:

Army

Army Has Awarded Lockheed Martin $520.8 Million To Replenish GMLRS Stockpiles

By Matthew Beinart

Monday, November 14th, 2022

SHARE:

Army Has Awarded Lockheed Martin $520.8 Million To Replenish GMLRS Stockpiles

GMLRS Alternative Warhead Firing Photo: Lockheed Martin

The Army on Monday announced it recently awarded $520.8 million in contract options to Lockheed Martin [LMT] for Guided Multiple Launch Rocket Systems (GMLRS) to help replenish stockpiles of the weapon sent to Ukraine. “This award enables us to replenish our own inventory while providing critical capabilities for our allies and international partners,” Doug Bush, the Army’s top acquisition official, said in a statement. “We remain committed to getting things on contract as quickly as possible to ensure our stocks…

Congress

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 […]

Congress

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 […]

Congress

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 […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]