April 26, 2024

Who Made the Most Defense Revenue in FY15

The top 20 Defense Contractors listed by their defense revenue in FY15.

Drones in Restricted Airspace Face $1.9M Fine

drones in restricted airspace

FAA proposes $1.9 million fine on SkyPan International Inc., a small Chicago-based aerial-photography firm for 65 flights of drones in restricted airspace.

Lockheed to Cut 500 Jobs in IT Services Unit

Lockheed says the cut it is not the result of the strategic IT review conducted after buying Black Hawk maker Sikorsky Aircraft for $9 billion.

Marine & Navy Officer Fired Guns in Chattanooga

Jimi Lanham

A Navy officer and a Marine fired their sidearms attempting to subdue the gunman who killed five service members last week in Chattanooga, TN.

Lockheed Hits JSF Target

f-35

Despite an up and down year, Lockheed delivered 36 F-35s to the Pentagon, making its 2014 target and retaining its sterling investment reputation into the future.

O’Malley Vetoes Wind Farm Delay Bill

Governor said the bill would send “a chilling message” to the clean-energy industry but Steny Hoyer and John Bohanan point to NAS Pax River impacts.

Athletes & Warships Head to Olympics

Amid continued security concerns at the Winter Olympic Games in Sochi, the US has two warships and transport aircraft ready to evacuate US officials and athletes.

Budget Delivers a Merry Christmas to Contractors

capitol hill winter

The bi-partisan budget bill on its way toward final approval makes big winners of big defense contractors, especially in aerospace and arms. Investors can expect a happy new year.

UAS Launches from Sub, Budgets Keep Shrinking

US military technology continues to advance and the whole world wants it. Meanwhile the US military budget crumbles.

Hill Debates FY14 Defense Budget

Pentagon Capitol

The 2014 defense bill must pass by Dec. 12 to avoid a $50 billion cut hitting the Pentagon mid-January.