Lockheed Martin [LMT] is investing significant resources into modular open-architecture systems so that it can integrate new technologies into the platforms it already builds for the U.S. military.In a world where weapons and other military systems are increasingly software-defined and in which commercial technology is advancing at exponential rates, taking a modular, open-systems engineering approach is critical for defense contractors to remain relevant, according to Lockheed Martin CEO Marillyn Hewson.“It’s a way of framing the challenge that we have as we…
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House Appropriators Uncertain Navy Will Award F/A-XX Contract By August
House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]
House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty
The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]
House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut
The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]
House Appropriators Concerned With ‘Risky’ Reconciliation Approach To Fund Munitions, F-35 Plans
The House Appropriations Committee has raised concern with the Trump administration’s “risky” approach to seeking significant fiscal year 2027 funding for key priorities such as critical munitions and F-35 procurement […]
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