The top Democrat on the Senate Commerce, Science and Transportation Committee is urging Treasury Secretary Steven Mnuchin to reopen the federal loan application process for businesses that are critical to national security, and revise the eligibility criteria to include the aerospace supply chain to help support the defense industry during the global coronavirus pandemic.
Gen. Charles Brown, President Donald Trump’s pick to be the next U.S. Air Force Chief of Staff, says he would continue many of the same modernization efforts as his predecessor, but recognizes the service must adjust its strategy and priorities because of the spread of the novel coronavirus.
Lockheed Martin has achieved its pledged goal of delivering $450 million in accelerated progress payments from the Pentagon to support the supply chain during the global novel coronavirus pandemic.