s. The service has 212 F-15C and 24 F-15D models, according to the Air Force Association's 2017 aircraft inventory almanac. Air National Guard Director Lt. Gen. L. Scott Rice at the time said the service as a total force was in "deep discussions" regarding the retirement, with plans to further assess the F-15 inventory this year. But the service is determining what it may procure for its combat-coded fleet going forward. The Air Force is expected to soon debut its aviation road map on just how many fighter aircraft, and potentially other aircraft, it needs to sustain the future fight. Air Force Secretary Heather Wilson in May told Military.com the study may also outline the direction for how it trains and retains pilots for certain platforms. Congress directed the service in the 2018 National Defense Authorization Act to study the number of fighter and combat-coded squadrons it needs to plus-up to in order to remain ready, she said, similar to what the Navyrecently did with its 355-ship plan. "What do we really need for force structure under this National Defense Strategy ... that work is underway now," Wilson said in an interview. "We have a first look that's due in August, and a report due to Congress in March. "We've been directed to prepare for the re-emergence of great power competition," she said. "We have 301 operational squadrons today of all types, but how many do we really need and what types to confront this threat?" https://www.military.com/dodbuzz/2018/07/19/boeing-pitches-f-15x-fighter-concept-us-air-force-report.html

All news