Latest "greg hayes" stories

Labor shortage still pinching aerospace and defense sector

A new study found 70% of companies in the aerospace and defense sector saw increased turnover in the last 12 months.

By Joe Gould and Stephen Losey

5 months ago

Ukraine-bound NASAMS are in US hands now: Raytheon

Raytheon has delivered two sophisticated NASAMS air defense systems due for Ukraine to United States government, its chief executive said Tuesday.

5 months ago

Amid hiring boom, defense firms say labor shortage is dragging them down

Labor shortfalls rooted in the lingering effects of the COVID-19 pandemic remain a millstone around the neck of the defense industry, forcing firms to juggle staff, hold job fairs and find workarounds to keep operations running as smoothly as possible.

By Joe Gould and Stephen Losey

8 months ago

Lockheed, aiming to double Javelin production, seeks supply chain ‘crank up’

Lockheed Martin aims to nearly double production for Javelin anti-tank missiles from 2,100 to 4,000 per year, but it needs the supply chain to “crank up,” said its chief executive, Jim Taiclet.

11 months ago

Defense firms face worker losses as companies impose federal vaccine mandate

Defense firms are sounding the alarm that they expect to lose employees who refuse to comply with a federal COVID vaccination requirement for contractors, due to take effect in December.

By Joe Gould and Stephen Losey

17 months ago

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