Latest news with #41stAnnualStrategicDecisionsConference
Yahoo
3 days ago
- Business
- Yahoo
The F-35 could be 'pilot optional' in the not-too-distant future, Lockheed Martin CEO says
Lockheed Martin's CEO announced plans for an uncrewed F-35. The F-35 and F-22 will gain next-gen stealth, electronic warfare, and weapons improvements, he said. The US Air Force wants uncrewed aircraft to support piloted ones and add mass to its force. Lockheed Martin is developing an advanced version of its F-35 stealth fighter jet that could potentially be uncrewed, the company's CEO said on Wednesday. Speaking at the Bernstein's 41st Annual Strategic Decisions Conference, CEO Jim Taiclet floated the possibility of an F-35 whose pilot could be "optional" within a "relatively modest time frame." He outlined what he called "fifth-gen-plus" aircraft, where within two or three years both the F-35 and the older F-22 Raptor would feature several capabilities, including stealth coatings, electronic warfare improvements, and an unspecified weapons improvement, he said. Lockheed is repurposing much of this tech from its failed bid for the F-22 Raptor replacement, advances whose capabilities could rival those of the winning jet design at a much lower cost. Boeing secured the contract for the US Air Force's Next-Generation Air Dominance program, or NGAD, to develop the sixth-generation F-47. Lockheed Martin didn't protest the decision. "Our target is 80% of the capability of an NGAD sixth-generation at 50% of the unit costs," Taiclet said. These improvements would be introduced in stages, he said, with consideration to how the aircraft will be integrated with other systems. Some updates could be done in two to three years for "a meaningful increase in capacity," Taiclet said. That includes stealth coatings on the aircraft's surface and adjustments to its shape, as well as electronic warfare and weapons capabilities upgrades. Sixth-generation are a class of aircraft whose stealth, speed, automation and extended range are expected to make them the world's premier aircraft as they enter service in the 2030s. More than 1,200 F-35s have already been delivered to the US and 12 additional countries' militaries. The F-35 program has hit several snags over the years, including costs and goals. The lifetime F-35 program costs top $2 trillion, and sustainability costs are also rising. Last year, the US Government Accountability Office assessed that the F-35 isn't hitting mission-capable goals and hasn't for years. On a company earnings call in April, Taiclet said the fifth-gen plus upgrade focused on better capabilities at a lower cost but details were sparse. "We're basically going to take the [F-35] chassis and turn it into a Ferrari," he said. Autonomous or uncrewed capabilities in aircraft have been a top priority for the US Air Force. Its Collaborative Combat Aircraft initiative has focused on unmanned aircraft capable of operating alongside piloted aircraft or autonomously for a variety of missions. Air Force leadership has touted these "loyal wingmen" as not only giving pilots a variety of options for how to employ them — as sensors, weapons carriers, or jamming platforms — but also offering the possibility of having enough with lower costs than crewed aircraft. That could be key in a conflict with a peer adversary, like China or Russia. A pilot could direct a CCA on missions too dangerous for crewed fighters. At the conference, Taiclet said Lockheed Martin's interest in pilot-optional F-35s lent itself to the CCA. "We're thinking of the F-35 not just as a standalone aircraft, but how it can interface with sixth generation and with unmanned aircraft and itself be optionally manned," he said. Efforts for F-35 autonomy would be similar to the Air Force's AI-guided F-16 fighter jet that's been used in recent years to test AI pilots. The aircraft is part of the Air Force and Defense Advanced Research Project Agency (DARPA)'s AI fighter jet pilot program, which has been working on testing, iterating, and updating AI agents to fly the jet. Last year, then-Air Force Secretary Frank Kendall flew in the X-62A pilot by AI, "witnessing several AI agents as they autonomously maneuvered the X-62 against a manned F-16 in dogfighting engagements," an Air Force official said at the time. Those manned-unmanned dogfights have been ongoing and the service has said it's learning a lot of information from them, especially on how autonomous aircraft could aid or support manned pilots. Read the original article on Business Insider
Business Insider
3 days ago
- Business
- Business Insider
The F-35 could be 'pilot optional' in the not-too-distant future, Lockheed Martin CEO says
Lockheed Martin is developing an advanced version of its F-35 stealth fighter jet that could potentially be uncrewed, the company's CEO said on Wednesday. Speaking at the Bernstein's 41st Annual Strategic Decisions Conference, CEO Jim Taiclet floated the possibility of an F-35 whose pilot could be "optional" within a "relatively modest time frame." He outlined what he called "fifth-gen-plus" aircraft, where within two or three years both the F-35 and the older F-22 Raptor would feature several capabilities, including stealth coatings, electronic warfare improvements, and an unspecified weapons improvement, he said. Lockheed is repurposing much of this tech from its failed bid for the F-22 Raptor replacement, advances whose capabilities could rival those of the winning jet design at a much lower cost. Boeing secured the contract for the US Air Force's Next-Generation Air Dominance program, or NGAD, to develop the sixth-generation F-47. Lockheed Martin didn't protest the decision. "Our target is 80% of the capability of an NGAD sixth-generation at 50% of the unit costs," Taiclet said. These improvements would be introduced in stages, he said, with consideration to how the aircraft will be integrated with other systems. Some updates could be done in two to three years for "a meaningful increase in capacity," Taiclet said. That includes stealth coatings on the aircraft's surface and adjustments to its shape, as well as electronic warfare and weapons capabilities upgrades. Sixth-generation are a class of aircraft whose stealth, speed, automation and extended range are expected to make them the world's premier aircraft as they enter service in the 2030s. More than 1,200 F-35s have already been delivered to the US and 12 additional countries' militaries. The F-35 program has hit several snags over the years, including costs and goals. The lifetime F-35 program costs top $2 trillion, and sustainability costs are also rising. Last year, the US Government Accountability Office assessed that the F-35 isn't hitting mission-capable goals and hasn't for years. On a company earnings call in April, Taiclet said the fifth-gen plus upgrade focused on better capabilities at a lower cost but details were sparse. "We're basically going to take the [F-35] chassis and turn it into a Ferrari," he said. AI-guided fighters Autonomous or uncrewed capabilities in aircraft have been a top priority for the US Air Force. Its Collaborative Combat Aircraft initiative has focused on unmanned aircraft capable of operating alongside piloted aircraft or autonomously for a variety of missions. Air Force leadership has touted these "loyal wingmen" as not only giving pilots a variety of options for how to employ them — as sensors, weapons carriers, or jamming platforms — but also offering the possibility of having enough with lower costs than crewed aircraft. That could be key in a conflict with a peer adversary, like China or Russia. A pilot could direct a CCA on missions too dangerous for crewed fighters. At the conference, Taiclet said Lockheed Martin's interest in pilot-optional F-35s lent itself to the CCA. "We're thinking of the F-35 not just as a standalone aircraft, but how it can interface with sixth generation and with unmanned aircraft and itself be optionally manned," he said. Efforts for F-35 autonomy would be similar to the Air Force's AI-guided F-16 fighter jet that's been used in recent years to test AI pilots. The aircraft is part of the Air Force and Defense Advanced Research Project Agency (DARPA)'s AI fighter jet pilot program, which has been working on testing, iterating, and updating AI agents to fly the jet. Last year, then-Air Force Secretary Frank Kendall flew in the X-62A pilot by AI, "witnessing several AI agents as they autonomously maneuvered the X-62 against a manned F-16 in dogfighting engagements," an Air Force official said at the time. Those manned-unmanned dogfights have been ongoing and the service has said it's learning a lot of information from them, especially on how autonomous aircraft could aid or support manned pilots.
Malaysian Reserve
22-05-2025
- Business
- Malaysian Reserve
Jack Henry CEO Greg Adelson to Present at Strategic Decisions Conference
MONETT, Mo., May 22, 2025 /PRNewswire/ — Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that it will be participating in the following upcoming conference: Greg Adelson, President & CEO, will present at Bernstein's 41st Annual Strategic Decisions Conference on May 28th. The presentation takes place at 11:00 a.m. ET. A live webcast of the presentation will be accessible here. A replay will be available on following the live presentation. About Jack Henry & Associates, Inc.®Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 48 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at Statements made in this news release that are not historical facts are 'forward-looking statements.' Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company's Securities and Exchange Commission filings, including the Company's most recent reports on Form 10-K and Form 10-Q, particularly under the heading 'Risk Factors.' Any forward-looking statement made in this news release speaks only as of the date of the news release, and the Company expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise.
Yahoo
22-05-2025
- Business
- Yahoo
Jack Henry CEO Greg Adelson to Present at Strategic Decisions Conference
MONETT, Mo., May 22, 2025 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that it will be participating in the following upcoming conference: Greg Adelson, President & CEO, will present at Bernstein's 41st Annual Strategic Decisions Conference on May 28th. The presentation takes place at 11:00 a.m. ET. A live webcast of the presentation will be accessible here. A replay will be available on following the live presentation. About Jack Henry & Associates, Inc.®Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 48 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at Statements made in this news release that are not historical facts are "forward-looking statements." Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company's Securities and Exchange Commission filings, including the Company's most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Any forward-looking statement made in this news release speaks only as of the date of the news release, and the Company expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise. View original content to download multimedia: SOURCE Jack Henry & Associates, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
21-05-2025
- Business
- Business Wire
Johnson & Johnson to Participate in the Bernstein's 41st Annual Strategic Decisions Conference
NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Johnson & Johnson (NYSE: JNJ) will present at the Bernstein's 41st Annual Strategic Decisions Conference on Wednesday, May 28 th, 2025. Management will participate in a Fireside Chat at 9:00 a.m. Eastern Time. A live audio webcast of the presentation will be accessible through Johnson & Johnson's Investor Relations website at An archived edition of the session will be available later that day. The audio webcast replay will be available approximately 48 hours after the webcast.
