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EU and Zelenskiy expected to sign Ukraine security pact

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  • Canadian Suspect Arrested Over Snowflake Data Breach and Extortion Attacks

    5 novembre 2024 | International, C4ISR, Sécurité

    Canadian Suspect Arrested Over Snowflake Data Breach and Extortion Attacks

    Canadian authorities arrest Alexander "Connor" Moucka for alleged Snowflake breach linked to data extortion.

  • The list is here: Find out how global defense companies performed in FY19

    17 août 2020 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

    The list is here: Find out how global defense companies performed in FY19

    By: Mike Gruss The adage is that it is difficult for an aircraft carrier to turn on a dime. The same could be said for the defense industry or Pentagon budgets and as such, the Defense News Top 100 list. Changes are slow and can take time to appear on our list. For example, for the first time, this year's list reflects the result of the L3-Harris merger. L3, ranked 18th on last year's list, and Harris, ranked 26th a year ago, merged to form what everyone expected: one of the world's largest defense corporations in L3Harris Technologies, ranked 9th on our list. Next year, observers will see the results of the merger between Raytheon, ranked 5th on this year's list, and United Technologies Corp., ranked 10th on this year's list. Thematically, the shifts that defense and military leaders have spent years discussing are becoming fully reflected in industry. China's heavy investments in defense are becoming evident by the inclusion of Aviation Industry Corporation of China (6th), China North Industries Group Corporation Limited (8th), and China Aerospace Science and Industry Corporation (11th) on this year's list. The role of integration and communication tools is becoming more important, as is evidenced by Leidos, Peraton and Perspecta's inclusion. Medium-sized businesses are becoming increasingly critical players. And, for years, U.S. military leaders have heard from Silicon Valley startups that it remains too difficult to break into the defense market in a meaningful way. Advocates will likely point by how few are in the list. Other companies have complained that the big primes have too much of a lock on Pentagon contracts, perhaps seen in how the top five bring in more than twice the revenue of the next five. Each year, the Defense News Top 100 is part art, part science. Every year, the Defense News team tries to push it a bit closer to science. This year's list, like years past, is a snapshot of what's happening in defense markets and maybe, just maybe, a hint of what's to come. https://www.defensenews.com/top-100/2020/08/17/the-list-is-here-find-out-how-global-defense-companies-performed-in-fy19/

  • GOP’s ‘targeted’ stimulus doesn’t include defense dollars

    9 septembre 2020 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

    GOP’s ‘targeted’ stimulus doesn’t include defense dollars

    By: Joe Gould WASHINGTON ― Senate Majority Leader Mitch McConnell on Tuesday introduced and set up a floor vote for a leaner Republican coronavirus relief bill, but it does not contain the billions of dollars the defense industry has sought to diffuse the economic impact of the pandemic. The bill, which includes some of the elements of the $1 trillion package the GOP proposed in July, is intended to break a weekslong partisan stalemate. However, it has a slim chance of passage in the face of Democrats' insistence for more sweeping aid. “The Senate Republican majority is introducing a new targeted proposal, focused on some of the very most urgent health-care, education and economic issues. It does not contain every idea our party likes,” McConnell said in a statement. “I will be moving immediately today to set up a floor vote as soon as this week.” It wasn't immediately clear what the differences, if any, were to an earlier version that Senate Republicans floated last month. Both draft bills excluded the $29 billion for defense that the GOP included in its previous $1 trillion package. The $1 trillion proposal from July contained $11 billion to reimburse defense contractors for coronavirus-related expenses, as authorized by Section 3610 of the Coronavirus Aid, Relief and Economic Security Act. which expires Sept. 30. Defense firms and trade associations have lobbied for an extension of Section 3610 as well as the funding, fearing the Pentagon would otherwise have to tap modernization and readiness accounts. The move comes as lawmakers straggle back to Washington for an abbreviated preelection session, as hopes are dimming for another coronavirus relief bill — or much else. Passage of an extension for Section 3610 and any funding may have a better chance if lawmakers can attach it to and pass a stopgap continuing resolution before Sept. 30, when the fiscal year ends and 2020 appropriations run out. However, defense industry observers were pessimistic on Tuesday. “I don't see any of the COVID package procurement money making it into the CR, and the CR is a high hurdle in any event,” a defense industry source told Defense News. “This Senate bill is a ‘press release' bill and not a piece of legislation that has a chance of passing into law.” Several Republican senators in tough reelection bids are eager to show constituents they are working to ease the pandemic's strain on jobs, businesses and health care. But many Senate Republicans are resisting more spending. Senate Finance Committee Chairman Chuck Grassley, R-Iowa, told reporters Tuesday that the GOP conference would discuss the legislation during a meeting on Wednesday. McConnell's move Tuesday would clear the way for a Thursday test vote in which the $500 billion, scaled-back bill — roughly half the size of a measure McConnell unveiled earlier this summer — is sure to be blocked by Democrats. McConnell's bill would provide more than $100 billion to help schools reopen, enact a shield against lawsuits for businesses and others that are powering ahead to reopen, create a scaled-back supplemental jobless benefit of $300-per-week, and write off $10 billion in earlier post office debt. (The National Defense Industrial Association is among groups that have called for a liability shield.) But the bill won't contain another round of $1,200 direct payments going out under President Donald Trump's name. House Speaker Nancy Pelosi, D-Calif., continues to demand $2.2 trillion, and while Trump's negotiators have signaled a willingness to inch further in her direction, a significant gap remains. Pelosi and Senate Minority Leader Chuck Schumer, D-N.Y., rapped McConnell in a statement Tuesday for resisting earlier calls to work on an economic stimulus bill. They called the most recent bill “political” and a nonstarter with Democrats. “As they scramble to make up for this historic mistake, Senate Republicans appear dead-set on another bill which doesn't come close to addressing the problems and is headed nowhere,” Pelosi and Schumer said. The Associated Press contributed to this report. https://www.defensenews.com/congress/2020/09/08/will-gops-targeted-stimulus-include-defense-dollars/

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