The governments of Greece and the United States have signed a Letter of Offer and Acceptance for the sale of additional Lockheed Martin [LMT] precision-strike laser-guided Hellfire II missiles to Greece. The agreement, announced by Lockheed Martin Oct. 2, authorizes the sale of multiple warhead variants of the modular Hellfire II, with options, for the Hellenic Army's AH-64 Apache and the Hellenic Navy's SH-60B Seahawk helicopters. The value of the contract and the deliverables were not disclosed. "We are honored…
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Congress Updates
Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests
The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]
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 […]
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 […]
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 […]