DefenseNews

Lockheed’s CFO abruptly exits, sparking search for replacement

WASHINGTON ― Defense titan Lockheed Martin named a longtime company veteran as its acting chief financial officer Tuesday after Kenneth Possenriede suddenly retired. Treasurer and Vice President John Mollard will temporarily take over for Possenriede, who became the CFO in 2019. Possenriede decided to immediately retire due to personal reasons, the company said in a news release. Mollard…
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DefenseNews

Boeing conducts first manned-unmanned teaming event with MQ-25 tanker

WASHINGTON — Boeing conducted its first manned-unmanned teaming test of the MQ-25A Stingray paired with U.S. Navy aircraft, demonstrating the unmanned tanker can take commands from pilots midair and adjust as the mission changes. The MQ-25 was designed to primarily communicate with a ground-based air vehicle operator, or AVO — likely located on an aircraft carrier — but that could change…
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DefenseNews

Air Force to delay full-rate production of Grey Wolf helicopter

WASHINGTON — Boeing’s MH-139A Grey Wolf helicopter will enter full-rate production later than expected, a U.S. Air Force program executive said Tuesday. The Grey Wolf program was initially scheduled for a Milestone C decision by the end of fiscal 2021, which would trigger the start of full-rate production. However, ongoing delays in certifying the aircraft with the FAA will force the…
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DefenseNews

IAI and Hensoldt team up for German ballistic missile defense radar

JERUSALEM — Germany’s Hensoldt has won a contract to supply new radars to the country’s military, according to a July 26 statement from the sensor specialist, with Israel Aerospace Industries also contributing toward the ultimate goal of modernizing Germany’s ballistic missile defense capabilities. The €200 million (U.S. $236 million) contract comes in the wake of a June deal with IAI…
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