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Army

Lockheed Martin Receives $64 Million To Move JAGM Forward

By Cal Biesecker

Monday, August 20th, 2012

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Lockheed Martin [LMT] Friday received a not-to-exceed $64.15 million value contract for Joint-Air-To-Ground Missile (JAGM) guidance section work in the Extended Technology Development (TD) Phase. The JAGM Extended TD Phase will address affordability and reduce overall risk before entering the Engineering and Manufacturing Development (EMD) Phase by adopting an incremental strategy for qualification of the JAGM guidance section, according to the Program Executive Office, Missiles and Space which, in conjunction with the Aviation and Missile Command, issued the contract. Additionally,…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]