June 25, 2024 | International, Security
Discover how regulated industries are adopting military-grade cyber defenses to mitigate risks and uphold compliance in an era of escalating cyber thr
https://thehackernews.com/2024/06/why-regulated-industries-are-turning-to.html
February 14, 2023 | International, Aerospace, Naval, C4ISR
To stay ahead of China and Russia, the U.S. military is attempting to dissolve the walls between the services, their databases and their weapons.
February 13, 2019 | International, Aerospace
BERLIN (Reuters) - Britain's departure from the European Union without a deal would doom the prospects for a Franco-German next-generation fighter jet with a rival project in Britain, the head of Airbus Defence and Space told the Handelsblatt German newspaper. Dirk Hoke told the newspaper he considered it “absolutely imperative” that the EU reach an agreement with Britain on security, defence and space given the closely interwoven ties between Europe and Britain. “I consider it extremely dangerous to develop a system like FCAS (the Franco-German fighter programme) without the British,” he said, noting that potential order quantities would rise if Britain participated, making future aircraft more competitive. France and Germany this month awarded a 65 million euro (57 million pounds), two-year contract financed equally by both countries to Dassault Aviation and Airbus to start designing a next-generation combat air system for use from 2040. Hoke said there were discussions about Spain joining the Franco-German programme, but the Brexit negotiations would be decisive in determining any cooperation with Britain. “In Britain's case, we have to wait to see if there will be a hard Brexit,” he told the newspaper. “That would be fatal for the cooperation.” Reporting by Andrea Shalal; Editing by Paul Tait https://www.reuters.com/article/uk-airbus-brexit/hard-brexit-would-doom-future-merger-of-uk-franco-german-fighter-projects-airbus-defence-idUSKCN1Q20ID
March 20, 2020 | International, Land, C4ISR
Reston, Va. March, 19, 2020 -- (BUSINESS WIRE)-- Science Applications International Corp. (NYSE: SAIC) won the Federal Supply Group - 80 Tailored Logistics Support Program contract from the Defense Logistics Agency. The single-award, indefinite-delivery, indefinite-quantity contract has a ceiling value of $950 million. “We're proud to extend our partnership with the DLA in supporting our warfighters around the world,” said Jim Scanlon, executive vice president and general manager of SAIC's Defense Systems Group. “We're looking forward to bringing our expertise and technical solutions, such as our Integrated Logistics Toolkit and hazardous materials management, to bear to help improve service delivery to the Department of Defense.” On this contract, SAIC will take over supply chain management for the FSG 80 commodity, which includes paints; preservation and sealing compounds; and adhesives. Many of these items have short shelf lives and require temperature-controlled storage. The company will provide services including, but not limited to, procurement, demand planning, inventory and distribution management, shelf-life management, and direct delivery of the commodity to more than 5,000 DOD locations. SAIC's Integrated Logistics Tool kit is a suite of open-source software applications that optimizes performance on large, supply chain management programs. It automates collection of requirements, forecasting demand, and inventory and delivery management and optimization. The toolkit can also identify qualified sources of supply and generate customized reports. It was developed based on business processes and best-in-class methodologies obtained by SAIC's more than 30 years' experience in supply chain management. The contract has a three-year base period of performance with two, two-year options. About SAIC SAIC® is a premier technology integrator solving our nation's most complex modernization and readiness challenges. Our robust portfolio of offerings across the defense, space, civilian, and intelligence markets includes high-end solutions in engineering, IT, and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective, and efficient solutions. We are 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has pro forma annual revenues of approximately $7.1 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom. Forward-Looking Statements Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management's Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC's website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC's expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others. View source version on businesswire.com: https://www.businesswire.com/news/home/20200319005042/en/ Lauren Presti 703-676-8982 lauren.a.presti@saic.com Source: Science Applications International Corp. View source version on SAIC: https://investors.saic.com/press-releases/press-release-details/2020/SAIC-Wins-950-Million-Defense-Logistics-Agency-FSG-80-Contract/default.aspx