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Business/Financial

Lockheed Martin Nabs FBI Contract To Develop Multi-Modal Biometric Database

DDN

Wednesday, February 13th, 2008

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By Calvin Biesecker The FBI yesterday selected Lockheed Martin [LMT] as the systems integrator for an award potentially worth nearly $1 billion to design, develop and deploy its Next Generation Identification (NGI) System, which will expand its current electronic fingerprint-based database to include multiple biometrics to better improve the identification and capture of criminals and terrorists. The initial value of the contract, which includes a base year and nine option years, is nearly $40 million for the first year and…

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]