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A US Navy (USN) carrier strike group (CSG) was successfully placed under NATO command for the first time since the end of the Cold War during the recently concluded exercise ‘Neptune Strike 2022' in the Mediterranean Sea. ‘Neptune Strike 22'...
Helicopter Maritime Strike Squadron SEVEN SEVEN has been named as the recipient of the 2021 Phoenix Award in this year’s Secretary of Defense’s Maintenance Awards.
Press release content from Globe Newswire. The AP news staff was not involved in its creation. PAE Reports Fourth-Quarter and Full Year 2020 Financial Results PAEMarch 11, 2021 GMT Fourth-quarter operating income of $20.5 million; $90.8 million for the year Fourth-quarter net loss of $6.1 million; $15.3 million net income for the year Fourth-quarter adjusted EBITDA1 of $44.0 million (margin of 5.6%1 of revenue); $180.2 million (margin of 6.6% of revenue) for the year Fourth-quarter cash flows provided by operations of $8.7 million; $100.9 million cash flows provided by operations for the year...
Shaheen pushes defense nominee for KC-46A tanker upgrades at Pease Shaheen questioned Austin as he appeared before the Senate Armed Services Committee on Jan. 19. The new fleet, which cost billions of dollars, has been hampered since arriving at Pease in 2019. The aircraft need improvements to the Remote Vision Systems model, which are cameras and sensors used by the new tankers. The cost of the upgrades is expected to be more than $550 million for the entire fleet, including the 12 KC-46A tankers at Pease, where the final aircraft is expected next month. Shaheen raised the “continuing i...
Norfolk Naval Shipyard's new commander, Capt. Dianna Wolfson, is the first female to serve in that post.