August 3, 2023 | International, Security
The Pentagon in December 2022 selected Amazon, Google, Microsoft and Oracle for its Joint Warfighting Cloud Capability, or JWCC.
September 3, 2024 | International, C4ISR, Security
Eight vulnerabilities in Microsoft macOS apps allow attackers to bypass permissions, gaining unauthorized access to sensitive data.
March 30, 2020 | International, Aerospace, Naval, Land, C4ISR, Security
Jen DiMascio President Donald Trump signed a $2.2 trillion stimulus bill into law March 27, aimed at shielding the U.S. economy from damage done by COVID-19-related closures, and that will also provide assistance to the aerospace and defense industry. In addition to giving businesses numerous incentives to retain employees, the act offers $17 billion in loans and loan guarantees to national security contractors such as Boeing, which had appealed to Congress for $60 billion in relief for itself and its suppliers. The Coronavirus Aid, Relief and Economic Security Act does attach strings to the loans, restricting companies that accept the money from share buybacks, making increases to executive compensation and instituting layoffs. In a statement issued March 26, Boeing said its CEO and board chairman are giving up their pay, and that the company is extending its dividend and will pause share repurchasing “until further notice.” The law also provides $10.5 billion in new defense spending – primarily for personnel and operations – along with $2.5 billion aimed at maintaining the industrial base. The act “confirms that there is no risk that fiscal 2020 and prior appropriations would be raided to pay for pandemic response costs,” said Byron Callan of Capital Alpha Partners in a note to investors. But he cautioned that analysts and planners have to factor the changes made by the new law when looking toward budgets for fiscal 2021 and beyond. Another stimulus package is likely to follow in April or May, which may include additional funding for defense, Callan added. Industry groups cheered passage of the act. “We encourage federal government officials and lawmakers to continue to support the aerospace and defense industry through the duration of the pandemic and to ensure sector stability during the economic recovery phase,” said the American Institute of Aeronautics and Astronautics. “The aerospace and defense contribution to the economy on the other side of the COVID-19 crisis will be crucial for restarting and building the economic engine to its pre-crisis momentum.” The legislation offers “tools and incentives” that will provide support to many small businesses and the supply chain, said Eric Fanning, president and CEO of the Aerospace Industries Association. And David Berteau, president of the Professional Services Council, which represents federal government contractors, is looking to the future, saying that as the impact of the pandemic continues, the council will focus on keeping the government working, keeping contractors working and ensuring that contractors and their employees are paid. Lockheed Martin President and CEO Marillyn Hewson made a related announcement about the company's plan to help with COVID-19 relief, saying it will advance $50 million to small- and medium-sized suppliers, donate $10 million to non-profit COVID-19 relief organizations and set aside a $6.5 million relief fund for its own employees. The company will also offer engineering and technical assistance to government officials, and donate corporate aircraft and vehicles for logistical support, facilities for medical supply storage, distribution and COVID-19 testing. “Finally, during this time of economic uncertainty, we will continue our planned recruiting and hiring,” Hewson said. “Given the requirement for social distancing, Lockheed Martin will deploy virtual technology and other techniques to sustain our hiring activity during this crisis period.” https://aviationweek.com/aerospace/covid-19-stimulus-includes-aerospace-defense-industry-assistance
July 25, 2019 | International, Naval
From Commander, Naval Surface Force, U.S. Pacific Fleet Public Affairs CINCINNATI, Ohio (NNS) -- The U.S. Navy has approved the commissioning date for the future littoral combat ship USS Cincinnati (LCS 20). The Navy will commission Cincinnati, Oct. 5, 2019 in Gulfport, Mississippi. The commissioning ceremony signifies the acceptance for service and the entrance of a ship into the active fleet of the U. S. Navy. Former U.S. Secretary of Commerce Penny Pritzker is the ship's sponsor. As the sponsor, Pritzker leads the time-honored Navy tradition of giving the order during the ceremony to “man our ship and bring her to life!” At that moment, the commissioning pennant is hoisted and Cincinnati becomes a proud ship of the fleet. Indianapolis, Indiana native Cmdr. Kurt Braeckel is the commanding officer of the littoral combat ship. Former Secretary of the Navy Ray Mabus announced LCS 20 would be named for Cincinnati at the Cincinnati Reds baseball game, July 19, 2015. LCS 20 will be the fifth ship in naval history to be named Cincinnati. The first played an integral part in the Civil War; the second enforced neutrality laws during the Cuban Revolution and saw service during the Spanish-American War; the third acted as a patrol and flagship during World War II; and the fourth, a Los Angeles class submarine, was commissioned in 1978 and served during the Cold War. LCS is a highly maneuverable, lethal and adaptable ship designed to support focused mine countermeasures, anti-submarine warfare and surface warfare missions. The LCS class consists of two variants: the Freedom variant and the Independence variant. Indianapolis is a Freedom variant. The future Cincinnati will be homeported in Naval Base San Diego upon her commissioning. A fast, agile surface combatant, the LCS provides the required war fighting capabilities and operational flexibility to execute a variety of missions; areas such as mine warfare, anti-submarine warfare and surface warfare. https://www.navy.mil/submit/display.asp?story_id=110349&utm_source=phplist3030&utm_medium=email&utm_content=HTML&utm_campaign=Headlines