:

Business/Financial

As Defense Firms Consolidate, Pentagon Looks To Co-opt Commercial Tech

Monday, November 16th, 2015

SHARE:

As Defense Firms Consolidate, Pentagon Looks To Co-opt Commercial Tech

Norway's first F-35A, called AM-1, is in production at the Lockheed Martin Fort Worth, Texas assembly plant. Photo: Lockheed Martin.

The U.S. and international defense industries are undergoing a period of rapid and large-scale consolidation that could result in a handful of traditional contractors that build major weapon systems but leave technological development to a more populated and competitive commercial market.“There is a lot of consolidation happening on the platform side,” William Lynn, chief executive of Finmeccanica North America, said Nov. 16 at the Center for Strategic and International Studies’ Global Security Forum in Washington, D.C. “With aircraft carriers, we…

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]

Army

Army ‘Looking At Options’ For Supporting Munitions Boost Plans If Reconciliation Fails, Official Says

The Army is “looking at options” for how it would support planned boosts to munitions production if Congress doesn’t pass a reconciliation bill with the requested funding, a senior acquisition […]

Build Of At Least 45 MQ-9s By Start Of FY 2029 Required By SASC Bill

Down to an inventory of 135 MQ-9A Reapers due to the loss of two dozen aircraft in strikes on Iran, the Air Force would have to field at least 45 […]