Consulting firm McAleese and Associates has released a report on key takeaways from the testimony of Dana Deasy, chief information officer at the Department of Defense, at a House Armed Services Committee subpanel hearing on artificial intelligence. Deasy appeared Tuesday before the HASC emerging threats subcommittee to discuss the newly e...
A new McAleese & Associates report says President Donald Trump appears to have expressed support to a defense budget request of $733B to $750B for fiscal year 2020 following his meeting with lawmakers and other government officials. Trump met with Defense Secretary James Mattis; National Security Adviser John Bolton; Senate Armed ...
Consulting firm McAleese & Associates has issued a report that outlines some of the priorities of Navy Secretary Richard Spencer. Spencer said Thursday during a Center for Strategic and International Studies event that the Navy has begun to work with Huntington Ingalls Industries (NYSE: HII) on a possible two-carrier con...
A new McAleese & Associates report says several government and military leaders discussed some of the Pentagon™s technology priorities at the Reagan National Defense Forum in California. Ellen Lord, defense undersecretary for acquisition and sustainment, talked about cybersecurity and the need for strong cyber defenses to counter ...
Consulting firm McAleese & Associates has released a report on key takeaways from the two-day Reagan National Defense Forum that kicked off Friday in California. Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson; Raytheon (NYSE: RTN) CEO Thomas Kennedy; Leanne Caret, CEO of Boeing™s (NYSE: BA) defense, space and security busine...
Consulting firm McAleese & Associates has released a report that outlines some of the technology priorities of Michael Griffin, undersecretary for research and engineering at the Defense Department. One of the priorities is the need to accelerate the deployment of a space-based sensor layer to defend against hypersonic threats as mandated in the...
A report by consulting firm McAleese & Associates says investors should expect the defense budget for fiscal years 2020 and 2021 at a range of $700B to $716B per year. Jim McAleese, founder and principal at McAleese & Associates, wrote in the report that the Pentagon™s overall budget in FY 2019 demonstrates a 13 percent rise f...
Consulting firm McAleese & Associates has issued a report saying Huntington Ingalls Industries (NYSE: HII) is œecstatic about the Bipartisan Budget Act™s shipbuilding funds for fiscal years 2018 and 2019. œ[W]e are in a great spot because ships have been authorized and appropriated in the 2018-2019 window, which takes a lot o...
A report by consulting firm McAleese & Associates says Huntington Ingalls Industries (NYSE: HII) saw its revenue rise 12 percent to $2.1B in the third quarter of 2018 with a year-to-date sales increase of 10 percent. HII posted $290M in Q3 total corporate profit, reflecting a 20 percent increase from the same period last...
A report by consulting firm McAleese & Associates says Raytheon (NYSE: RTN) posted $8.7B in bookings during the third quarter of 2018, reflecting a 25 percent increase from the same period last year. Raytheon associated the increase with the integrated defense systems sector™s $1.3B Patriot missile defense system order from P...
