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  • Greece signs pact to buy three frigates from France

    1 octobre 2021 | International, Naval

    Greece signs pact to buy three frigates from France

    The Greek ministry of defense has committed to buying three frigates from France's Naval Group with weaponry supplied by MBDA in a potential $3.5 billion deal, the companies announced on Sept. 28.

  • Cessna-maker Textron to cut 725 jobs as part of restructuring plan | Reuters

    28 novembre 2023 | International, Sécurité

    Cessna-maker Textron to cut 725 jobs as part of restructuring plan | Reuters

    Business jet maker Textron said on Tuesday it would cut 725 jobs as part of its restructuring plan in an attempt to reduce operating expenses, sending its shares up more than 2% after the bell.

  • Lockheed adds Dunford, former top US military officer, to board

    27 janvier 2020 | International, Aérospatial, Naval, Terrestre, C4ISR, Sécurité

    Lockheed adds Dunford, former top US military officer, to board

    By: Aaron Mehta WASHINGTON — Lockheed Martin has added Joe Dunford, the former chairman of the Joint Chiefs of Staff, to its board of directors, the company announced Friday. Dunford, the Marine general who retired out of service at the end of September 2019, will become the 12th member of Lockheed's board come Feb. 10 of this year. He will serve on the board's Classified Business and Security Committee as well as its Nominating and Corporate Governance Committee. "General Dunford's service to the nation at the highest levels of military leadership will bring valuable insight to our board," Marillyn Hewson, chairman, president and CEO of Lockheed Martin, said in a statement. "His experience in complex, global operations and risk management, including cybersecurity threats, is a tremendous asset and will enhance board oversight in key business areas." Lockheed Martin is the world's largest defense contractor, with $50.5 billion in defense revenue in fiscal 2018. The announcement may spur renewed calls by good government groups to close the so-called “revolving door” between the Pentagon and the defense industry, an issue that has taken on new life given the number of industry executives who have joined the defense department under President Donald Trump. That list is most prominently headlined by Secretary of Defense Mark Esper, a former Raytheon executive, and Pat Shanahan, a Boeing executive who was confirmed as deputy secretary of defense and then served six months as the acting secretary to start 2019 before departing the building. Sen. Elizabeth Warren, a top nominee for the Democratic nomination for president, has called for a ban on defense primes hiring senior Pentagon officials and officers for four years after they leave retire. https://www.defensenews.com/industry/2020/01/25/lockheed-adds-dunford-former-top-us-military-officer-to-board

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