Archive: Market Sectors

A 1:10 scale model of the SB-1 Defiant at the 2018 ASUA annual conference. (Photo by Dan Parsons)

SB-1 Defiant Complete Except For Main Rotor Blades, Ground Runs to Begin in November

Installation of its eight 30-foot-long rigid rotor blades is all the SB-1 Defiant needs to be a complete compound helicopter scheduled for a first flight before the end of the year. “Defiant has been completely built, minus the rotor blades,” Rich Koucheravy, Sikorsky’s [LMT] future vertical lift director, said Oct. 8 at the Association of […]

An artist’s rendering of Lockheed Martin’s JASSM. Photo: Lockheed Martin.

Lockheed Martin Awarded $390 Million for JASSM Lot 16 Production

The Air Force on Friday awarded Lockheed Martin [LMT] a $390 million contract to continue production of the Joint Air-to-Surface Standoff missile (JASSM) currently in use on several of the service’s fighter and bomber fleets. The contract is for Lot 16 production and includes 360 JASSM-extended range (JASSM-ER) missiles, three foreign military sales (FMS) separation […]

Adm. James Foggo, commander of Allied Joint Forces Command, U.S. Naval Forces Europe, and U.S. Naval Forces Africa. (Photo: U.S. Navy)

Foggo Says NATO Exercise To Deter Russia, Warns About Sub Threat

The Navy’s top admiral in charge of the service’s forces in Europe acknowledged the upcoming Trident Juncture 18 NATO exercise is, in part, aimed at deterring potential Russian actions against the alliance. Adm. James Foggo, commander of Allied Joint Forces Command, U.S. Naval Forces Europe, and U.S. Naval Forces Africa, emphasized in a press briefing […]

Senator Joni Ernst, junior United States senator, Iowa, visits the Logistics Innovation Demonstration at Camp Wilson aboard Marine Corps Air Ground Combat Center, Twentynine Palms, Calif., May 6, 2018. Ernst is a Committee on Armed Services representative and visited the installation to observe a live-fire range, view the flightline and speak to Marines. (U.S. Marine Corps photo by Lance Cpl. Ashlee Conover)

SASC Member: Congress Must Work With DoD To Save Money in Future Budgets

Congress will work with the Defense Department to find cost savings and prioritize funding for critical equipment needs for future budget cycles, a Senate Armed Services Committee member said Oct. 4. Following the passage of the $716 billion fiscal year FY’19 defense appropriations bill, the bipartisan committee needs to continue “pressing onward and upward” to […]

Developed by General Motors and the Army, the Colorado ZH2 hydrogen fuel cell-powered vehicle. Photo: GM

GM Names Retired Army General Charlton As President Of Defense Unit

General Motors [GM] is transitioning its year-old defense subsidiary to a more active role in terms of customer outreach and marketing now that the legal paperwork is out of the way and has named John Charlton, a retired Army two-star general, as president. Charlton and General Motors Defense LLC will be based in Washington, D.C., […]

Aerial view of the Pentagon, Arlington, VA

DoD to Request New Funds to Re-Energize Defense Industrial Base

The Pentagon plans to request additional funds in the FY’20 budget request to help address critical issues that are undermining the U.S. defense industrial base, officials said Oct. 4. The department will utilize existing funds that fuel industrial base mitigation efforts, but will also need to add more to the pot to implement all of […]

Report: Defense-Industrial Base Weakened by Global Competition, Reduced Capacity at Home

A report released on Friday on the state of the U.S. defense-industrial base paints a grim picture of the varied challenges, both domestic and global, that are eroding the base’s capability to ensure that warfighters are well-prepared for current and future threats. Sequestration, the decline of U.S. manufacturing capability and capacity, cumbersome government business practices, […]

Guided Multiple Launch Rocket Systems (GMLRS) Unitary Rocket Launch. 
Photo: Lockheed Martin.

State Department Approves Bahrain Missile Systems Purchase, Aircraft Deals With Iraq, Canada

The State Department announced Thursday it has approved deals to sell Guided Multiple Launch Rocket System Unitary Rocket Pods and Army Tactical Missiles System (ATACMS) Unitary missiles to Bahrain, Bell [TXT] 407GX helicopters to Iraq and King Air 350ER aircraft to Canada. Bahrain has purchased 120 GMLRS M31 unitary rocket pods, equipped with 720 rockets, […]

Christopher Krebs, Undersecretary of the National Protection and Programs Directorate at DHS. Krebs would lead the new Cybersecurity and Infrastructure Security Agency.

Senate Passes Bill To Operationalize DHS Cyber Protection Agency

The Senate Wednesday evening passed a bill to operationalize the Department of Homeland Security’s main cyber security unit as the agency looks to continue improving election security and critical infrastructure protection efforts against growing cyber threats. The bill renames DHS’ National Protection and Programs Directorate (NPPD) as the Cybersecurity and Infrastructure Security Agency (CISA) and […]

Undersecretary of the Navy Thomas Modly is briefed by Capt. Jeffrey Grimes, commanding officer of Naval Base Guam, during a visit on Sept. 30, 2018. (Photo: U.S. Navy)

Navy Leadership To See Draft FSA Next Month, Unmanned A Priority

The undersecretary of the Navy said the service’s leadership should be getting a draft of the next Force Structure Assessment (FSA) in November. Then the Navy leaders will have a chance to adjust the report before a final report is released some time next year, Undersecretary Thomas Modly told reporters at a Defense Writers Group […]