Top US defense primes record minimal tariff impact in Q1 earnings
The six largest US defense firms all reported quarterly results this week, and the potential impact of tariffs was front and center.
L3Harris CEO offers advice, criticizes Biden administration in new letter to DOGE heads
Chris Kubasik’s Jan. 15 letter to DOGE heads Elon Musk and Vivek Ramaswamy is the first foray by an executive at a legacy defense prime into the emerging discourse on how the incoming administration can revitalize the American defense industrial base
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Turning R&D into reality to meet the challenges of the modern battlefield
Knowing when to build on commercial systems and when to develop something new can be the difference between parity and information dominance.
L3Harris selloffs hampered by low bids, CEO says
“To the extent we can get a good price for what we've identified as non-core [businesses], we'll do it. But too many of the offers are coming in low and people think we're desperate to sell, and I can assure you we're not,” said L3Harris CEO Chris Kubasik.
L3Harris to sell commercial aviation business for $800 million
The sale could help L3Harris pay down debt and focus as a defense supplier.
L3Harris, Australia’s NIOA team to produce domestic ‘rocket motors, boosters and warheads’
The new partnership aims to stand up a “multi-user rocket motor facility” in Australia that can meet needs for munitions and space launch.
Lockheed in ‘late stage negotiations’ with unnamed solid rocket motor supplier: CEO
After failed bid to buy Aerojet Rocketdyne, Lockheed is “endeavoring... to create another supplier,” CEO Jim Taiclet told lawmakers.
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Data overload threatens decisionmakers as autonomy expands
Reducing cognitive overload on warfighters while improving “time to trust” for autonomous systems is a matter of design.
FTC won’t block L3Harris purchase of Aerojet Rocketdyne; CEO says deal to close this month
"We were advised today that the FTC will not block our acquisition of Aerojet Rocketdyne; therefore, we are moving forward to close the transaction on or about July 28," wrote L3Harris CEO Chris Kubasik in a note to investors.
L3Harris CEO draws hard line against fixed-price development contracts
Eyeing risks of losses, L3Harris' Chris Kubasik said, "I think the industry as a whole is going to continue to no-bid these contracts until [DoD uses] the right vehicles.”
L3Harris acquiring Aerojet Rocketdyne for $4.7B
The deal, which is subject to approval by the Federal Trade Commission, is expected to close in 2023.
‘Tactical tanker’: Why L3Harris, Embraer think KC-390 offering can dodge new tanker wars
"This will easily be Buy American Act [compliant]. It's not even going to be close," L3Harris CEO Chris Kubasik said of the effort with Brazil's Embraer.
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GPS: Still the gold standard in global navigation
The GPS network continues to prove its unmatched reliability, and it’s only getting stronger.
Marillyn Hewson Will Helm Lockheed Martin In Kubasik’s Stead
Marillyn A. Hewson named as #Lockheed Martin CEO effective January after board ousts Chris Kubasik. Bob Stevens, current CEO, will remain on board ColinClarkAOL
Lockheed Heir Apparent Chris Kubasik Resigns Over Affair
Chris Kubasik, anointed incoming CEO for #Lockheed Martin, forced to resign after “lengthy and close personal relationship with a subordinate.” ColinClarkAOL
New Air Force Chief Offers Strong Support For Lockheed’s F-35 At Fort Worth Plant
This is one of those videos we’ll put up occasionally just for the record. It’s the only way most folks are going to know that Air Force Chief of Staff Mark Welsh visited the F-35 plant in Fort Worth and voiced strong support for the plane. Welsh’s remarks come as Lockheed declared yesterday afternoon during […]