Lockheed Martin [LMT] successfully flight tested its VH-92A helicopter on July 28, signaling a major step towards becoming the next Marine One aircraft used to transport the president.The company’s Sikorsky VH-92A will enter service in 2020, after signing a $1.24 billion contract in May 2014 to produce two test aircraft and four production aircraft as part of the Presidential Helicopter Replacement Program.Two flights were conducted at the Sikorsky plant in Stratford, Connecticut, according to a Lockheed statement on Aug. 3.…
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Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]
Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine
A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]
Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
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A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
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