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October 1, 2024 | International, C4ISR, Security

U.K. Hacker Charged in $3.75 Million Insider Trading Scheme Using Hacked Executive Emails

UK hacker charged for a $3.75M insider trading scheme using hacked Microsoft 365 corporate emails.

https://thehackernews.com/2024/10/uk-hacker-charged-in-375-million.html

On the same subject

  • Northrop Grumman Receives $3.6 Billion IDIQ Contract for Infrared Countermeasures Systems

    January 4, 2019 | International, C4ISR

    Northrop Grumman Receives $3.6 Billion IDIQ Contract for Infrared Countermeasures Systems

    ROLLING MEADOWS, Ill. – Jan. 3, 2018 – Northrop Grumman Corporation (NYSE: NOC) has received a $3.6 billion indefinite delivery, indefinite quantity (IDIQ) award for Large Aircraft Infrared Countermeasure (LAIRCM) systems and support from the U.S. Air Force. Under the IDIQ, the Air Force may issue task or delivery order awards up to the ceiling amount specified in the contract. Work under the contract is set to conclude in 2025. The initial task order is $2.4 million for logistics support services. Northrop Grumman's LAIRCM system protects aircrews by detecting, tracking and jamming incoming infrared threats without the need for user intervention. “This new IDIQ award extends Northrop Grumman's multi-decade support of successful aircrew protection provided by our infrared countermeasure systems, and demonstrates our customer's confidence in LAIRCM's ability to address the rapidly changing threat environment,” said Bob Gough, vice president, land and avionics C4ISR division, Northrop Grumman. Northrop Grumman infrared countermeasures are enabling missions worldwide, having been installed on more than 1,800 aircraft of more than 80 types worldwide. For more information, please visit https://www.northropgrumman.com/Capabilities/DIRCM/ Northrop Grumman is a leading global security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernization to customers worldwide. Please visit news.northropgrumman.com and follow us on Twitter, @NGCNews, for more information. https://news.northropgrumman.com/news/releases/northrop-grumman-receives-3-6-billion-idiq-contract-for-infrared-countermeasures-systems

  • Pentagon and Lockheed Martin Sign 2020 F-35 Sustainment Contract

    January 8, 2020 | International, Aerospace

    Pentagon and Lockheed Martin Sign 2020 F-35 Sustainment Contract

    Fort Worth, Texas, January 6, 2020 /PRNewswire/ -- The F-35 Joint Program Office awarded the Lockheed Martin (NYSE: LMT) industry team a $1.9 billion contract to support operations and sustainment of the global F-35 fleet, while improving mission readiness and further reducing costs. The annual contract funds critical sustainment activities for aircraft currently in the fleet and builds enterprise capacity to support the future fleet of more than 3,000 F-35 aircraft. This includes industry sustainment experts supporting base and depot maintenance, pilot and maintainer training, and sustaining engineering across the globe. It also covers fleet-wide data analytics and supply chain management for part repair and replenishment to enhance overall supply availability for the fleet. "The F-35 continues to deliver exceptional capabilities to the field, and this contract ensures F-35s are mission ready to meet warfighter needs," said Greg Ulmer, Lockheed Martin vice president and general manager of the F-35 program. "The joint government and industry team continues to make significant progress improving readiness rates and reducing sustainment costs. 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." The F-35 Joint Program Office, together with each U.S. service, international operator and the F-35 industry team, leads F-35 sustainment and the Global Support Solution. The 2020 annualized sustainment contract will cover industry sustainment activities through December 31, 2020. Enhancing Readiness and Reducing Cost Lockheed Martin's sustainment cost per aircraft per year has decreased four consecutive years, and more than 35% since 2015. The F-35's reliability continues to improve, and the global fleet is averaging greater than 65% mission capable rates, with operational squadrons consistently performing near 75%. The F-35 enterprise continues to pursue 80% mission capable rates in the near term and reduce the F-35 Cost Per Flight Hour to $25,000 by 2025, which is equal to or less than the cost to sustain legacy, less capable aircraft. To meet these goals, the enterprise is conducting supply chain competitions and building supply capacity, synchronizing spare buys, improving parts reliability and maintainability, implementing advanced analytics tools, accelerating modifications of earlier aircraft, and supporting the stand-up of government-led regional warehouses and repair depots. More than 490 aircraft, including 134 in 2019, have been delivered and are operating from 21 bases around the globe. More than 975 pilots and 8,585 maintainers have been trained and the F-35 fleet has surpassed more than 240,000 cumulative flight hours. For additional information, visit www.f35.com. About Lockheed Martin Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 105,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. View original content to download multimedia:http://www.prnewswire.com/news-releases/pentagon-and-lockheed-martin-sign-2020-f-35-sustainment-contract-300981717.html SOURCE Lockheed Martin Aeronautics

  • The Department of Defense wants ideas for a tiny autonomous space station

    July 5, 2019 | International, Aerospace

    The Department of Defense wants ideas for a tiny autonomous space station

    By Andrew Liptak The Pentagon's Defense Innovation Unit (DIU) has issued a solicitation for a tiny, “self-contained and free flying orbital outpost” that can host experiments and equipment in orbit and could eventually be scaled up for human habitation. The Orbital Outpost that's being solicited would be small: it needs to have at least a cubic meter of space inside, be able to carry 80 kilograms, have continuous power, and should have a pressurization of anywhere from 0 to 1 atmospheres. It should be able to move around in orbit on its own, and it has to be built quickly; the military wants it ready to go within two years after it awards a contractor a contract. The military also says that it eventually wants the station to be modular (able to attach other components or other outposts), have a robotic arm, be able to carry people, and be hardened against radiation for “beyond [low Earth orbit] applications.” Full article: https://www.theverge.com/2019/7/3/20680849/department-of-defense-autonomous-space-station-ideas-experiment-human-habitation

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