The list is here: Find out how global defense companies performed in FY20

On the same subject

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  April 7, 2020 | International, Aerospace

  Boeing extends plant shutdowns in Washington state

  ByEd Adamczyk April 6 (UPI) -- Boeing Co. announced an extension of a production suspension in its Washington state facilities, and signaled that layoffs and buyouts could be coming, to help stem the spread of COVID-19. The company's Puget Sound and Moses Lake sites will be closed until further notice because of the spread of the coronavirus, additional advice from state health authorities and supply chain disruptions, the company said in a Sunday statement. The original shutdown began on March 23 and was scheduled for two weeks. The Puget Sound facilities are mostly known for constructing commercial aircraft, but the military's KC-46 tanker and P-8 maritime patrol aircraft are built on the same lines. Boeing officials said last month the stoppage is not expected to affect their production too greatly. Boeing employs about 70,000 people in the region. Last week it announced a two-week closure of facilities in the Philadelphia area for two weeks due to the spread of the virus. In a letter last week to employees, CEO David Calhoun predicted that the company's recovery from the health crisis will be lengthy. "When the world emerges from the pandemic, the size of the commercial market and the types of products and services our customers want and need will likely be different," he said. "It's important we start adjusting to our new reality now." Within several weeks, a buyout package will be offered to some of Boeing's 161,000 U.S. employees. Nearly one-third of its 27,000 unionized machinists are over 55, and with an aging workforce a buyout could find many takers. While the company appears to be eligible to receive funds from a $17 billion loan available to the aviation industry included in the $2 trillion federal stimulus package it is required to maintain staffing at 90 percent of current levels. https://www.upi.com/Defense-News/2020/04/06/Boeing-extends-plant-shutdowns-in-Washington-state/2371586187284

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  March 15, 2021 | International, Aerospace, Naval, Land, C4ISR, Security

  Chaos, cash and COVID-19: How the defense industry survived — and thrived — during the pandemic

  A year into the pandemic, Defense News has measured its toll on the defense industry. The full scope of damage is complex and still coming into focus, but a broad outline is becoming clear.

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  January 23, 2019 | International, Aerospace, C4ISR

  US spy satellite launched into orbit from Vandenberg Air Force Base

  By: The Associated Press VANDENBERG AIR FORCE BASE, Calif. — A powerful Delta 4 Heavy rocket carrying a U.S. spy satellite lifted off Saturday from California. The rocket propelled the National Reconnaissance Office satellite from Vandenberg Air Force Base at 11:10 a.m. Pacific time, arcing over the Pacific Ocean west of Los Angeles as it headed toward space. The outer boosters of the rocket separated about four minutes into flight, followed shortly by separation of the central first-stage booster and successful ignition of the upper stage. As is customary with classified payloads, United Launch Alliance webcast the liftoff only until the aerodynamic fairing covering the payload was discarded. Details of the mission, dubbed NROL-71, were not released. The launch had been repeatedly delayed since late last year for various reasons including a hydrogen leak, high winds and a problem with ground communication equipment. The National Reconnaissance Office is responsible for U.S. intelligence satellites. United Launch Alliance is a joint venture of Lockheed Martin and Boeing. The Delta 4 Heavy stands 233 feet (71 meters) tall. https://www.airforcetimes.com/news/your-air-force/2019/01/20/us-spy-satellite-launched-into-orbit-from-vandenberg-air-force-base/