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This week’s earnings call marks the first time we’ll hear from the CEO of America’s largest defense company since the newly divided Congress won seats, said House Speaker Kevin McCarthy (R, California). Republicans on the right, including tens of billions of dollars in defense spending cuts since the U.S. revealed a deal with Huawei.
It will also be the first time we hear from industry leaders since Congress passed the 2023 Appropriations Bill, which includes a 10% increase in defense spending. Supply, which has impacted companies over the past three years, could bring him an update on chain, labor and inflation issues.
Byron Callan of Capital Alpha Partners wrote in a Jan. 22 client memo:
Earnings reporting schedule:
- Tuesday: Raytheon Technologies and Lockheed Martin
- Wednesday: General Dynamics and Boeing
- Thursday: Northrop Grumman
- Friday: L3 Harris Technologies
Ronald Reagan Institute, organizers of the annual Reagan Defense Forum in Simi Valley, Calif., will host a summit focused on the defense industry in Washington in March. The so-called National Security Innovation Base Summit will be held on March 14 at the Reagan Institute’s Washington, DC headquarters.
“This event is part of the Institute’s larger National Security Innovation Base (NSIB) program that convenes key stakeholders to assess ways to improve the coordination and resilience of the national security innovation ecosystem. department,” the organization said in a statement. “The summit will feature face-to-face panels and discussions among members of Congress, Department of Defense officials, defense industry and dual-use technology companies, investors, national security experts, and other thought leaders. increase.”
The Summit will present the National Security Innovation Base Report Card. This is an innovative policy tool developed by the Reagan Institute to measure the effectiveness, productivity and resilience of our nation’s innovation ecosystem and provide recommendations for improvement.
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U.S. Military Injects $141 Million Order for medium tactical A2 trucks and 56 trailers of the 414 family. According to truck manufacturer Oshkosh Defense, the A2 version features enhanced force protection, greater payload capacity, superior off-road mobility, increased engine power and an upgraded electrical system. These features allow FMTV A2 to support a wide range of missions, from combat missions and logistics operations to supporting relief efforts.”
Over the next seven years, NASA will invest $425 million in what it calls the “Sustainable Flight Demonstrator Project,” an effort to develop a “new generation of environmentally friendly single-aisle airliners.” Boeing and others are investing $725 million “to build, test and fly full-scale demo aircraft and validate technologies aimed at reducing emissions” that could replace the 737 and 757. We plan to invest $10,000. It is the mainstay of many airlines and its heavy use accounts for almost half of global aviation emissions,” the space agency said. “NASA plans to complete testing of the project by the late 2020s, which will allow the technology and designs demonstrated in the project to be used by the industry on next-generation single-aisle aircraft that may enter service in the 2030s. Boeing had planned to design a successor to the 757, but decided late last year for a new mid-size aircraft to stabilize its production lines for the 737 Max and 787 Dreamliner. has been postponed indefinitely.
The US military flies several different versions of the 737. Most notably, the Navy’s P-8 Submarine Hunter. The U.S. Air Force flies a business jet version of the 737, the VIP, and is in the early stages of purchasing the E-7, an airborne early warning version of the twin-engine, single-aisle aircraft. The Navy also flies passenger or cargo versions of the 737.
The US Army’s Next Generation Squad Weapon Rifle It has been given a new designation, XM/M7. In March 2021, the Army began calling this gun his XM5. “Since then, the service has learned that the M5 name has been used by Colt Industries for one of their 5.56mm carbines.As a result, the NGSW rifle is now called the XM/M7.”
make a move
James SwartoutMost recently Director of National Security Policy at MITER Corp. During the Obama administration, Swartout was Chief of Staff to Undersecretary of the Air Force Lisa Disbrow and spokesperson to Deputy Secretary of Defense Ash Carter.
Spirit Aerosystems Mark Miklos Senior Vice President of the company’s defense and space operations.Instead of Micros Duane Hawkins, president of Defense and Space Operations after Hawkins retired at the end of March. Miklos said in 2020 he was president of FMI, a Maine-based company specializing in hypersonic technology that he acquired by Spirit.
Hawkeye adoption Patrick ZeitouniFormer Head of Space Mobility at Blue Origin, will become Chief Strategy Officer.
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