Election Not Pivotal to Defense Contractors
The status of defense budgets and the continuing budget resolution are largely known and likely unchanging going into the next administration, no matter who is leading it, concur an array of defense industry leaders. The uncertainty of the coronavirus pandemic is having a greater impact upon defense contractors and Wall Street.
It’s Finally Arrived — Election Day
Voters are casting their ballots in the 2020 presidential election in record numbers — here in Maryland, all across the country, and even in outer space.
Rural Areas Appealing to More Workers
Recent polls indicate that many Americans in urban areas working from home would consider moving to rural areas. But internet availability could affect a decision to move.
Raytheon Cuts 19,000 Staff & Contractors
Raytheon Technologies cuts 15,000 staff and 4,000 contractors, mostly in the Pratt & Whitney and Collins Aerospace divisions, due to decreased commercial aerospace sales from the COVID-19 pandemic. The action reflects a 20% cut at both divisions, and include both temporary furloughs and a hiring freeze
Navy Orders Aviation Stand-Down After Crashes
Two crashes in the past week prompted a Naval Aviation stand-down to focus on operational risk management and mitigation. Two military officers died in the crash of a training aircraft in Alabama.
Army-Navy Game Moves to West Point for 2020
For the first time since 1943, the Army-Navy football game will not be played in Philadelphia.
Two Killed in Crash of Navy T-6B Texan II
An instructor pilot and a student aviator aboard a US Navy T-6B Texan II were killed Friday when the two-seat airplane crashed in Alabama.
Wait for the Military Vote Says Coalition
The military vote could determine the next president — after Election Day. Count Every Hero — part of the Military Vote Coalition — says many of this year’s military mail-in ballots may not arrive until after Election Day and could be a deciding factor in the outcome of the presidential election.
Audit to Probe How DoD Spent COVID Relief Funds
The Pentagon’s inspector general will audit DoD’s distribution of $1 billion from the CARES Act to determine if money designated for a coronavirus response went to defense contractors instead.