Browsing: Navy

They served their country in uniform. Now veterans in Austin are building companies to take on some of the biggest challenges in defense, technology, and space.

The South Korean Navy was set to hold a launching ceremony Tuesday for its latest domestically built attack submarine, a key asset in boosting its undersea deterrence against maritime threats around the Korean Peninsula, the armed forces said.

Naval Support Activity Souda Bay in Greece has opened a fully automated Navy Exchange micro market designed to provide military personnel with round-the-clock access to food and essential supplies, according to a press release.

The latest Aegis destroyer, Daehokimjongseo, was launched on the 30th at the HD Hyundai Heavy Industries Ulsan Shipyard. The sixth ship in the plan to develop six indigenous Aegis destroyers was named after General Kim Jong-seo, who led the opening of the six northern garrisons during the reign of King Sejong of Joseon.

Gap names Michael Francis as Old Navy CEO, president | Retail Customer Experience

Gap’s transformation journey has hitsome roadblocks, and the apparel giant hopes that shaking up management at its Old Navy division will solve at least some of the problems.

Old Navy is betting that denim can pull people back in, and not just because jeans are a wardrobe staple. When a retailer’s summer storytelling does not translate into store traffic, the fastest reset is usually to anchor on a category people already shop with confidence and talk about with opinions.

The brand is replacing its CEO following several lagging quarters and pointed to a recent campaign with Cardi B as a sign of its revamped approach.