Search Results for: Lockheed

DoD to ‘Boost’ Space Spending?

One of the biggest stories to come blasting out of the defense budget, which will be released next week, could be the increases in Defense Department spending on space and rocket programs, The Wall Street Journal reported. That’s because despite the uncertain economic climate and the vigilance of deficit hawks, …

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Carter: DoD Open to Small Defense Mergers

The Defense Department realizes defense company mergers are a reality in an era of tight budgets, the Pentagon’s procurement chief said in a Wall Street address yesterday. In fact, DoD is even open to such mergers and acquisitions. But, in return, the Pentagon expects companies to operate more transparently and …

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Defense Budget Woes Leave Few Good Options Left, Experts Say

Defense Secretary Robert M. Gates has let his voice be heard: Congress’ lollygagging on passing a defense appropriations bill and the threat of a fiscal-year-long continuing resolution is the “crisis on my doorstep,” he said last week. Now, defense analysts are chiming in with their concerns. A senior Navy official …

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Gates Wants ‘Better Protections for both .Gov and .Com’

Speaking at a meeting of The Wall Street Journal CEO Council, Defense Secretary Robert M. Gates said the recent partnership between the Department of Homeland Security, a civilian agency, and the Defense Department’s National Security Agency would lead to better Internet security. Gates said his hope is that the partnership, …

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Women Break Through Defense-Contracting Glass Ceiling

Defense contracting may have one of the most “macho” of professional images. But the women at the heads of Washington, D.C.-area contractors, such as Linda Hudson of BAE Systems, might as well have driven a tank through this particular glass ceiling. The Washington Post reports a growing number of women …

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Lights Out: US Smart Grid Vulnerable to Hackers around the World

As the Department of Energy seeks to implement the Smart Grid, a modern electricity network delivering power using two-way digital communications technology, has also created points of vulnerabilities in the U.S. power grid. Kenneth Van Meter, general manager of Energy and Cyber Services for Lockheed Martin, whose company has partnered …

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Cloudy Forecast for Math, Science Education

An updated report on U.S. math and science education titled “Rising Above the Gathering Storm” indicates the nation shouldn’t start singing “Blue Skies” anytime soon. The report, an update of a 2005 study, finds that proficiency in math and science enables the United States to compete globally, especially in the …

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BAE Evaluates Selling up to $2 Billion in Assets

BAE Systems has hired two banks to explore its options in selling its platform solutions business, the company confirmed this week. J.P. Morgan and Wells Fargo & Co. will help BAE evaluate its  platform solutions division, comprising bus and truck hybrid propulsion systems and flight controls. “They may be assembling …

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