Industry
Raytheon CEO Projects Three-Year Coronavirus Downturn
It’s ‘a hell of a lot worse than what we originally projected,’ says the head of the new company formed by the United Technologies-Raytheon merger earlier this year.
There’s a Bigger Threat Than Big Tech. It’s Big China
As lawmakers grill U.S. technology CEOs, they should ask not just about their near-monopoly power today, but also about staving off Chinese dominance tomorrow.
America’s Innovation Engine Is Slowing
Universities are in trouble and the influx of brainpower from overseas is shrinking. The long-term consequences could be disastrous.
Trump Eases Restrictions On Armed Drone Sales Abroad
US says changes needed to compete with China, but critics say it may only alienate allies.
Progressives Mount Assault on Defense Spending Ahead of Stimulus Package, Election
During a House Oversight and Reform Committee hearing, one Democrat questioned defense firms access to coronavirus stimulus money.
New CEO Wants Lockheed to Become a 5G Player
And Jim Taiclet wants the government to underwrite its new direction.
US May Need to Nationalize Military Aircraft Industry, USAF Says
That’s unless the Air Force can find a way to keep both competition and the few remaining U.S. plane-makers alive, the service’s acquisition chief said.
We Need $10B to Pay Contractors’ Coronavirus Expenses, Pentagon Tells Congress
It’s the first time a defense official has put a specific price tag on DoD’s COVID relief efforts.
Russia Wants Its Civil and Military Sectors to Cooperate. So Far, Not So Much
So U.S. policymakers should watch out for Russian efforts to avoid sanctions through trade with China.
GM Believes Army Troop Transport Deal Is Jumpstart to More Military Work
Now the company has its sights on Marine Corps, international, and more Army contracts.
Lockheed Says It’s Hired 8,300 Since Coronavirus Hit
The company also says it sent $1.1 billion in accelerated payments to keep suppliers afloat amid COVID-19.
Trump Says Wisconsin Shipyard’s ‘Location’ Swayed Navy’s Frigate Award
The president also claims he’s made the service’s ships more beautiful.
The US Intelligence Community Is Being Disrupted
Intel agencies aren’t businesses, but they'd better learn from private-sector giants gone by.
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