Aerospace Group:

Air Force

Raytheon’s OCX Software For GPS III Satellites Completes Key Milestone

Thursday, May 2nd, 2013

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Raytheon [RTN] in February successfully completed the second launch readiness exercise for the launch and checkout system (LCS) of the Air Force’s next-generation Global Positioning System (GPS) III satellite operational control system (OCX), according to a company statement. Completion of Exercise 2 is a key milestone demonstrating that Raytheon’s OCX software meets mission requirements and is on track to support the first GPS III satellite launch scheduled for 2015. Completed over a three-day period in late February, the joint industry…

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 […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]