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Tag: reorganization

Congress pushes DoD to deliver

Aerospace
In the $825 billion defense spending bill Congress passed March 21, one of the under-the-radar winners was the Pentagon’s Defense Innovation Unit, which saw...

Top News

onsemi realigns business groups to expand product portfolio and accelerate growth

Semiconductor
News: Microelectronics 12 March 2024 Intelligent power and sensing technology firm onsemi of Scottsdale, AZ, USA has formed an Analog and Mixed-Signal...

US Air Force budget request leans toward R&D, trims fighter purchases

Defense
The Air Force’s proposed budget for fiscal 2025 would cut procurement of two major fighter programs — the F-35A and F-15EX Eagle II —...

Australia Lists Japan’s Mogami Class as 1 of 4 Contenders for Its Next Frigate

Defense
As part of strengthening the Royal Australian Navy’s surface combat fleet capability, Australia is planning to build a new general-purpose frigate. Now the Albanese...

SAS to join the SkyTeam Alliance, will fly to over 130 destinations this summer

Aviation
The CEO of Scandinavian Airlines-SAS has outlined the company’s plans as it moves forward on exiting Chapter 11 with its new partners Air France...

Astra warns of liquidation if proposal to go private falls through

Aerospace
WASHINGTON — The board of spacecraft propulsion and launch vehicle company Astra has warned that if it is unable to complete a deal offered...

AI replaces 700 customer service reps at fintech startup Klarna – Tech Startups

AI
In a clear sign of things to come with the rise of AI, Klarna, Europe’s most valuable fintech startup, just released a post highlighting...

Electronic Arts cuts jobs for more than 670 workers

Gaming
Electronic Arts is laying off 5% of its workforce, or around 670 of the company’s workers. EA employed around 13,400 people by the end...

Air Force reorg must happen fast and needs funding, chief says

Defense
The Air Force wants to start putting in place key parts of its sweeping reorganization as soon as possible so it can better plan...

BriefCASE: The robo-taxi gamble – Extended return-on-investment timelines rattling investors

Automotive
Aptiv's decision to discontinue capital support for Motional further accentuates the industry concerns around the return on investment related to the commercialization of Level 4/5 robo-taxi business...

Department of the Air Force needs more resources for successful reorg

Defense
The Department of the Air Force’s top leaders are on target with their newly announced reorganization. “We are out of time, Secretary of the...

US Judge Approves Sealed Settlement Between BlockFi and 3AC – Unchained

Blockchain

FTX Seeks Court Approval to Sell $175M Genesis Claim Amid Bankruptcy Proceedings

Blockchain
FTX has filed a motion in Delaware court to sell a $175 million claim against bankrupt Genesis Global Capital, aiming to optimize returns from...
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