The US Capitol building in Washington, DC. (Janes/Marc Selinger)

The US Professional Services Council (PSC) is urging its member companies to prepare for the possibility that the US government could delay payments to contractors if it fails to resolve its debt limit crisis.

Contractors should stockpile cash and consult with their credit providers to ensure they can continue operations if the government suspends payments, David Berteau, PSC president and CEO, told reporters on 25 May.

HMS Vanguard is expected to return to operations later in 2023 following the completion of its post-refit trial period. (Crown Copyright)

The UK Royal Navy's (RN's) nuclear-powered ballistic missile submarine (SSBN), HMS Vanguard (S28), has finally departed Babcock International's Devonport Royal Dockyard facility in Plymouth following the completion of a much-delayed deep maintenance and refuelling programme.

An RN spokesperson confirmed to Janes that Vanguard

Lockheed Martin builds GPS III satellites for the US Space Force. (Lockheed Martin)

Lockheed Martin's Space business area plans to consolidate its five lines of business into three as part of a reorganisation, according to a 4 May announcement.